For the first time, menstrual care products are considered qualified medical expenses for payment or reimbursement with an HSA, FSA or HRA. Here's what's on the list for 2020 and 2021. Health savings accounts (HSAs) are individual accounts offered by Optum Bank ®, Member FDIC, and are subject to eligibility and restrictions, including but not limited to restrictions on distributions for qualified medical expenses set forth in section 213(d) of the Internal Revenue Code. Individual merchants, like pharmacies and convenience stores, must update their point of sale (POS) system to now recognize these products as qualified medical expenses for FSA and HRA. Use your Optum Bank payment Mastercard ® as you normally would for these purchases. Individual merchants, like pharmacies and convenience stores, must update their point of sale (POS) system to now recognize these products as qualified medical expenses for FSA and HRA. To pay for qualified medical expenses, choose the option that’s most convenient for you: • Use your Optum Bank debit Mastercard®. Qualified Medical Expenses Save your receipts. Use your Optum Bank payment Mastercard ® as you normally would for these purchases. • Pay out-of-pocket and then distribute funds from your HSA to reimburse yourself. Individual merchants, like pharmacies and convenience stores, must update their point of sale (POS) system to now recognize these products as qualified medical expenses for FSA and HRA. We’re everywhere you go The Optum Bank mobile app is the most ... Common FSA eligible/ineligible expenses • The IRS publishes information on FSAs and eligible medical expenses. State taxes may apply. With an Optum Bank FSA, you have the tools and resources to make the most of your health care dollars. The CARES Act has broadened the list of HSA-eligible expenses. Eligible expenses include medical, dental, vision, hearing and prescription drug expenses. Dependent care FSA expenses: If you have children under 13 or adult dependents who aren’t capable of caring for themselves, you can use your dependent care FSA to pay for eligible daycare expenses. 11. For more information, visit optumbank.com. Use your health care FSA or limited purpose FSA money, or dependent care FSA to pay for qualified medical expenses. FSA Eligible Expenses Managing your FSA is simple With an Optum™ FSA, it’s easy to use your account. Where can I use my Optum Bank payment Mastercard ®? You can also use the FSA funds to pay for copays, coinsurance and a variety of other eligible items. • Use online bill pay. ... FSA- vs. HSA-eligible expenses. The Optum Bank mobile app is the most convenient way to check your balance, submit and review claims, and receive messages—even when you’re in line at the pharmacy. ... such as HSA Bank, Fidelity, HealthEquity, or Optum. 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