Benefit Wallet will continue as the College’s health savings account administrator for 2021

New Eligible expense changes for FSA and HSA

  • The Coronavirus Aid, Relief, and Economic Security Act reinstated over-the-counter products as eligible expenses for flexible spending account and health savings account funds without a prescription. Menstrual care products were added as eligible expenses as well. These changes are retroactive to Jan. 1, 2020 so you can seek reimbursement from your accounts for eligible expenses since then. Refer to the Eligible Expenses Tool for a comprehensive list.
  • Watch this Video to learn more about these new eligible expenses.
  • Maximize your FSA and HSA savings by knowing what the Eligible Expenses are.