Posted on 12/25/2010 6:11:36 AM PST by KeyLargo
For all of those with HSAs Obamacare as of one week from today will require a doctors prescription to buy over-the counter medications such as aspirin, cold meds etc.
Affordable Care Act: Questions and Answers on Over-the-Counter Medicines and Drugs
Q. How are the rules changing for reimbursing the cost of over-the-counter medicines and drugs from health flexible spending arrangements (health FSAs) and health reimbursement arrangements (HRAs)?
A. Section 9003 of the Affordable Care Act established a new uniform standard for medical expenses. Effective Jan. 1, 2011, distributions from health FSAs and HRAs will be allowed to reimburse the cost of over-the-counter medicines or drugs only if they are purchased with a prescription. This new rule does not apply to reimbursements for the cost of insulin, which will continue to be permitted, even if purchased without a prescription.
The RX to cure these Perverted Purveyors of Perversion is Psalm number 64.
Insulin doesn’t require a prescription??
Indeed. The regime cannot allow for we the people to have any freedom whatsoever to make medical decisions on our own.
The hosing begins, Bend over and stand by for the Ram.
Now I’m ticked!!! I bought into an HSA healthplan last year, since my other option, through our small company, was going to cost my family close to $1500/month (family of three, no medical issues). I got it down to $800/mo with an HSA.
Argggggggggg!!!!!!!
My hatred and disgust for 99 percent of those in govt grows larger.
Leave us alone damn it!
I already have to show more identification to buy those little red sinus pills than I do for a prescription.
So, to avoid some government taxes, you have to submit to more government control. Ain’t this government grand? /s
I really do wish I would have had one of those. I paid into insurance plans my entire life and until 2 years ago I never had a claim. Even now, I have fewer claims then most of the youngsters in my office.
I'd have a real nice retirement now had that been the case.
The POSOTUS should be in prison with the rest of his little turds who voted for this.
Life, liberty and the pursuit and destruction of totalitarians.
I appreciate the vote of confidence! I guess I need to learn more about how the entire process works and utilize it to its fullest.
Merry Christmas.
I’d have a real nice retirement now had that been the case.
At least you have the comfort of knowing that the doctors, lawyers, and insurance executives will have a nice retirement.
Requiring a trip to the doctor to write a prescription to be able to use your own money to buy aspirin — will reduce health care expenses? Makes sense to me.
LOL, you’re right, they owe me a LOT.
I'm with you 100 percent.
Newsmax
Obamacare Creates Windfall for Big Pharma
Tuesday, March 23, 2010 12:43 PM
By: John Berlau Newsmax
“They won’t be so opposed to it once they see what’s in it.” That’s the rationalization House leaders have given skittish Democrats to get them to walk the plank on Obamacare Sunday night.
But one of the first things millions of Americans will “see” is an effective 40 percent tax hike on the over-the-counter (OTC) medicines — from an antihistamine such as Claritin for allergies, pain relief medicine such as Tylenol or Excedrin, Pedialyte to prevent their kids from becoming dehydrated when they are sick, and even prenatal vitamins if they are expecting another one.
All of these items have two things in common. One is that they are classified as “over the counter” medicines and available without a doctor’s prescription.
Special: Do You Support Obama’s Healthcare Plan? Vote Here Now!
The other is that if you pay for any of these items with money in your flexible spending account (FSA) or health savings account (HSA) — and according to a guide from FSA plan administrator Benesyst, all of these are eligible expenses — you will face an effective tax increase of up to 40 percent on these items in the healthcare bill that President Obama signed today.
The bill restricts individuals with these pre-tax accounts to buying a “medicine or drug only if such medicine or drug is a prescribed” one. And ironically, this tax will raise healthcare costs substantially by creating incentives for the use of more expensive prescription drugs even when OTC drugs are just as safe and effective.
And while the tax on “Cadillac” plans for union members was delayed in the reconciliation bill until 2018, no such luck for HSA and FSA account holders, many of whom are self-employed and entrepreneurs.
These healthcare consumers and voters — and there are more than 40 million of them according to the Washington Times — will still “see” this tax hike go into effect at the beginning of 2011, the same as when I last reported on this “medicine cabinet tax” in BigGovernment.com and at the Competitive Enterprise Institute blog OpenMarket.org. And if there were a couple smart politicians, Americans would “see” this tax as soon as this week’s reconciliation debate.
http://www.newsmax.com/JohnBerlau/obamacare-health-care-healthcare/2010/03/23/id/353602
Don’t tell them and just buy the things out of your wallet.
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