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Keyword: overthecounterdrugs

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  • Obamacare Sticker Shock: Taxing Over 15,000 Medicines

    10/14/2010 6:42:43 AM PDT · by kristinn · 46 replies · 1+ views
    Human Events ^ | Thursday, October 14, 2010 | Connie Hair
    Nancy Pelosi warned us we’d have to pass Obamacare to find out what’s in it. And what we’re finding we don’t like at all. Higher insurance premiums are hitting families hard. Medicare Advantage has been decimated. Millions will be forced into government-run Medicaid where long lines and rationing await. If we like our insurance -- too bad. Beginning January 1, 2011, more than 15,000 over-the-counter (OTC) health care items will require a prescription (and that means a doctor’s visit) for tax-free reimbursement. Under Obamacare, OTC drugs cannot be reimbursed tax-free from Health Savings Accounts (HSAs) or Flexible Spending Accounts (FSAs)...