I have no problem with having someone who claims a tax-exempt transaction being asked to prove it; otherwise you’ll have 20 year-olds claiming expenses for prune juice and denture cleaning stuff, or sixty year-olds claiming baby aspirin.
I have issues with the larger picture, but this may be just common sense; we can be asked to document anything we put on our tax returns, and this is no different.
Perhaps you’d like your HSA and IRA account to be distributed by the Government as well. They know best of course! Just turn everything over. NOT forcibly just by penalty of law!
The new cap of $2,500, the new hastles that it takes to buy a freaking bottle of Tylenol, don’t you get it? It’s all about destroying every part of the health care system that is privatized and that is controlled by the consumer instead of by the government.
So you have to go to the Doctor so I presume you would pay for that visit just to say you need aspirin for your headache—so you can use the oney that you sacved in your health savings acount—is that the gist of it. Do you think you will have to get a note if you neeed tampax I presume that would be a monthly doctors appointment.
In the case of an item like Tylenol, what other use could it be put to? A sales receipt, or a list provided by a pharmacy that keeps these records for you, by any common sense would be sufficient if there were an audit,
My cardiologist verbally prescribed 81 mg aspirin and fish oil, both of which are paid for through my HSA using MY money, not your money or at any real expense to the gubmint or tax payers. I would imagine that most others who take it have also had it prescribed, at least verbally, by their doctors. Why anyone would have ANY objection to ME paying for MY medications with MY money is well beyond they bounds of rational thought. The IRS requiring a formal prescription (that goes away as soon as it is filled) is an unnecessary complication of one portion of our screwed up health care system that actually works to save taxpayer dollars. If you want to eliminate a boondoggle, try looking at Medicare Part D.