No. Not quite. You just won't be reimbursed for the $2.00 if you have a MSA (medical savings account). It will now be just like with any regular health insurance policy with an Rx card - Prescription Drugs Only. All OTC drugs will be out of pocket.
I don't have an MSA, but if I did I wouldn't use it for Cold Medicine or Aspirin. I'd save the money for when I was really sick and/or for regularly scheduled Dr office visits.
I'm not saying the change is bad or good. Just that this seems like much ado about nothing. As there's a LOT WORSE garbage in ObamaDeathCare to b*tch about.
It’s really quite simple, this move is being done soley to increase tax revenue.
Mike
That would work if the money rolled over from year to year, but it doesn’t. It’s strictly use it or lose it. The saving grace was that if you had a couple hundred bucks left at the end of December, you could stock your medicine cabinet for the coming year. Now it will just be forfeited.
In other words, it’s just another money-grab....
It is a big deal. Those of us who have designed our plans according to choices available make use of the FSA in conjunction with our plans. It isn’t solely the minimization of the FSA - FSAs fit into an overall approach.
This change reduces choice hugely. The difference in cost may end up being much more than the cost of the aspirin. I at least will have to change my plan to adjust - and that will be a lot more costly.
This is just one more example of how we’re getting screwed.