As a result of the global pandemic, Congress has passed the CARES (The Coronavirus Aid, Relief, and Economic Security) Act. The CARES act includes legislation as it relates to Section 125 Flexible Unreimbursed Medical Plans.
The CARES Act amends Section 125 Plans to allow for reimbursement of certain over the counter (OTC) medications. In addition, the act also adds a provision stating that feminine hygiene products are now eligible for reimbursement.
Please see the link below to view a comprehensive list of items that qualify for reimbursement under the Section 125 Plan.
The following link provides additional information regarding COVID-19 as it relates to Section 125 Plans.
If you have any questions or need further clarification on the new guidelines, please contact Ameriflex directly. They may be reached at 888.868.3539 or they may be contacted through your Ameriflex account page.
Margherita Manoiero, CPA, MBA
School Business Administrator