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HSA, FSA Consumers Targeted By Online Retailer

This article was originally published in The Tan Sheet

Executive Summary

Online retailer HSA-FSA Superstore plans to launch March 31 offering only OTC drugs and home medical equipment eligible for coverage by health saving accounts or flexible spending accounts

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HSAs, FSAs in grocery

Winn-Dixie grocery stores allow customers to use Health Savings Accounts and Flexible Spending Accounts for automatic processing of OTC purchases covered by the programs, the food retailer announces May 16. New software identifies qualified OTC and wellness products, automatically charges them to HSA or FSA accounts and subtracts the purchase amounts from customers' totals. Formerly, customers had to make a separate HSA or FSA purchase at the pharmacy counter. The company notes the effort is intended to increase customers' convenience for using HSA and FSA accounts, which allow pre-tax deductions for qualified medical expenses. Other retailers with similar programs include HSA-FSA Superstore, which operates online (1"The Tan Sheet" March 17, 2008, p. 15)...

HSAs, FSAs in grocery

Winn-Dixie grocery stores allow customers to use Health Savings Accounts and Flexible Spending Accounts for automatic processing of OTC purchases covered by the programs, the food retailer announces May 16. New software identifies qualified OTC and wellness products, automatically charges them to HSA or FSA accounts and subtracts the purchase amounts from customers' totals. Formerly, customers had to make a separate HSA or FSA purchase at the pharmacy counter. The company notes the effort is intended to increase customers' convenience for using HSA and FSA accounts, which allow pre-tax deductions for qualified medical expenses. Other retailers with similar programs include HSA-FSA Superstore, which operates online (1"The Tan Sheet" March 17, 2008, p. 15)...

HSAs, FSAs in grocery

Winn-Dixie grocery stores allow customers to use Health Savings Accounts and Flexible Spending Accounts for automatic processing of OTC purchases covered by the programs, the food retailer announces May 16. New software identifies qualified OTC and wellness products, automatically charges them to HSA or FSA accounts and subtracts the purchase amounts from customers' totals. Formerly, customers had to make a separate HSA or FSA purchase at the pharmacy counter. The company notes the effort is intended to increase customers' convenience for using HSA and FSA accounts, which allow pre-tax deductions for qualified medical expenses. Other retailers with similar programs include HSA-FSA Superstore, which operates online (1"The Tan Sheet" March 17, 2008, p. 15)...

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