Drugstore.com gets more Flexible
This article was originally published in The Tan Sheet
Executive Summary
Online retailer partners with WageWorks, a provider of employee flexible spending accounts, to facilitate OTC drug purchases with pre-tax FSA dollars, drugstore.com announces July 13. Products eligible for FSA spending will be tagged with special icons. WageWorks account holders will have eligible products automatically charged to the FSA. The agreement expands drugstore.com's FSA network (1"The Tan Sheet" Dec. 1, 2003, In Brief). A recent IRS rule interpretation allowed OTCs to be covered under FSAs for the first time (2"The Tan Sheet" Sept. 8, 2003, p. 3)...