Chapter reports that seniors leave $5 billion in unclaimed Medicare Advantage OTC benefits annually due to lack of awareness ...

You can use a healthcare flexible spending account (FSA) to help pay for prescription medications approved by the Food and Drug Administration (FDA). You can also use it toward prescription eyeglasses ...

The CARES Act allowed for more OTC drugs and health supplies to be FSA and HSA eligible. Examples of medications eligible for FSA and HSA include: acetaminophen (Tylenol), Monistat, Nasacort, Dayquil, ...

Both accounts can help defray medical costs, but there key differences Written By Written by Contributor, Buy Side Martha C. White is a contributor to Buy Side and a finance expert, specializing in ...

A medical professional using a digital tablet pointing out health insurance information. When it comes to health insurance, it’s essential to know what each plan covers. Thatch delves into the nuances ...

A health savings account (HSA) is a tax-exempt account that helps you save and pay for qualified healthcare expenses. To open and contribute to an HSA, you must be actively enrolled in a qualifying ...

Discover what medical expenses are deductible, including examples like insurance premiums and prescriptions, and learn how ...

Drugs for high cholesterol and migraine could become OTC in the U.S. But without a comprehensive behind-the-counter ...

When it comes to health insurance, it's essential to know what each plan covers. Thatch delves into the nuances of Health Reimbursement Arrangements, or HRAs, Qualified Small Employer Health ...

Opening a 529 plan to save for your child’s college expenses can be a great way to build savings while reaping tax benefits. Some of the benefits of a 529 plan include tax free growth and tax free ...