Under new guidance issued by the IRS, at-home COVID-19 testing kits will be considered a reimbursable medical expense under the three main health care savings vehicles offered to employees.
This new guidance adds to the list of personal COVID-19-related expenses for which employees can seek reimbursement under:
- Health savings accounts
- Health reimbursement arrangements, and
- Flexible spending accounts. COVID-19 Home Test Kits Reimbursable under FSAs, HSAs
Copyright © 2021
Brown & Stromecki