In response to new Internal Revenue Service (IRS) guidance (the IRS is the Obamacare enforcement agency), the Special Interest Group for IIAS Standards (SIGIS) released a new list of OTC medications that will require a prescription for a tax-free withdrawal from an HSA or an FSA under Obamacare. SIGIS is an industry group for health care debit card transactions and merchants. According to SIGIS, 15,000 OTC health care items are barred from purchase by these accounts without prescription.The intent of the ObamaCare reg is to kill FSA's.
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