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Tax break on OTC drugs. (over-the-counter).(Policy & Practice)(Brief Article)

Publication: Internal Medicine News

Publication Date: 15-OCT-03

Author: Silverman, Jennifer
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COPYRIGHT 2003 International Medical News Group

A clarification of federal tax law means that patients with flexible health care benefits can use pretax dollars in their accounts to pay for over-the-counter drugs. In new guidelines, the Treasury Department and the Internal Revenue Service state that such reimbursements for non-prescription drugs by an employer health plan...

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