OTC Medications

Is Prescription Medications HSA Eligible?

HSA Eligible

Prescription medications are HSA eligible when prescribed to treat a medical condition.

IRS Reference

Prescription drugs are generally qualified medical expenses (IRS Publication 502).

Eligibility Conditions

✅ Qualifies

  • Copays for prescriptions
  • Out-of-pocket prescriptions
  • Mail-order pharmacy prescriptions

❌ Does Not Qualify

  • General supplements not prescribed as treatment

Real-World Examples

✅ Eligible

  • Antibiotics
  • Blood pressure medication
  • Asthma inhalers

❌ Not Eligible

  • General wellness supplements

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Frequently Asked Questions

Is the pharmacy dispensing fee eligible?+
Yes, if it's part of the prescription purchase.

Track your eligible expenses automatically

HSA Vault uses AI to scan your receipts and categorize expenses \u2014 so you always know what\u2019s HSA-eligible.

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