As large parts of drought-ridden, wind-blown Central Texas burned, my wife and I realized we needed to talk.
“If we had to evacuate because wildfires were approaching our house,” I asked, “what would we take?”
It’s just a hypothetical question for us, thank heavens. However, that’s exactly the time when you should have the conversation — not when you’ve just gotten a reverse 911 call telling you to evacuate as a roaring wildfire nears.
Come Jan. 1, a new provision in the federal government’s Patient Protection and Affordable Care Act will prohibit the purchase of over-the-counter (OTCs) medications from HSAs, FSAs, and similar accounts unless you have a doctor’s prescription.
So that means paying for those remedies for tummy troubles and throbbing heads from your HSA or FSA will be off-limits. Your attempt to purchase the products with your HSA or FSA debit card might be blocked, or if the transaction does go through, you might need another stiff drink when you see the stiff penalty you might incur.
But last week, a consortium of pharmacists and grocers asked that the rule be rescinded.
It’s a Catch-22. Visa and MasterCard policies state merchants are not required to demand identification as a condition of a credit card sale, but then consumers get mad that cashiers aren’t doing their due diligence when processing their plastic.
As the deadline for buying gifts for all your loved ones tiptoes closer, some of us need advice on surviving the mayhem more than ever.
Easy financing options for health and cosmetic surgery are growing, but consumers may be better off taking their time when considering paying for these procedures.