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FSA eligible expenses — what purchases count?

Business Management Daily

Flexible Spending Accounts allow employees to set aside pre-tax dollars from their paycheck to use for medical or dependent care expenses. These funds are placed in an FSA account that employees can use to pay for eligible expenses. Here is what you need to know to figure out if an expense is FSA eligible.

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“Free” COVID tests are causing headaches for employers

Business Management Daily

But the principle also applies if employees have flexible spending accounts or health savings accounts. Reimbursements to employees who buy tests outside those networks may be limited to the lower of $12 per test or the actual cost ($24 for test kits with two tests per pack). One safe harbor, two options.