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Healthcare Flexible Spending Account Documents Should be Amended by December 31

Many employers have established health care expense (or “flex spending”) accounts under cafeteria plans to which employees make salary deferrals and are then reimbursed for medical expenses. Under current law, reimbursable medical expenses include, for example, prescription drugs and over-the-counter medications and other treatments. Thus, many individuals obtain reimbursement for contact lens solution and certain [...]