Bill 119 HR 1219, also known as the Over-the-Counter Oral Healthcare Products Act, aims to amend the Internal Revenue Code of 1986 to allow over-the-counter oral healthcare products to be considered qualified medical expenses that can be purchased with funds from Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs). Currently, HSAs and FSAs can only be used to purchase certain medical expenses that are deemed necessary for the treatment or prevention of a specific medical condition. This bill seeks to expand the list of qualified medical expenses to include over-the-counter oral healthcare products such as toothpaste, mouthwash, and dental floss. By allowing individuals to use their HSA and FSA funds to purchase these oral healthcare products, the bill aims to promote better oral health and hygiene among Americans. This could potentially lead to a decrease in dental problems and related healthcare costs in the long run. Overall, Bill 119 HR 1219 is a bipartisan effort to improve access to essential oral healthcare products and promote better oral health outcomes for individuals across the country.
Bill 119 HR 1219, also known as the Over-the-Counter Oral Healthcare Products Act, aims to amend the Internal Revenue Code of 1986 to allow over-the-counter oral healthcare products to be considered qualified medical expenses...