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June 2023 Product & Service Enhancement Updates
OCA's New Product & Service Enhancements Updates We are excited to announce that we have launched…
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Covid Outbreak Periods Set to End July 10th
Covid Outbreak Periods Set to End July 10th With the Outbreak Period set to end on July 10, 2023,…
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IRS Announces 2023 FSA & Commuter Contributions Limits
IRS Announces 2023 FSA & Commuter Contributions Limits The IRS has announced Revenue Procedure 2022-38…
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NJDOBI Bulletin 21-08
New Jersey Department of Banking & Insurance (NJDOBI) Issues Bulletin No. 21-08 Update 7-23-2021 With…
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MHPNJ Conversion Notice
OCA's Commitment to Our MHPNJ Clients While we are all saddened with the news that Members Health…
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IRS Announces PPE as Qualified Medical Expense
IRS Treats Face Masks, Hand Sanitizers, and Sanitizing Wipes as Qualified Medical Expenses On March…
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IRS Treats Face Masks, Hand Sanitizers, and Sanitizing Wipes as Qualified Medical Expenses
On March 26, 2021, the IRS released Announcement 2021-7 that provides that amounts paid for personal protective equipment for the primary purpose of preventing the spread of COVID-19, such as masks, hand sanitizer and sanitizing wipes for use by the taxpayer, the taxpayer’s spouse, or the taxpayer’s dependent(s) are treated as amounts paid for medical care under § 213(d) of the Internal Revenue Code. As such, these amounts can be reimbursed by a health flexible spending arrangement, a health reimbursement arrangement or a health savings account.
OCA will be automatically amending our clients Health FSA plans to include PPE as qualified medical expenses. Should an employer wish to not include PPE as an eligible expense, please contact OCA directly to opt out.