On June 11, 2018, Outside Counsel for SIGIS sent a letter to the IRS requesting clarification on certain items that the SIGIS Eligible Product List Committee has under review to determine their eligibility. SIGIS requested that the IRS formalize prior informal comments, review certain categories based on new information and review potential new categories. SIGIS requested clarification for 16 specific categories of items including:
· Insect Repellant
· Compression Hose
· Inversion Tables
· Prenatal Vitamins
· Sports Physicals
· Diagnostic devices to test for oxygen in the blood
· Diagnostic devices to test for alcohol
· Drug testing kits
· Genetic test kits and expenses
· Downloadable apps with medical functions
· Nasal Strips
· Supplements without non-medical purposes
· Supplements provided in a form not conductive for use for non-medical purposes
· Ace Bandage / Athletic Tape / Brace / Elastic Bandage / Hot-Cold Therapy / Orthopedic Supports / Brace / Rib Belts / Back Braces
· Mobility aids and modifications attributable to ageing or limitations to activities of daily living such as shower grab bar, elevated toilet, walk in tub
Read the full letter here.
We are hopeful the IRS will respond to our request and provide additional information to SIGIS Member Companies and Consumers with Health Benefit Accounts.
SIGIS was organized to develop an industry based solution to IRS guidelines for the acceptance of FSA, HRA and HSA spending account cards. SIGIS develops standards and provide member education; this includes an IIAS Certification program and 90% Registration to assist our members. SIGIS member companies include merchants, acquirers, pos providers, card networks, card issuers, third party administrator members and others. SIGIS membership includes over 14,000 companies.
This material is designed and intended for general informational purposes only and is not intended to address the circumstances of any particular individual or entity. This material is not intended, nor should it be construed or relied upon, as legal advice. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation.