GOP Health Care Proposal Cuts Rx Requirement To Buy OTCs With Pre-Tax Savings
This article was originally published in The Tan Sheet
Executive Summary
Repealing the Affordable Care Act “takes the critical step of restoring the ability to use funds” for OTC drugs “as a qualified medical expense,” say GOP leaders. The proposed legislation also would eliminate a tax on Rx drugs and medical devices that industry negotiated in the creation of ACA.