All over-the-counter expenses are also subject to an IRS rule against stockpiling. This means you may not purchase over-the-counter medicines or products in “stockpile” quantities (quantities you will not be able to consume within the Plan Year). A product is considered “consumed” if the packaging is opened. Undoubtedly, the day-to-day application of the IRS rules against stockpiling can be difficult to understand.
As a general policy, Vita will approve claims for three or fewer of an item in a single purchase. However, fifteen (15) days before the Claim Incurred Deadline, Vita will approve claims for one of an item purchased.
If you have questions regarding whether a certain amount of an over-the-counter item would be considered stockpiling, please contact the Vita Concierge.