The coronavirus spending package will allow people with specific pretax funds for eligible health care-related expenses to use the money on menstrual products.
The bill will allow people with specific pretax funds for eligible health care-related expenses -- health savings accounts, Archer medical savings accounts, health care flexible spending accounts or health reimbursement arrangements -- to use the money on menstrual products. It defines those products as a"tampon, pad, liner, cup, sponge, or similar product," and covers costs retroactively through January 1, 2020.
""Amounts paid for menstrual care products shall be treated as paid for medical care" for HSAs and Archer MSAs, according to the bill, and for FSAs and HRAs, menstrual product costs"shall be treated as incurred for medical care."Read MoreThe provision was part of a wide-ranging bipartisan package negotiated by the Senate Finance Committee that was presented to leadership and included in the bill, a source familiar with the negotiations told CNN on Thursday.
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