When calculating expenses for my Flexible Spening Account, how do I factor in coupons I used?

Question

For example, I bought tylenol for $8.00 but I had a $2.00 coupon. Can I claim it for $8.00 or $6.00?

Answer 1

Your receipt is going to show the actual cost (after the discount) that is the amount you would charge to your FSA account.

Answer 2

Usually you fax in a copy of the receipt for the transaction with the price circled, if you circle $8.00 most likely that is what they will pay you. If they catch that you only paid $6.00 they will make the adjustment and pay you $6.00.

FYI a lot of stores are now placing a total at the bottom of the receipt for eligible expenses.

Answer 3

$6.  You can only claim for what you SPENT.  Not the "list price" of the medication.

Answer 4

i am not aware abou this

source:http://www.insuranceplan4u.com