Obamacare’s Medicine Cabinet Tax to Hit Jan. 1

Monday, 27 Dec 2010 09:17 AM
By Grover Norquist

Due to an Obamacare provision taking effect on Jan. 1, Americans will no longer be able to use their flexible spending account (FSA) and health savings account (HSA) pre-tax dollars to purchase non-prescription, over-the-counter medicines (with the exception of insulin).

Under current rules, health consumers may use these pre-tax accounts to purchase non-prescription, over-the-counter medicines. But on New Years Day 2011, the 40 million Americans who use FSAs and HSAs will no longer be able to use their accounts to buy simple, everyday medicines like the following:

Aspirin
Antacids
Laxatives
Menstrual pain relievers
Antihistamines
Stimulants
Anti-ulcer medicines
Athlete’s foot cream
Cough medicine
Motion sickness medicine
Anti-diarrheal medicine
Decongestants
Hemorrhoid cream
Anti-flatulence medicine

The provision is just one of Obamacare’s two dozen new or higher taxes totaling nearly $600 billion over this decade.

The tax increase will affect any family that has an HSA or FSA.

Therefore, it is clear violation of President Obama’s oft-repeated promise not to raise “any form of taxesâ€