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Barbara Weltman

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Telemedicine for Mental Health Issues Is Covered

April 25, 2020 / By Barbara Weltman

It’s been reported that there was an 891% spike in calls to the Disaster Distress Helpline, which is being attributed to COVID-19. Individuals who have flexible spending accounts (FSAs) or health savings accounts (HSAs) can reach out to mental health are professionals at this time if they’re experiencing stress, anxiety, depression, or other issues and the costs can be reimbursed by these plans. The CARES Act makes the cost of telemedicine a qualified expense.

Alert: Follow coronavirus-related federal tax changes for your business through the IRS.

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Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.

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