The Coronavirus Aid, Relief, and Economic Security Act (H.R. 748), known as the CARES Act, became law on March 27, 2020. This summary is the second part of our discussion of certain of the provisions of the CARES Act that can impact employee benefit plans and arrangements. Our alert discusses the exclusion from tax for certain employer payments for student loans, permissible coverage for telehealth benefits under high deductible health plans, and the inclusion of certain over the counter medical products as qualified medical expenses under FSAs, HRAs, HSAs, and Archer MSAs.