The skin condition is call eczema. And yes, are there over the counter remedies for it. Look in the skin care / health and beauty section for creams that you can put on to help relieve the redness from the rashes.
Stay away from almost all products, they have fragrances, dyes, chemicals, preservatives, and other ingredients.
Use a perfume free, dye free, lanolin free & oil free soap such as Dove Pure & Gentle or Basis.
Constantly hydrate your skin, with liberal amounts of lotion. Apply lotion within 3 minutes of stepping from the shower.
Consider getting an allergy test.
You can buy over the counter cortisone creams to relieve any itchy inflammed skin due to eczema. You can take Benadryl to help with the itching as well.
Try Aquaphor or Eucerin creams to help keep the affected skin soft. An antihistamine is useful to stop the itchiness associated with eczema. An oatmeal bath is a good option.
Hydrocortisone works really good for excema. There are lots of brands you can buy, but the store brand is less expensive and usually has the exact same ingredients as the name brands.
There are a few over the counter remedies for eczema. You can try hydrocortisone, eucarin, Zensmed's dermacare system, or Safe4Hours first-aid antiseptic protectant.