New Senate Bill Would Allow Health Savings Account Funds to be Used for Natural Health Products and Services
For years now, ANH-USA has supported the Health Savings Act. The current bill, S. 12, is sponsored by Sen. Marco Rubio (R-FL) and allows Health Savings Account (HSA) funds to go toward dietary supplements without having to get a doctor’s prescription; the same would apply to Flexible Spending Accounts (FSAs). The bill does this by expanding the term “medical care” to include vitamins, minerals, herbs, homeopathic remedies, and other natural health products, and would allow spending up to $1,000 each year. Importantly, the bill also includes health coaches and nutrition services as allowable expenses for HSAs and FSAs. This provision was not included in earlier versions of the bill. If passed, this bill will improve access to wellness and nutrition services for millions of people by allowing them to use pre-tax dollars for these expenses. Now, we must send a strong message of support to our elected officials to get momentum behind this important bill!