The PHIT Act ( Personal Health Investment Today) passed the House of Representatives vote on July 25, 2018. What this actually means is that people could pay for health club memberships, fitness programs, personal training, youth sports, etc. using their Health Savings Accounts (HSA) and/or their Flexible Savings Accounts (FSA) with no tax penalty.
This is one of those steps that we in the fitness industry have been working for and waiting for. This will help decrease one of the barriers to getting fit and healthy… the cost. Now, of course there are other barriers (perceived or actual), such as lack of time, access to quality information, and appropriate facilities, but this is a huge start.
The battle isn’t over either, though. The PHIT Act still needs to pass the Senate. Contact your Senators and let them know how important this is.
Find out more at PHIT America.