Two new pieces of legislation have been introduced before Congress that, if passed, will expand coverage options for individuals with either Health Savings Accounts (HSAs) or Flexible Spending Accounts (FSAs). According to a recent Action Alert issued by the Alliance for Natural Health – USA (ANH-USA), funds held in both HSAs and FSAs would cover dietary supplements under the new bills, a major policy change that has the potential to dramatically cut healthcare costs and further promote health freedom.
Introduced by Senator Orrin Hatch (R-UT), the Family and Retirement Health Investment Act of 2013 provisions that the term “medical care” be expanded in definition to include dietary supplements, allowing up to $1,000 from HSAs and FSAs to be spent on them for medical care each year. Additionally, Representative Erick Paulsen (R-MN) introduced House Resolution (H.R.) 2194 as a companion bill in the House.
Together, the bills would combine to establish…
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