Personal Health Investment Today Act (PHIT)
Our industry needs your help!
The Personal Health Investment Today Act (PHIT – H.R.1267 and S.482) will allow Americans to use flexible spending accounts (FSAs) and health savings accounts (HSAs) to pay for health club memberships, fitness equipment, exercise videos, and youth sports leagues.
Currently, the IRS code only allows these accounts to be used for medical expenses like prescription medications and doctor visits. If passed, it will allow individuals to use up to $1,000 per year to cover these expenses and families to use up to $2,000 per year.
PHIT could save you 20% to 30% on your health club membership, youth sport leagues, sporting equipment and more! Write your U.S. Senator today to voice your support for passing the PHIT bill.