It's not just adults that have been spending more time at home over the past couple of months, with school and sports facilities closed, children have also been confined to their homes a lot more than usual.
#PassPHIT
Personal Health Investment Today Act
What is the PHIT Act?
A Way to Reduce Your Physical Activity Expenses!
H.R. 1679 & S.680
The Personal Health Investment Today (PHIT) Act will allow consumers to pay for physical activity expenses (from youth sports fess to gym memberships to sports equipment) using funds in pre-tax medical accounts (Health Savings Accounts and Flexible Savings Accounts).
Good health requires a commitment of time and money. Prevention and wellness are key to the future of our healthcare system but cost is a barrier to active lifestyles that did not exist in previous generations. The PHIT Act will lower consumers' cost and increase physical activity in America.
At a time when the parties do not agree on healthcare or taxes, the PHIT Act is an outlier with strong support from both republicans & democrats for this Active Lifestyle incentive.
Summary: The PHIT Act allows individuals & families to use funds in pre-tax medical accounts to lower cost of sports, fitness and other qualified physical activities & equipment
The PHIT Act Covers
- Youth & Adult Sports League Fees
- School Pay-to-Play Sports Fees
- Gym & Health Club Membership Dues
- Exercise & Yoga Classes
- Personal Trainers
- Bike Rentals
- Sports & Fitness Equipment
- Sport-Exclusive Footwear
- Tournament & Race Registration Fees
- Youth Camps
- Fitness Tracking Devices
- & Much More!
Consumers will see a 20-37% discount on sports related expenses
The PHIT Act would make any expense exclusively intended for the sole purpose of being physically active eligible for FSA/HSA reimbursement
Play Sports Coalition - Make Your Voice Heard
Listen to our friend Diane Hart, the President and Executive Director of the National Association for Health and Fitness, discuss the benefits of PHIT
PHIT News
New York kids have packed on an average of almost 10 pounds during the coronavirus lockdown, according to a new study.
On Wednesday, February 12, lead PHIT cosponsor, Senator John Thune, made a point to ask Treasury Secretary Mnuchin to commit to legislation focusing on means of preventive care, namely physical activity, to curb overwhelming rates of chronic illness and other preventable diseases. This proposal came up in a Senate Finance Hearing to discuss the...
Attend SFIA's National Health Through Fitness Day & Help Us #PassPHIT
