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.