• Adult Sports League Fees
• Gym + Health Club Memberships
• Personal Trainers + Online Fitness Program
• Home Fitness Equipment
• Bike Rentals
• Adult Recreation Costs (park access, court rentals etc.)

• Sports & Fitness Equipment
• Sport-Exclusive Footwear
• Tournament & Race Registration Fees
• Fitness Camps
• Fitness Tracking Devices
• & Much More

Financial Relief

What?

• PHIT helps take some of the financial burden off active adults & parents, by allowing you to save money on expenses for the exclusive purpose of participating in physical activity

Cost Barrier

• One-quarter of Americans are completely inactive, and the sedentary rate is twice as high in households with income under $60,000. (PAC Report 2021)
  

• Median Household Income of HSA Account holder $57,060...below median income level of $59,039 in U.S. (Alegeus 2018) 

How?

• PHIT would enable individuals to use up to $1,000 per year - up to $2,000 for families - to cover physical activity-related expenses
• Money will be placed in pre-tax accounts such as HSAs, FSAs & HRAs to help you save
• Consumers(you) will save 25-37%

Prevention & Mental + Physical Health

PHIT allows Americans to use pre-tax health account dollars to prevent disease, not just treat it.

• Inactivity can lead to higher health costs and chronic diseases 

• More than 4 in 10 adults are obese, and more than 1 in 8 has type 2 diabetes. Physical activity is a cost-effective way to prevent and reduce chronic diseases like heart disease, stroke, and type-2 diabetes, which account for approximately 86% of nationwide healthcare costs. - Centers for Disease Control & Prevention (CDC)

COVID Impact on Mental Health

• Participation in a sport compared to non-sport participation was associated with:

  * 10% lower anxious/depressed scores

  * 19% lower withdrawn/depressed scores

  * 17% lower social problems scores

  * 17% lower thought problems scores

  * 12% lower attention problem scores  (https://doi.org/10.1371/journal.pone.0268583)

Substance Abuse & Suicide

• Suicide claimed the lives of over 45,900 people in 2020 (NIH) 
  

• 140,000 Americans died from alcohol abuse each year (CDC) 
  

• 100,306 Americans died from a drug overdose from April 2020 to April 2021 (CDC)

Best treatment is prevention of Mental Health challenges...through self-directed play and structured activities such...as sports

- U.S. Surgeon General

There is a strong rationale that physical activity could be a protective factor against the development of substance use disorders - National Institutes of Health (NIH)

Studies show that those who exercise report 43.2% fewer self-reported mental health burdens per month than non-exercisers; something that is so important during the pandemic 

- National Institutes of Health (NIH)