HSA
CRN Analysis Shows HSA/FSA Access to Supplements Will Benefit Consumers
The Council for Responsible Nutrition (CRN) released new data confirming that expanding Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs) and other similar accounts, would have a “modest” budget impact while delivering “enormous” health benefits for consumers. Conducted in partnership with John Dunham & Associates, the analysis shows Americans could gain broad access to supplements ...
Trade Associations Send Joint Letter Regarding FSA/HSA Proposals
The American Herbal Products Association (AHPA), the Council for Responsible Nutrition (CRN), the Consumer Healthcare Products Association (CHPA) and the United Natural Products Alliance (UNPA) sent a joint letter to the Internal Revenue Service (IRS) to obtain coverage for dietary supplements under Flexible Spending Accounts (FSAs) and Healthcare Savings Accounts (HSAs). There is also a ...
NPA Urges IRS to Include Supplements as Qualified Medical Expenses
The Natural Products Association (NPA) urged the Internal Revenue Service (IRS) to modernize IRS Publication 502 to expand “qualified medical expenses” to include nutritional and dietary supplements that carry U.S. Food and Drug Administration (FDA)-authorized health claims or structure-function claims. This update would allow consumers to use their Health Savings Accounts (HSAs), Flexible Spending Accounts ...
Trade Associations Applaud Bipartisan Legislation to Expand Access to Dietary Supplements
The Consumer Healthcare Products Association (CHPA), American Herbal Products Association (AHPA), Council for Responsible Nutrition (CRN), Natural Products Association (NPA) and the United Natural Products Alliance (UNPA) have applauded the introduction of the Dietary Supplements Access Act. Introduced on July 20th by U.S. Representatives Darin LaHood (R-Ill.), Brendan Boyle (D-Pa.), John Curtis (R-Utah) and Josh Gottheimer (D-NJ), the bipartisan legislation ...
Survey Confirms a Majority of Americans Want to Use Pre-Tax Dollars to Purchase Nutritional Supplements
The Council for Responsible Nutrition (CRN) and the Consumer Healthcare Products Association (CHPA) announced the findings of a jointly commissioned Ipsos survey, which explored people’s understanding of how their flexible spending accounts (FSAs) and health savings accounts (HSAs) are used and how they should work, specifically regarding the purchase of dietary supplements. Nearly eight out ...
ICYMI: NPA’s Fabricant Appears on CBS “The Doctors”
Daniel Fabricant, PhD., president and CEO of the Natural Products Association (NPA) and the former chief regulator of the dietary supplement industry appeared on the CBS show “The Doctors” on February 7, 2022. Fabricant discussed the unintended consequences of legislation in California that would place age restrictions on nutritional supplements. The legislation recently passed by ...
NPA Calls for House Ways & Means, Senate Finance Track for HSA Expansion
The Dietary Supplement Tax Equity Act, a bill that would expand health savings accounts (HSA), health reimbursement arrangements and flexible spending accounts (FSA) to cover dietary supplements, was introduced on Wednesday, Oct. 27 by Reps. Brendan Boyle (D-PA) and Darin LaHood (R-IL). The legislation is a House companion bill to S.1654. “This common-sense solution will help ...
CRN Applauds Bipartisan Legislation Authorizing Dietary Supplement Purchases Using Pre-Tax Dollars
The Council for Responsible Nutrition (CRN) has applauded bipartisan legislation authorizing dietary supplement purchases using pre-tax dollars. H.R. 5214 recognizes dietary supplements as qualified medical expenses, will allow supplement purchases via Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs), and will provide economic incentives for consumers to practice preventive health care. “We believe in incentivizing ...
Expansion of HSA Considered in Senate Budget Resolution
An amendment included in the Senate’s budget resolution as part of the reconciliation process would expand health savings accounts (HSA), health reimbursement arrangements and flexible spending accounts (FSA) to cover dietary supplements. This effort is part of a broader goal by the Natural Products Association (NPA) to expand access to nutritional supplements for all communities ...
Vilsack Hearing Highlights Food Insecurity and Need to Expand Access to Nutritional Supplements
As the Senate Agriculture Committee considers the nomination of Tom Vilsack to be the next U.S. Agriculture Secretary, the Natural Products Association (NPA) is calling for an expansion of federal food assistance programs. As part of a multi-pronged approach, NPA said it is supporting policies that would cover nutritional supplements in the Supplemental Nutrition Assistance ...
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