qualified medical expenses
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 ...
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 ...
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