Guest guest Posted July 6, 2011 Report Share Posted July 6, 2011 July 5, 2011 Dear Citizen for Health, A bill was introduced at the end of May that would expand the IRS code to include herbs, vitamins, minerals, homeopathic remedies, meal replacement products, and other dietary and nutritional supplements as “eligible medical expenses†- a move that is long overdue. On May 26th Sen. Orrin Hatch (R-UT) and Rep. sen (R-MN) introduced the Retirement Health Investment Act of 2011, (S.1098/H.R. 2010). The House version has already garnered 32 cosponsors and both bills are being reviewed in committee. _Urge your Senators and Representative to cosponsor this bill now!_ (http://salsa.democracyinaction.org/dia/track.jsp?v=2 & c=lfMEKbxpyODuMEPle18G/X9C\ 8zX ZLmvo) If you follow health care policy in the news then you already know that there are two health savings programs that help pay for complementary and alternative medical (CAM) treatments normally not covered by regular insurance. These are Flexible Spending Arrangements (FSAs) and Health Savings Accounts (HSAs). Currently CAM treatments are not considered eligible to be covered by HSAs. Citizens for Health (CFH) supports the bill as a critical step in the direction of parity for CAM treatments. However, we agree with the Alliance for Natural Health in its call for the bill's language to be amended. It must address that part of the healthcare reform act that threatens the very existence of HSAs. HSAs are savings accounts exempt from federal income tax at the time of deposit. Each year any unspent funds accumulate and " roll over " to the following year. To make use of HSAs one must be covered under a high-deductible insurance plan - but starting in 2014 the healthcare reform act will allow high-deductible or catastrophic healthcare insurance plans for people only under the age of 30. This means that beginning in 2014, people over the age of 30 will not be able to purchase an HSA because they will not be eligible for catastrophic plans—making the critical addition of CAM treatments to eligible expenses irrelevant to them. _Read more, and contact your Senators and Representative now!_ (http://salsa.democracyinaction.org/dia/track.jsp?v=2 & c=V+nntLrBo2Oi/30aD/FlG39C\ 8zXZLmvo ) Thank you for your participation, The Citizens for Health Team You are receiving emails from Citizens for Health because you subscribed to updates or because you took action in response to an item on our website or in an alert forwarded by a friend. If you wish to receive no further emails from Citizens for Health, _click here_ (http://salsa.democracyinaction.org/dia/track.jsp?v=2 & c=ZNrQxOdiKKML8ckbyT08MfgN\ 6XCT9/Cm) and enter any email address you wish to have removed. You will then receive an email to confirm your removal from our list. (http://www.salsalabs.com/?email) Quote Link to comment Share on other sites More sharing options...
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