Washington, D.C., February 17, 2017—The Council for Responsible Nutrition (CRN), the leading trade association for the dietary supplement and functional food industry, welcomes the introduction of Health Savings Act of 2017, S. 403 in the Senate and H.R. 1175 in the House, which would allow dietary supplements to be considered deductible medical expenses under Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs). The legislation, sponsored by Senator Orrin Hatch (R-UT) and Representative Erik Paulsen (R-MN), has been an ongoing priority for CRN as part of its legislative efforts to increase the affordability of dietary supplements for all Americans.
“Overall, dietary supplements help people live healthier lives, and certain supplements, when used in specific populations, can even help reduce healthcare costs. The more than 170 million Americans taking supplements annually should have the ability to use pre-tax dollars to purchase their supplements, and this legislation would accomplish just that, further encouraging consumers to make cost-effective healthcare decisions,” said Mike Greene, senior vice president, government relations, CRN. “We embrace the introduction of Health Savings Act of 2017 as progress for the dietary supplement industry and its consumers, and we look forward to continued collaboration with the 115th Congress.”
Note to Editor: The Council for Responsible Nutrition (CRN), founded in 1973, is a Washington, D.C.-based trade association representing 150+ dietary supplement and functional food manufacturers, ingredient suppliers, and companies providing services to those manufacturers and suppliers. In addition to complying with a host of federal and state regulations governing dietary supplements and food in the areas of manufacturing, marketing, quality control and safety, our manufacturer and supplier members also agree to adhere to additional voluntary guidelines as well as to CRN’s Code of Ethics. Visit www.crnusa.org. Follow us on Twitter @crn_supplements and @wannabewell and on Facebook.