Washington, D.C.—U.S. Senators Marco Rubio (R-FL) and Tim Scott (R-SC) have reintroduced the Health Savings Act to simplify and expand Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs), according to a press release from Senator Rubio's office. The goal is to provide Americans with opportunities to save for medical...
Washington, D.C.—The Senate’s budget resolution includes an amendment that would expand health savings accounts (HSA), health reimbursement arrangements, and flexible spending accounts (FSA) to cover dietary supplements. The amendment was introduced by Senators Mike Lee (R-UT) and Tim Scott (R-SC). Senator Lee spoke in support of the amendment during a...
Washington, D.C.—With a growing hunger crisis in the U.S., the Biden Administration announced an executive order aimed at providing relief for American families and businesses struggling during the COVID-19 pandemic. Noting that 29 million Americans— and as many as 12 million children—are now impacted by the hunger crisis, the all-of-government...
Washington, D.C.—The USDA’s Farm Service Agency (FSA) has announced a reduction in the amount of funding organic farms can receive as reimbursement under the Organic Certification Cost Share Program (OCCSP). In previous years, the notice explains, eligible certified organic operations could receive reimbursement of 75% of their eligible costs incurred...
Washington, D.C.—Legislation (S.4463) introduced this week in the U.S. Senate by Senator Kevin Cramer (R-ND) would expand health savings accounts (HSA), health reimbursement arrangements, and flexible spending accounts (FSA) to cover dietary supplements. The Natural Products Association (NPA) issued a press release thanking Senator Cramer and his staff for "wanting...
Washington, D.C.—Several industry associations have sent the IRS a joint letter expressing the importance of expanding Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA) to include dietary supplements as “medical expenses.” The letter applauds the portion of the CARES Act which restored the ability to obtain reimbursement from eligible...
Washington, D.C.—The UK Food Standards Agency (FSA) has announced a deadline for cannabidiol (CBD) authentication, prompting applause from the Council for Responsible Nutrition (CRN). The FSA, according to their statement, is giving the CBD industry a deadline of March 31, 2021, to submit valid novel food authorization applications; after that...
