SILVER SPRING, Md. – The sports and fitness industry association (SFIA) has applauded the reintroduction of the proposed personal health investment Today (PHIT) Act in Congress by Senators Chris Murphy (D-CT) and John Thune (R-SD).

If passed The PHIT Act will allow pre-tax flexible spending and health savings accounts to cover the costs of activity-related expenses, such as youth sports fees, health club dues, training costs, and purchase of sports and fitness equipment. In 2020, Camiseta Yokohama F. Marinos nearly 4,000 organizations, businesses, and medical groups sent letters to Congress requesting passage of the PHIT Act.

“The pandemic highlighted a vital issue: inactive individuals were at higher risk of severe COVID outcomes,” said SFIA CEO and president Tom Cove. “We also know that recessions usually drive down sports and physical activity participation rates. Making PHIT law will make a substantial difference to encourage and assist families and individuals to be active at this a lot of vital time. SFIA applauds Senators Murphy and Thune for their leadership in helping Americans Camiseta Eintracht Frankfurt live a lot more active and healthy lives.”

According to a SFIA media release, “The PHIT Camiseta Club America Act would allow a preventative technique to costly chronic conditions like obesity, diabetes, heart disease, depression, and respiratory illness, rather than paying a lot more to treat them over a lifetime.”