Expense Gym Membership on HSA

Benefits of Regular exercise

  1. Significantly reduces risk of chronic disease such as, but not limited to:

Type 2 Diabetes
Heart Disease
Cancer
High LDL cholesterol
Hypertension

  1. Exercise has been shown to improve your mood decrease feelings of depression, anxiety, and stress

  2. Maximize fat loss and muscle mass maintenance

  3. Vital Role in building and maintaining strong muscles and bones

  4. Boost cardiovascular system and improves lung health, which may help with energy levels

  5. Skin Health

  6. Promotes the flow of blood and oxygen to your brain. Stimulating the production of hormones that enhance the growth of brain cells. Reduced Alzheimer’s risk.

  7. Improve sleep quality

If our health system truly cared about our health then they would be incentivizing us to get off the medication and into the gym!

We should be begged to all have gym membership, but at the very least they should be an eligible expense through a Health Savings Account

HSA limit should be increased to $10,000 and health expenses should be tax deductions.

MAKE AMERICA HEALTHY AGAIN

5 Likes

This is a solid idea in spirit. What would be the mechanism to hold people accountable that they would actually use the gym? Could I a gym membership and then simply not use it for the tax benefit? How would gyms respond? Would they increase the cost of membership because it’s now "tax deductible’?