FSA/HSA Eligibility

HUGE NEWS! FAMMá is now accepting HSA/FSA which means substantial savings of 30-40% on your purchase! This marks a monumental leap in our F.A.M. Food As Medicine movement, as we stand among the rare few food service companies offering these savings. This significant development underscores our unwavering commitment to providing not only accessible and nutritious food but also showcasing the superior quality that sets our products apart.

Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) were specifically designed to enable you to use tax-advantaged funds for products and services that contribute to the treatment and prevention of medical conditions. At FAMMá, we are delighted to simplify this process for you with our partnership with True Med, which makes the process seamless:

  1. Add your desired products to your cart.
  2. Proceed to checkout and select TrueMed as your preferred payment option.
  3. Complete a brief health survey to determine your eligibility.
  4. Enter your HSA or FSA debit card information.
  5. Upon approval, you'll receive an order confirmation and enjoy the benefits of saving 30-40% on your order!

We are thrilled to introduce this opportunity to you and contribute to your overall health and financial well-being. 

 

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The majority of U.S. adults should be on an urgent food intervention plan to reverse and prevent chronic conditions like diabetes and heart disease. This is not medically controversial. 50% of adults are diabetic or pre-diabetic, 25% of young adults are pre-diabetic and 93% of Americans have biomarkers of poor metabolic health, which is the underlying cause of many chronic diseases and heavily tied to food.

According to IRS guidelines, it is compliant for most Americans to use this medical guidance to purchase food tax free. This Executive Summary explains why and outlines True Medicine’s implementation. 

Diagnosing the problem

Scientific research shows food interventions are one of the most effective ways to prevent (and often reverse) heart disease (#1 cause of death), cancer (#2 cause of death), COVID death (#3 cause of death), stroke (#5 cause of death), chronic obstructive pulmonary disease (#6 cause of death), Alzheimer’s disease (#7 cause of death), diabetes (#8 cause of death), influenza & pneumonia (#9 cause of death), kidney disease (#10 cause of death), and depression (suicide is #11 cause of death).

In total, over 75% of U.S. deaths and 90% of medical costs are due to chronic conditions that can nearly entirely be reversed by food and lifestyle interventions. The CDC has said that eliminating poor diet, inactivity, and smoking would eliminate 80% of heart disease and diabetes cases. The Cleveland Clinics says this number is 90% and other leading doctors say it should be closer to 100%. 

But, as the CDC notes: 91% of Americans don’t eat the recommended amount of vegetables. And leading doctors note the optimal amount of vegetables should be four times higher than the CDC’s recommendation. 

Where does tax free spending come in? 

The IRS, in Rule 55-261, has been clear that foods qualifies as tax-deductible medical expense if it is: 

  1. Recommended by a medical provider for the prevention or treatment of a specific disease, and

  2. The food doesn’t replace what the patient normally eats. 

It is important to note that this IRS rule, still in effect today, was written in 1955. Since this time, food-based chronic diseases have grown exponentially and are crippling the health and budget of the United States. Given current medical research, it is fully in the spirit of Rule 55-261 for a provider to create a food intervention plan to prevent or reverse specific chronic diseases of a patient (criteria #1). 

If the patient confirms that these foods are additive to their normal diet, they satisfy criteria #2 and qualify for tax free treatment.  

How TrueMed ensures compliance 

TrueMed ensures compliance by: 
  • Enabling a third-party medical provider to evaluate whether specific food-as-medicine interventions are effective in preventing or reversing a disease. 
  • Facilitating patient certification (in the survey) that this food is supplemental (not a full replacement) for their diet.