Another measure that deserves our support is the PHIT Act (H.R. 956), a bipartisan House bill that would impact Health Savings and Flexible Spending Accounts. Right now, HSAs and FSAs allow individuals to set aside tax-free money for specific healthcare expenses. The PHIT Act would change the rules to cover a broader range of healthy activities: gym memberships, sports registration fees for children, and more. And because overall HSA/FSA contribution limits would not change, the impact to the federal budget would be minimal.