IRS: Pro-Pharma Anti-Health

RFK Jr Podcast

Robert Kennedy Jr

Health & Fitness, Medicine

4.8 • 2.1K Ratings

🗓️ 13 March 2024

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

How the government, particularly the IRS, looks at exercise and diet versus weight loss drugs and other pharmaceuticals is discussed in this episode with Calley Means and Robert F. Kennedy Jr.

Here is part of an official statement from the Internal Revenue Service website:

WASHINGTON — Amid concerns about people being misled, the Internal Revenue Service recently reminded taxpayers and heath spending plan administrators that personal expenses for general health and wellness are not considered medical expenses under the tax law.

This means personal expenses are not deductible or reimbursable under health flexible spending arrangements, health savings accounts, health reimbursement arrangements or medical savings accounts FSAs, HSAs, HRAs, and MSAs.

This reminder is important because some companies are misrepresenting the circumstances under which food and wellness expenses can be paid or reimbursed under FSAs and other health spending plans.

Some companies mistakenly claim that notes from doctors based merely on self-reported health information can convert non-medical food, wellness and exercise expenses into medical expenses, but this documentation actually doesn’t. Such a note would not establish that an otherwise personal expense satisfies the requirement that it be related to a targeted diagnosis-specific activity or treatment; these types of personal expenses do not qualify as medical expenses.

Full statement: https://www.irs.gov/newsroom/irs-alert-beware-of-companies-misrepresenting-nutrition-wellness-and-general-health-expenses-as-medical-care-for-fsas-hsas-hras-and-msas

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Transcript

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0:00.0	Hey everybody I'm really happy today. My guess is Kelly means Kelly is an advocate for changing the incentives of the health care system and he's the founder of TrueMed a company that enables tax for his spending on food and exercise.
0:13.8	He's also a co-author with his sister, Dr. Casey,
0:16.8	means of good energy, the surprising connection
0:19.3	between metabolism and limitless health, which is coming out next year and available for pre-order.
0:26.0	Earlier in his career, he was a consultant for food and pharmaceutical industries,
0:30.0	and is now exposing the corrupt practices that those industries
0:34.6	use to weaponize our regulatory agencies and our press or other institutions of
0:40.4	trust and he's a graduate of Stanford and Harvard Business School. of of you were
0:55.0	on the Tucker Carlson show. I was blown away by some of the stuff that you were saying
0:59.2	and working on and how aligned it is with the things that I've been doing over the past 20 years in
1:08.4	exposing the food industry and the pharmaceutical industry.
1:12.0	And anyway, I'm really proud to have you on the show.
1:14.4	Put soldier in your fight Robert and it's great to be here.
1:17.4	So this week the IRS has considered by the time this podcast airs the IRS presumably will have approved a new policy that that favors treatments with Ozempek over actually eating good food, which is the root of all of these
1:40.7	chronic diseases that we have. So talk to us a little bit about that.
1:45.6	Robert, so many Americans have come to, I think, again, be foot soldiers in your fight
1:50.1	through different routes. Mine was my mother. My mom was on the chronic
1:54.0	disease treadmill. For 40 years it was one pill after the next. High cholesterol. Oh no
1:59.1	problem here's a statin. High blood sugar. No problem here's met foreman. High blood sugar no problem here's met formin high blood pressure ace inhibitor every
2:06.7	single time this is a drug deficiency no problem just take the pill three years ago
2:11.3	she's hiking northern California gets a pain in her stomach,
2:14.1	goes in, gets a scan at stage four pancreatic cancer. She's dead 13 days later.
	...

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