Insure Dietary Supplements are Better Than Insurers Claim

Insurers are offering to cover the cost of dietary supplements with no out-of-pocket costs, and some consumers are taking advantage of the trend.A new survey by the National Association of Consumer Advocates found that consumers are buying supplements without knowing what they are.The association found that more than half of the respondents had heard about…

Published by admin inOctober 29, 2021
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Insurers are offering to cover the cost of dietary supplements with no out-of-pocket costs, and some consumers are taking advantage of the trend.

A new survey by the National Association of Consumer Advocates found that consumers are buying supplements without knowing what they are.

The association found that more than half of the respondents had heard about the possibility of a supplement rebate program, and nearly a quarter had purchased a supplement for themselves.

“Consumers are taking the risk and the risk is worth it,” said Amy J. Smith, a senior vice president for consumer advocacy and public affairs at the National Consumer Law Center.

Consumers are buying these supplements without even knowing it, she said.

Some consumers have been buying supplements since the start of the recession, but many consumers have had no experience with the supplements industry before.

Some have been hesitant to ask about the products, Smith said.

The survey also found that fewer than 10 percent of respondents said they are considering getting a product from a company that does not carry a health benefits label.

While consumers may be hesitant to make a purchase because of the potential of rebates, Smith added that consumers should know the product is better than an out-off-the-shelf product.

She added that many consumers will buy a product, especially if it is a cheaper alternative to a supplement.

“People are making decisions about how they are going to use it based on what they think is best for their health and how they feel it is going to make them feel better,” she said, adding that consumers need to be educated about what the supplements are and what the risks are before buying.

While the new survey found that many people are unaware of the benefits of supplement rebates or that they have not purchased a product in the past, the survey also showed that consumers believe that supplement manufacturers are selling products that are superior to what they have on the market.

About half of respondents who were asked if they were buying a product or were considering purchasing a product said that the supplement manufacturer was selling a product that was better than what they had on the shelf.

Another 22 percent of the survey respondents said that they had not purchased supplements in the last three years.

The NACLA surveyed 1,009 consumers through telephone interviews conducted on Sept. 19 through Sept. 23, 2017, with a margin of error of plus or minus 3.4 percentage points.

The Associated Press contributed to this report.

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