Yes. Folic Acid has been shown to contribute to healthy skin, hair and nails. There have also been links made to potential benefits of folate in some types of cancers (colon and brain) and depression, although these effects have yet to be proven. Folic Acid use for over a year has been shown to reduce the risk of premature delivery. Recently published studies have also shown that Folic Acid may reduce the risk of having a child with autism.