Consumers can now use pre-tax funds with Shed supplements and nutritional products on Truemed’s platform
Shed and Truemed, a platform that allows consumers to direct pre-tax health savings accounts (HSAs) and flexible spending accounts (FSAs) for health-related purchases such as Shed supplements and nutritional products. The latest health and wellness brands we partner with.
Consumers can use their HSA/FSA cards at Truemed checkout or submit for a refund using their personal credit card. The platform also provides letters of medical needs.
“At Shed, we believe that health and wellness should be accessible to everyone, and our partnership with Truemed brings that vision to life,” said Shed CEO Morley Baker. “Now, customers can use HSA/FSA funds to purchase supplements and nutritional products, making health a more likely to prioritize their health while saving money. This is a game for those who want to enhance their wellness journey. It’s a changer.”
Shed recently fired clear protein hydration, a refreshing alternative to thick protein shakes.
In an interview with Athletech News last month, Justin Mares, co-founder and CEO of Trueemed, shared that many consumers are still in the dark about ease of using HSA/FSA funds.
“Part of this is because the process was much more difficult for these specific types of purchases before platforms like Truemed,” Mares says. “Consumers ask to schedule a physician appointment, provide detailed explanations of their health history and goals, fill out their medical needs (LMN), pay the fee, and then wait several weeks for an approved bill. We need to. Our goal is to integrate all of this directly into our payment flow, making it as easy as clicking “Pay with HSA/FSA” at checkout. It may not have been previously recognized as preventive medicine by medical institutions. ”
Mares said while still working at Truemed, the platform allowed nearly 200,000 Americans to purchase “root cause items” on HSA/FSA funds.
“We are confident that this movement continues to increase.
Platform It has falsified partnerships with several other brands, including Peloton, CorePower Yoga, Crunch Fitness, CrossFit, Mostous and Plunge.