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Many supplements, exercise classes & equipment, gym memberships, and other health services can be qualified medical expenses when used for the cure, mitigation, treatment or prevention of a disease or specific ailment and substantiated by a Letter of Medical Necessity (LMN).
Independent licensed providers review each customer’s needs and background to determine whether to issue an LMN, allowing them to spend or reimburse from their pre-tax HSAs or FSAs.
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Once you’re signed up you’ll receive a link for your customers to use
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“If exercise was a pill, it would be the biggest blockbuster medication of all time.”
Dr. Mark Hyman,
advisor
Our mission
Our mission is to help more people afford true medicine: products and services that keep you healthy, not just treatments after you're sick.
True medicine includes things like healthy eating, supplements, exercise, saunas, acupuncture, and more. True medicine is what makes and keeps people healthy, and your customers should be able to use tax-free funds to pay for it.
For health and wellness brands and service providers, Truemed allows you to easily tap into $150 Billion in consumer HSA/FSA funds to increase conversion rate and customer LTVs.
When one of your clients receives the survey link from you, they’ll take a short health survey. An independent licensed provider will review their information remotely and email your client a Letter of Medical Necessity (document affirming eligibility) if appropriate. This permits HSA/FSA eligible customers to use their funds.
The survey link and emails from us will inform your clients of this process. If they have further questions, email team@truemed.com, or review the FAQs on truemed.com
Email us at team@truemed.com
When we say customers can save 30% - 40%, that is the amount they save by reimbursing themselves with tax-free HSA/FSA funds. Their savings is equal to their income tax rate.
The customer does not need to change how they pay you. Truemed enables them to reimburse their payments to you with HSA/FSA funds - and they simply need to do that once per calendar year. There are instructions for how customers can do that here.
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