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TrueMed provides a payment integration that lets customers use Health Savings Account (HSA) and Flexible Spending Account (FSA) funds to buy health-related products and services at checkout. Merchants in health and wellness—selling items like healthy food, supplements, or exercise gear—can add TrueMed to their checkout flow so customers can pay with pre-tax funds directly at the point of sale. The platform processes HSA/FSA payments given qualified medical expenses, helping merchants reach the $140 billion pool of HSA/FSA funds and expand their customer base. Unlike general payment options, TrueMed focuses specifically on enabling HSA/FSA usage for health-promoting products, which creates a specialized payment option for merchants and customers. The company earns revenue through transaction fees or subscription fees charged to merchants using its service, with the goal of increasing sales for health-focused products by making it easier for customers to use pre-tax funds.
Industries
Enterprise Software
Fintech
Financial Services
Healthcare
Company Size
51-200
Company Stage
Series A
Total Funding
$37.5M
Headquarters
Austin, Texas
Founded
2022
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Total Funding
$37.5M
Above
Industry Average
Funded Over
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Health Insurance
Dental Insurance
Vision Insurance
Health Savings Account/Flexible Spending Account
401(k) Retirement Plan
Unlimited Paid Time Off
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Sequencing is now available on truemed for HSA and FSA payments. By Sequencing Team, The team of bioinformaticians, Genetic Health Coaches, and writers at Sequencing. Aug 20, 2026 Sequencing kits are HSA and FSA eligible, and now you have another way to pay with those funds. Sequencing has partnered with Truemed to offer HSA and FSA payment at checkout. For qualified customers, eligible savings average around 30 percent.* Here's what that means and how to start. What Sequencing gives you. Every Sequencing kit reads your whole genome at 30x depth from one easy at-home cheek swab. Your sample is processed in a CLIA-certified, CAP-accredited U.S. laboratory. It is designed for people of all ages, including infants. Choose your kit based on how many health area reports you want and how fast you want them: * Standard: 10 reports in about 6 to 8 weeks * Expedited: 20 reports in about 4 to 5 weeks * Ultra-Rapid: 30 reports in about 2 to 3 weeks Those reports deliver insights across 15,000+ diseases, conditions, traits, and medication responses. AI powered guidance helps you understand your results and prepare for more informed conversations with your provider. Your genome does not change. So the same DNA data can unlock new reports as science advances. Your data stays in a secure, HIPAA compliant account with lifetime access. What the Truemed option adds. Truemed gives you another way to put pretax dollars toward your kit. You can now apply HSA and FSA funds directly at checkout, alongside your usual payment options. For eligible customers, that can lower your cost by roughly 30 percent. How it works. * Checkout. Add your kit to your cart. Choose Truemed as your payment option. * Purchase. Pay with your HSA or FSA card. If you qualify, the purchase is complete. Frequently asked questions. Is Sequencing HSA or FSA eligible? Yes, all bundles are HSA and FSA eligible. Truemed is now available as a payment option at checkout for qualified customers. How much can I save with HSA or FSA funds? Eligible customers save an average of around 30 percent using pre-tax dollars. What do I get with the kit? Your whole genome sequenced at 30x, and your choice of three kits: Standard (10 reports), Expedited (20 reports), or Ultra-Rapid (30 reports). All include lifetime portal access to your DNA data. *Average savings estimated by Truemed. Truemed is for qualified customers. HSA/FSA tax savings vary. Learn more at truemed.com/disclosures.
FSA-Eligible elliptical models with Truemed at checkout: partnership announced. Aug 2, 2026 SOLE Fitness announced that its ellipticals are now FSA/HSA-eligible through Truemed's at-checkout service, enabling customers to use pre-tax dollars and save 20-40% based on tax brackets. Salt Lake City, United States, August 3, 2026 /PressCable/ - As announced by SOLE Fitness, its elliptical models are now eligible for purchase using Health Savings Account (HSA) and Flexible Spending Account (FSA) funds through Truemed's at-checkout service. Customers can use pre-tax dollars for these purchases, with tax savings typically ranging from 20% to 40% - often translating to reductions of several hundred dollars on equipment purchases. The news addresses a significant issue: recent Employee Benefit Research Institute data shows that Americans forfeit unused FSA funds annually, with estimates showing approximately $120 million forfeited in recent reporting periods. And, since FSA dollars typically expire at year's end, account holders are pressured to either spend their balances or lose them entirely. Through its partnership with Truemed, then, SOLE Fitness offers a solution that allows customers to direct pre-tax funds toward durable fitness equipment before those dollars are forfeited - particularly during the fourth quarter when spending urgency peaks. "Use it, so you don't lose it," says a SOLE Fitness representative. "Unused FSA funds usually don't roll over. Put yours toward a SOLE machine before year-end." Exercise equipment qualifies for HSA and FSA reimbursement when accompanied by a Letter of Medical Necessity, documenting that the purchase serves to diagnose, cure, mitigate, treat, or prevent disease. Truemed now streamlines the LMN approval process for SOLE Fitness customers by conducting a health assessment and coordinating with licensed healthcare providers, usually delivering same-day approval for straightforward cases. SOLE Fitness has confirmed that its E95, E35, and E25 elliptical models are eligible for purchase through the Truemed integration. Customers should, however, be aware of annual contribution limits when planning purchases: individual HSA accounts allow up to $4,400 in contributions. Family HSA accounts permit $8,750, while FSA accounts are capped at $3,400. With the latest announcement, SOLE Fitness continues to prioritize accessibility and cost savings for those seeking fitness solutions that support long-term health management. The Truemed at-checkout service represents an expansion of payment flexibility designed to help individuals maximize the value of their benefits accounts - all while investing in equipment that addresses chronic conditions. Interested parties can find further details about eligible products, the LMN process, and account contribution limits at: https://www.soletreadmills.com/ Contact Info: Name: Inquiries Email: Send Email Organization: SOLE Fitness Address: 56 Exchange Pl., Salt Lake City, UT 84111, United States Website: https://www.soletreadmills.com/ Release ID: 89199658 Should any problems, inaccuracies, or doubts arise from the content contained within this press release, Daily Sports Club kindly request that you inform Daily Sports Club immediately by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Its dedicated team will promptly address your concerns within 8 hours, taking necessary steps to rectify identified issues or assist with the removal process. Providing accurate and dependable information is at the core of its commitment to its readers. Feb 7, 2026
Truemed and Highmark Benefits Administration partner to expand access to root-cause healthcare and enable employers to reach benefits goals. PR Newswire Today at 6:32am PDT AUSTIN, Texas, May 1, 2026 /PRNewswire/ - Truemed, the leading platform enabling qualified health purchases with HSA and FSA dollars, today announced a strategic partnership with Highmark Benefits Administration, a trusted provider of comprehensive, compliance-driven solutions committed to providing A+ benefits administration services to clients nationwide. The partnership aligns two organizations focused on delivering innovative, cost-effective solutions that help clients achieve business goals while empowering employees to use their benefits confidently and proactively. By integrating Truemed's medically-necessary qualification process with Highmark's service-driven administrative infrastructure, employers can offer a broader range of eligible health interventions while maintaining clarity, compliance, and operational efficiency. Through this collaboration, eligible Highmark participants can use pre-tax HSA and FSA funds on evidence-based, root-cause health solutions - including fitness and movement programs, nutrition and supplement options, stress-management tools, and other medically-necessary interventions designed to help employees proactively improve their health. "At Highmark Benefits Administration, we understand that managing employee benefits and plan compliance can be a daunting task, but it doesn't have to be," said Dan Bearden, Founder and Director of Highmark. "Partnering with Truemed expands what's possible with HSA and FSA dollars while maintaining the clarity and compliance confidence our clients rely on. We're excited to help participants access more meaningful health solutions." "Highmark has built a reputation for exceptional service and operational excellence," said Justin Mares, CEO of Truemed. "This partnership builds on that foundation by giving eligible participants access to root-cause health interventions that have been shown to improve health outcomes and chronic condition management. Together, we're helping employers offer benefits that are simple, compliant, and truly impactful." Truemed is for qualified customers. See terms at truemed.com/disclosures. About Truemed Truemed partners with consumer health brands and benefits administrators to enable HSA and FSA payments for root-cause healthcare expenses. Through licensed practitioner review and IRS-aligned documentation, Truemed helps qualified individuals invest in medically necessary products and services using pre-tax dollars. Learn more at truemed.com. About Highmark Benefits Administration Highmark Benefits Administration provides comprehensive, cost-effective benefits administration services designed to simplify complexity and support employer goals. With expertise in enrollment and eligibility management, COBRA administration, FSA/HSA/HRA programs, compliance reporting, carrier billing, and employee communication, Highmark delivers exceptional service backed by modern technology solutions. Learn more at highmarkbenadmin.com. SOURCE Truemed This is a paid placement. For further inquiries, please contact PR Newswire directly.
Fitness is healthcare: how to save 30% on your Amoeba CrossFit membership. Save 30% at Amoeba CrossFit using HSA/FSA funds. Your CrossFit training is now tax-deductible healthcare. Learn how to qualify in 2 minutes! April 3, 2026 At Amoeba CrossFit, Amoeba has always believed that the work you do inside these walls is the most powerful medicine available. Whether it's improving your heart health, building functional strength, or managing stress, your commitment to CrossFit is a proactive investment in your future. Now, the healthcare system is finally catching up. Amoeba is excited to announce that Amoeba has partnered with TrueMed to allow its members to pay for their memberships using pre-tax HSA/FSA funds. Because your fitness regimen helps prevent and treats chronic conditions, it can now be officially classified as a medical expense. What does this mean for you? By using pre-tax dollars, the average member saves 30% on their membership. That's money back in your pocket for doing exactly what you're already doing: showing up and working hard. How it works. Amoeba has made the process as simple as possible. No doctor's office wait times or mountains of paperwork required. * Quick Screening: Click here to take a 2-minute health survey * Medical Review: A licensed provider will review your information to determine if CrossFit is a medically necessary intervention for you (to treat or prevent conditions like hypertension, diabetes, or obesity). * Receive Your LMN: If eligible, you'll receive a Letter of Medical Necessity (LMN) via email. * Start Saving: Use that LMN to submit your monthly dues for reimbursement through your HSA/FSA provider. Your LMN is valid for a full 12 months. Why Amoeba is doing this. Its mission has always been to make its community the healthiest it can be. By removing the financial barriers to elite fitness, Amoeba can help more people stay consistent, stay healthy, and stay out of the hospital. No items found. CrossFit Gym in Clovis
Fitness Premier partners with Truemed to let members use HSA and FSA funds. The new partnership gives members a streamlined way to apply pre-tax health dollars toward gym memberships, training and recovery services. 3:34 PM - 03/31/26 Table of contents. Fitness Premier 24/7 Clubs has partnered with Truemed, a payment platform that enables qualified customers to use health savings account and flexible spending account funds on eligible health purchases, giving members a new way to put their pre-tax dollars toward gym memberships, personal training and recovery services. "For a while, everybody in our industry was talking about how to tap into that resource so that people can use those benefits for items like memberships and personal training," said Rick King, vice president of Fitness Premier. "In the past, there was really never a good avenue or a straight line path for that to happen. I know that I have friends and family who have huge HSA and FSA accounts that they have to go try to spend at the end of the year, and it goes underutilized." The process involves a brief online intake survey that takes roughly 3 minutes to complete. If someone qualifies, they can apply those funds to a gym membership and related services. Coverage varies by plan, but members can apply those funds toward dues and additional services, such as personal or group training. Once the survey is submitted, an independent licensed clinician reviews the information and determines whether a Letter of Medical Necessity can be issued. King said the turnaround is fast and the odds are favorable, with an approval rate above 80%. A new angle for corporate wellness. Beyond individual members, the partnership gives Fitness Premier a stronger foothold in corporate wellness conversations, where budget constraints have historically made it difficult to build new programs with local businesses. "A lot of times employers are saying, 'Hey, we already contribute a lot of money toward corporate wellness, there really isn't any more budget to design a program specifically with you,'" King said. "So it gives us a better angle going into the conversation - we're not asking them to put together a program above and beyond what they're already doing, but just letting them know we can accept the HSA and FSA funds they're already contributing to." Fitness Premier expects the partnership to reshape how prospective members think about gym memberships, encouraging them to see fitness as an ongoing health need rather than a discretionary purchase. "We're definitely seeing more traffic in our gyms, so I know that is going to help with that, but also we have our recovery space too," said Jillyan Morris, franchisee success manager at Fitness Premier. "So not only are people invested in their health and fitness journey, but they're also investing in recovery, too, and the extra money they're already putting aside in their HSA or flexible spending account can help cover that as well." Built to last. King said Truemed provided staff training and marketing materials - including email campaigns and in-club signage - to support the rollout, and he encouraged other gym owners to look into the partnership. "If there's any other fitness owners, independent gym owners out there reading this, it would be a really good phone call or contact to make," he said. "They really did a good job as a company, their follow-up is good, and they're serving us well." By unlocking pre-tax health dollars for fitness, the brand is not only lowering barriers to entry but also reinforcing the idea that consistent exercise is a core part of overall healthcare. For members who have long wondered how to use those HSA and FSA balances, the answer may now be as simple as going to the gym. To find out more information on costs to buy this franchise, please visit: https://ownafitnesspremier.com/.
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Industries
Enterprise Software
Fintech
Financial Services
Healthcare
Company Size
51-200
Company Stage
Series A
Total Funding
$37.5M
Headquarters
Austin, Texas
Founded
2022
Find jobs on Simplify and start your career today