Truemed risk score

TrueMed stands as a pioneering financial solution specifically designed for the healthcare and wellness sectors, redefining how Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA) funds are utilized. Established with a vision to streamline the spending process for health-related expenses, TrueMed has successfully integrated a payment system reminiscent of PayPal, tailored for HSA/FSA transactions. This innovation not only facilitates easy transactions but also amplifies consumer access to wellness products and services.

Located in the heart of technological advancements, TrueMed has collaborated extensively with top-tier health and wellness brands, including names like CrossFit, Magic Mind, and DB Method. These partnerships have proven to be significantly beneficial, yielding a substantial increase in average order value by more than 30% for numerous prominent merchants. Furthermore, client retention sees a remarkable 40% enhancement in the second month following implementation.

TrueMed’s integration process is remarkably user-friendly, offering an official Shopify payments app alongside simple code snippets that enable swift setup in under 30 minutes without necessitating any technical input from the merchant’s side. This ease of integration ensures that wellness brands can quickly begin accepting HSA/FSA funds, thus broadening their market reach and enhancing customer satisfaction.

The company’s ambitious goal is to unlock the potential of approximately $150 billion in HSA/FSA funds, making these resources readily accessible for customers wishing to invest tax-free dollars into their health. TrueMed’s inception and development have been significantly influenced by key legislative and health policy advisors, including direct consultations with the White House point person on HSA/FSA policy and prominent figures in metabolic health like Dr. Mark Hyman.

By bridging the gap between financial services and healthcare consumerism, TrueMed is dedicated to empowering individuals to manage their health spending efficiently and is positioned as a leader in the health care payments landscape.