That’s right. Zwift and Truemed can help you use your pre-tax HSA/FSA Savings for at-home fitness. Using their Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA), eligible customers can now purchase Zwift Ride Smartbikes and hardware via Zwift.com. When paying from tax-deferred accounts, consumers will save, on average, 30% off the current retail hardware prices.
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Employers often offer individual healthcare plans where tax-deferred HSAs and FSAs are key components of the plan. These HSAs and FSAs allow for coverage of health-related expenses at discount rates. They also play a big part in preventative care that can help treat or prevent chronic conditions, like obesity and diabetes.
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Empowering Consumers
Truemed helps consumers prioritize their health by streamlining processes to invest in and save on health products and services. Mix that with Zwift’s unique community-driven fitness platform, and this could be something great.
“HSA/FSA funds substantially expand access to root cause interventions. The biggest barrier to using our HSA and FSA savings is not consumers’ commitment to leading healthier lives; it’s clarifying the HSA/FSA process and making it more intuitive,” says Calley Means, co-founder of Truemed.
With Truemed’s integration with Zwift’s online store, qualified purchases are as easy as any other online shopping experience. Everything needed to qualify for a purchase with HSA/FSA funds can be done via the usual checkout process. It all happens in three easy steps:
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- At checkout, consumers select the payment method “Pay with HSA/FSA funds”, which redirects to the Truemed website.
- Then, take the brief health survey. Once done, enter an HSA/FSA card or credit/debit card to finalize the checkout.
- Submitted responses get reviewed by a licensed medical provider. If eligible, a Letter of Medical Necessity (LMN) will be issued. (If a credit or debit card is used for payment, reimbursement from HSA/FSA can be requested).
Qualified customers can start saving now on indoor cycling equipment by hitting the link below.