Hapbee Technologies Inc (TSX-V:HAPB, OTCQB:HAPBF) has announced a strategic partnership with TrueMed (True Medicine) that it said will allow US customers to utilize their HSA (Health Savings Account) and FSA (Flexible Spending Account) funds to purchase Hapbee wearable devices.
Under the collaboration with the healthcare payment provider, Hapbee said customers have more options available and can realize significant pre-tax savings ranging from 30% to 40%.
The company explained that HSA and FSA accounts enable individuals to set aside pre-tax dollars for qualified medical expenses. Through the partnership with TrueMed, it said its customers can now leverage these funds to purchase Hapbee devices, resulting in significant savings on overall healthcare costs.
"This partnership represents a major milestone in our commitment to making Hapbee accessible to as many individuals as possible,” commented Hapbee Technologies CEO Yona Shtern.
“By enabling pre-tax savings through HSA and FSA cards, we hope to empower individuals to take control of their well-being and experience the transformative effects of our wearable technology.”
TrueMed founder Calley Means commented: "By enabling individuals to utilize their pre-tax healthcare funds for Hapbee purchases, we are empowering customers to prioritize their well-being while maximizing their savings.
“This collaboration aligns with TrueMed's commitment to providing convenient and accessible payment solutions for healthcare expenses. Together, we aim to enhance the overall wellness experience for individuals and revolutionize the way people approach their self-care journeys.”
Hapbee is a digital wellness technology company that aims to help people take control of how they sleep, perform and feel.
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