Health savings account

BODi and Telehealth Provider Dr. B Partner to Enable Pre-Tax Reimbursement for BODi Fitness Solutions in all 50 States

Retrieved on: 
Wednesday, May 1, 2024

The Beachbody Company, Inc. (NYSE: BODI) (“BODi”), a leading health and fitness company, announced today a strategic partnership with Dr. B , a leading telehealth provider that offers $15 online consultations for common conditions in all 50 states.

Key Points: 
  • The Beachbody Company, Inc. (NYSE: BODI) (“BODi”), a leading health and fitness company, announced today a strategic partnership with Dr. B , a leading telehealth provider that offers $15 online consultations for common conditions in all 50 states.
  • View the full release here: https://www.businesswire.com/news/home/20240501349885/en/
    BODi and Telehealth Provider Dr. B Partner to Enable Pre-Tax Reimbursement for BODi Fitness Solutions in all 50 States (Graphic: Business Wire)
    According to the CDC, in the US, the percentage of adults using telemedicine services in 2021 was 37%, with slightly more females (42%) using telemedicine than males (31.7%).
  • Qualifying members may receive reimbursement covering up to the entire cost of their BODi fitness solutions.
  • Dr. B’s $15 online consultations are available to those 18 and older in all 50 U.S. states and Washington, D.C.

401GO Raises $12M Series A to Fuel Next Phase of Growth

Retrieved on: 
Tuesday, April 23, 2024

401GO, the next-generation retirement plan provider for employers, advisors and individuals, today announced the successful completion of its $12 million Series A funding round, led by Next Frontier Capital.

Key Points: 
  • 401GO, the next-generation retirement plan provider for employers, advisors and individuals, today announced the successful completion of its $12 million Series A funding round, led by Next Frontier Capital.
  • Additional investors include Rally Ventures, who joined existing investors Impression Ventures, and Stout Street Capital that participated in the new investment.
  • The latest capital infusion will fuel the next stage of the company's growth and advance its mission to enhance retirement savings through its innovative blend of advanced technological solutions with a high-touch, advisor-based model.
  • Founded in 2019, 401GO has seen steady growth since its inception, averaging 250% year-over-year revenue growth over the last three years.

CPAP Liquidators Introduces Enhanced Travel CPAP Solutions for Sleep Apnea Patients Nationwide

Retrieved on: 
Thursday, April 11, 2024

WALNUT GROVE, Minn., April 11, 2024 /PRNewswire/ -- CPAP Liquidators, a leading supplier of CPAP equipment, is thrilled to unveil an expanded lineup of travel CPAP machines, catering to the needs of sleep apnea patients seeking convenient and reliable therapy options on the go.

Key Points: 
  • WALNUT GROVE, Minn., April 11, 2024 /PRNewswire/ -- CPAP Liquidators, a leading supplier of CPAP equipment, is thrilled to unveil an expanded lineup of travel CPAP machines, catering to the needs of sleep apnea patients seeking convenient and reliable therapy options on the go.
  • An essential aspect of CPAP Liquidators' travel CPAP solutions is their compatibility with Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA), enabling customers to utilize pre-tax funds for their sleep therapy equipment purchases.
  • This feature underscores CPAP Liquidators' commitment to affordability and accessibility, ensuring that individuals can access essential CPAP solutions without financial barriers.
  • Furthermore, CPAP Liquidators is committed to providing excellent customer service and support to all individuals who rely on CPAP therapy for their sleep apnea treatment.

Lively HSA Account Holders Boast 2x Investing and 17% Higher Account Balances Than Industry Average

Retrieved on: 
Thursday, April 4, 2024

Lively, Inc., a top-rated health and lifestyle benefits platform* known for creating the modern Health Savings Account (HSA), today announces the release of its sixth annual HSA Snapshot report, which tracks HSA account holders’ saving, spending, and investing.

Key Points: 
  • Lively, Inc., a top-rated health and lifestyle benefits platform* known for creating the modern Health Savings Account (HSA), today announces the release of its sixth annual HSA Snapshot report, which tracks HSA account holders’ saving, spending, and investing.
  • Lively’s annual account balance of funded accounts is $4,885, which is 17% higher than the industry average of $4,177.
  • Investments drive HSA balance growth and Lively account holders invest nearly 2x the industry average.
  • Despite increased withdrawal activity, Lively account holders retain more of their HSA assets than the industry average at 25% compared to 23% industry wide.

F45 Training Partners With Telehealth Leader Dr. B to Help More Members Reach Fitness Goals While Saving Money

Retrieved on: 
Tuesday, March 26, 2024

F45 members can visit HiDrB.com/and/f45 to get started.

Key Points: 
  • F45 members can visit HiDrB.com/and/f45 to get started.
  • View the full release here: https://www.businesswire.com/news/home/20240326593515/en/
    F45 and Dr. B partner up to help qualifying studio members potentially unlock pre-tax dollars in their HSA and FSA accounts to pay for F45 memberships.
  • “As a leader in functional fitness, F45 aims to make exercise accessible and approachable to all.
  • To start saving on your F45 Training membership costs, please visit HiDrB.com/and/f45 .

Perrigo Commences Shipments of Opill® to Retailers Nationwide, Empowering Millions to Enter a New Era of Reproductive Health Access in the United States

Retrieved on: 
Monday, March 4, 2024

Additionally, Opill® will be available for purchase at Opill.com at a price of $49.99 for a three-month supply and $89.99 for a six-month supply.

Key Points: 
  • Additionally, Opill® will be available for purchase at Opill.com at a price of $49.99 for a three-month supply and $89.99 for a six-month supply.
  • "The availability of an oral contraceptive without a prescription is a truly groundbreaking milestone in reproductive health," said Melissa J. Kottke, MD, MPH, MBA, obstetrician-gynecologist in Atlanta, GA*.
  • Creating additional opportunities for contraceptive access is critical in helping people reach their reproductive goals."
  • * Melissa J. Kottke, MD, MPH, MBA served as a paid consultant during the FDA approval process for Perrigo in 2023.

How the Illinois Transportation Benefits Program Act Affects Employers and Employees

Retrieved on: 
Wednesday, November 22, 2023

In July of 2023, the Illinois General Assembly passed the Transportation Benefits Program Act , mandating that employers who meet certain criteria must offer tax-advantaged benefits to employees commuting via public transit.

Key Points: 
  • In July of 2023, the Illinois General Assembly passed the Transportation Benefits Program Act , mandating that employers who meet certain criteria must offer tax-advantaged benefits to employees commuting via public transit.
  • Employers with at least 50 covered employees need to act quickly.
  • First American Bank’s Health Account Services team is dedicated to helping employers craft benefits offerings that support employee retention and seamless management.
  • The Transportation Benefits Program Act goes into effect January 1, 2024.

Healthcare Open Enrollment Trends Point to Integration of AI Tools and Increased Digital Engagement

Retrieved on: 
Wednesday, December 6, 2023

(NYSE: ALIT ), a leading cloud-based human capital and technology services provider, today released an analysis from its recently concluded annual healthcare fall open enrollment period highlighting key trends across participants it serves including an uptick in digital engagement for participant enrollment, increased (Health Savings Account) contributions, the addition of voluntary benefits, and the integration of Artificial Intelligence (AI) tools to help participants enroll.

Key Points: 
  • (NYSE: ALIT ), a leading cloud-based human capital and technology services provider, today released an analysis from its recently concluded annual healthcare fall open enrollment period highlighting key trends across participants it serves including an uptick in digital engagement for participant enrollment, increased (Health Savings Account) contributions, the addition of voluntary benefits, and the integration of Artificial Intelligence (AI) tools to help participants enroll.
  • During the 2023 open enrollment period, Alight successfully enrolled over 9 million users through its Alight Worklife ® platform.
  • “The results from our open enrollment season demonstrate an increased appetite from both employers and employees to streamline and optimize the enrollment experience with the help of AI and other digital tools,” said Karen Frost, vice president of health strategy at Alight.
  • For further information and to stay updated on the full open enrollment results, please visit alight.com .

ŌURA Reaches Milestone of 600+ Partnerships and Integrations as It Builds a Large-Scale Ecosystem

Retrieved on: 
Thursday, November 30, 2023

We’ve been steadily building a strong partnership ecosystem and adding world-class features into the ŌURA experience,” said Tom Hale, CEO.

Key Points: 
  • We’ve been steadily building a strong partnership ecosystem and adding world-class features into the ŌURA experience,” said Tom Hale, CEO.
  • “ŌURA is becoming an iconic, global brand that is changing the way we think about long-term health and healthspan.
  • ŌURA is doubling down in specific focus areas with partners across several sectors including women’s health, metabolic health, behavioral health, and fitness and lifestyle.
  • These integrations represent a significant portion of new ŌURA members; additionally, ŌURA members who use Natural Cycles are the highest retaining of all ŌURA cohorts.

Sleep Number® Smart Beds May be an Eligible HSA/FSA Purchase, Helping More Sleepers Achieve Quality Sleep

Retrieved on: 
Thursday, November 16, 2023

The following science-backed innovations may be eligible:

Key Points: 
  • The following science-backed innovations may be eligible:
    Next gen Sleep Number smart beds: Sleep Number’s latest smart beds allow each sleeper to choose their ideal level of firmness, their Sleep Number® setting.
  • ** Plus, 94% of Sleep Number smart bed sleepers report better sleep quality vs a non-smart bed.
  • ***
    Sleep Number Climate360 smart bed: According to a Sleep Number survey, regulating temperature during sleep is an issue for most people, with 80% of couples reporting one or both partners sleep too hot or cold.
  • While it works optimally with Sleep Number smart beds, DualTemp layer may also be used with non-Sleep Number beds.