TrueMed HSA Integration
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TrueMed is a payment integration system that enables customers to use their pre-tax HSA and FSA funds to purchase health-promoting products and services. The platform connects health-focused merchants with consumers looking to use their healthcare spending accounts.
Key Points:
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Core Product:
- Payment integration for HSA/FSA funds
- Enables qualified customers to use pre-tax money
- Will be available in checkout flow for merchants
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Target Merchants:
- Healthy food vendors
- Supplement companies
- Exercise equipment sellers
- Health and wellness product retailers
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Value Proposition:
- Makes it easier to acquire healthy products using pre-tax funds
- Helps address obesity epidemic by making healthy options more accessible
- Connects health-promoting merchants with HSA/FSA spending
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Market Opportunity:
- 60% of Americans are overweight
- Leverages existing pre-tax health spending accounts
- Taps into growing health and wellness market
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Business Model:
- Integration with merchant checkout flows
- Payment processing for HSA/FSA transactions
- Verification of qualified purchases
51:42 - 52:06
Full video: 53:51SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.