HealthEquity, Inc. (Nasdaq: HQY), the nation's largest Health Savings Accounts (HSAs) and consumer-directed benefits administrator, today announced two consumer-focused initiatives designed to expand healthcare access and simplify HSA enrollment.
The first initiative is a curated telehealth platform that connects HealthEquity HSA members with affordable GLP-1 weight management medications through licensed healthcare providers. This platform streamlines the process for members seeking access to these increasingly popular treatments.
“We're committed to making healthcare more accessible and affordable for all Americans,” said Jon Kessler, CEO of HealthEquity. “These new platforms represent our continued investment in connecting health and wealth.”
The GLP-1 telehealth platform provides members with access to licensed healthcare providers who can prescribe FDA-approved GLP-1 medications for weight management. Members can use their HSA funds to pay for qualified medical expenses related to these treatments.
The second initiative is a direct HSA enrollment platform that allows individuals to open a HealthEquity HSA without going through an employer. This platform makes it easier for self-employed individuals, gig workers, and others with qualifying high-deductible health plans to take advantage of the triple-tax benefits of an HSA.
Key features of the new platforms include streamlined enrollment, competitive pricing, access to licensed providers, and seamless HSA integration. Members can manage their care and HSA contributions through the HealthEquity member portal and mobile app.
HealthEquity serves over 16 million accounts and partners with employers, health plans, and benefits advisors across the country. The company's mission is to connect health and wealth by helping Americans build health savings.
The GLP-1 telehealth platform is available now to eligible HealthEquity HSA members, with the direct enrollment platform launching in the coming weeks.
About HealthEquity, Inc. — HealthEquity is the nation's largest HSA custodian. The company's platform connects health and wealth by offering a full range of consumer-directed benefits including HSAs, FSAs, HRAs, COBRA, and commuter benefits.
Forward-Looking Statements — This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
For more information about HealthEquity and its products, visit healthequity.com.
Media Contact: HealthEquity Communications, pr@healthequity.com