medZERO helps employees get the care they need, when they need it.
While wages and premium costs have increased only 26%, out-of-pocket costs for employees have increased a whopping 162% over the past 10 years.*
NOTE: Average general annual deductibles are for single-coverage and are among all covered workers. Workers in plans without a general annual deductible for in-network services are assigned a value of zero.
*SOURCE: KFF Employer Health Benefits Survey, 2018-2019; Kaiser/HRET Survey of Employer-Sponsored Health Benefits, 2009-2017. Bureaus of Labor Statistics, Consumer Price Index, U.S. City Average of Annual Inflation (April to April), 2009-2019; Bureau of Labor Statistics, Seasonally Adjusted Data from the Current Employment Statistics survey, 2009-2019 (April to April)
The average family will spend over $3200 in out-of-pocket health costs this year, while many cannot afford to pay a surprise expense of $400 without going into debt. medZERO bridges that gap, allowing employees to fully benefit from their coverage and offering them a smarter way to pay their out-of-pocket costs.
From any doctor, dentist or pharmacy. In- or out-of-network.
And repay over time with ZERO fees and ZERO interest.
Discover how medZERO complements your employer-sponsored savings programs by directly tackling the growing burden of healthcare costs.
The rising prevalence of chronic conditions like diabetes and obesity has placed a significant burden on individuals and healthcare systems worldwide. While innovative treatments like GLP-1 medications have emerged as powerful tools for managing these conditions, their high cost can often limit access for many patients. The Challenge of Accessing GLP-1 Medications GLP-1 medications have revolutionized the treatment of diabetes and obesity, offering numerous benefits such as weight loss, improved blood sugar control, and reduced cardiovascular risk. However, Traditional healthcare financing options, such as health insurance plans, may not fully cover the cost of GLP-1 medications. This can leave employees
FOR IMMEDIATE RELEASE Portland, Oregon – May 16,2024– medZERO, a leading innovator in employee benefit solutions, today announced two new initiatives designed to address critical coverage gaps for employees. medZERO is both expanding their current coverage to include pet medical expenses and introducing Fertility Advantage, a new product aimed at tackling the need for cost-effective family-building benefits.
Portland, OR USA – medZERO, a leading provider focused on increasing benefits accessibility and affordability, is pleased to announce its strategic partnership with Sortis, a nationwide consortium of original, founder-led hospitality and lifestyle companies known for its iconic brands in hospitality, lodging, restaurants, coffee, and health and beauty sectors, including Bamboo Sushi, Cicoria, Sizzle Pie, Fellow Barber, and Rudy’s Barbershop.
No. Our technology and medZERO Spending Allowance programs enhance any HSA. Because your loan payments to medZERO are considered qualified medical reimbursements, when made via your HSA, you're paying with pre-tax money.
And, if you have an HSA balance, and your provider offers investment options, you can leave that money working and use a medZERO loan to cover unplanned medical expenses—further enhancing the value of your HSA through investment gains and added tax savings.
No. medZERO enhances an HSA, but an HSA isn't required. Employers without HSA programs (those using PPO or HMO plans, for example) may elect to make medZERO available to all employees.
Co-pays, cost sharing (%) payments and deductibles for visits to your doctor or emergency room are considered Qualified Medical Expenses. And, you can also pay for other products and services, including eye exams, glasses, corrective eye surgery, dental procedures, prescription drugs and a host of other expenses.1
Village Global is an early-stage venture capital network of the world’s most successful entrepreneurs that includes Jeff Bezos, Mark Zuckerberg, Bill Gates, Reid Hoffman, Diane Greene, Sara Blakely, Abby Johnson, and many others. Village is connected capital. Village is capital, connected.
villageglobal.vc
Founded in 2005, True Ventures is a Silicon Valley-based venture capital firm investing in early-stage technology startups. We have helped more than 300 companies successfully launch and scale. In doing so, we have created more than 25,000 jobs worldwide.
trueventures.com
Help your employees be happier and more productive. It’s simple, saving them—and your company—money.
We’ll have your medZERO benefit up and running in as little as two weeks. And we can roll out any time.
Let’s schedule a call to learn more about your company and current benefits program.
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1medZERO and its affiliates do not offer tax advice. Content is for informational purposes only and should not be relied upon for such advice. Consult with your own tax advisor before engaging in any transaction. 2Subject to employment and income verification. In some cases, additional verificiation may be required. Individual approval results may vary. 3medZERO Loans are issued by Solera National Bank and are provided at 0.0% APR, with no fees or interest charges, refer to your medZERO Loan Agreement for details. medZERO Virtual Cards are issued by Sutton Bank, member FDIC, pursuant to license by Mastercard International Incorporated.
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