Introducing the medZERO Spending Account.

With medZERO
employees get the care they need, when they need it.

What We Do

We give your employees on-demand access to funds to pay their out-of-pocket healthcare expenses over time—and unlike a credit card there is ZERO interest and ZERO fees. And for HSA users, those payments are pre-tax, creating savings of up to 30% vs. using after-tax cash.¹ This adds up to happier, healthier, and more productive employees.

Out-of-Pocket Costs Increasing

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)

Overall 40% of those with employer coverage report problems paying medical bills or difficulty affording their premiums, deductibles, cost sharing or an unexpected bill in the past year.

— Kaiser Family Foundation

Why medZERO Matters

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.

0 %

of employees report problems in paying medical bills.

0 %

of employees have deferred care solely due to cost.

0 %

of all personal bankruptcies are driven by healthcare.

We've introduced three new benefits this year to our 4,500 Team Members, and I can honestly say the benefit that received the most positive reaction is medZERO.

We're built around core values of sustainability and impact, medZERO gives us an advantage in recruiting, and allows us to ensure our employees are equipped with the best access to healthcare possible.

medZERO offers an excellent program to employees with strong ROI.

I needed new glasses to pass my drivers license test, without medZERO I would not have been able to afford them.

The hospital wanted me to pay for my surgery up-front. I used medZERO and was able to have my surgery. I don't know what I would have done without medZERO. Thank You!

The medZERO support preson was so helpful walking me through the processs and answering all my questions!

How It Works

medZERO handles 100% of the enrollment process and works with any benefit plan, any provider, and any HSA. Your employees receive instant approval with no credit check or impact.² Easy on you. Easy on your employees. Just three simple steps will get them started:

Download medZERO

Get the App

Access funds 24/7 on your phone. No credit check required.

Get Care

From any doctor, dentist or pharmacy. In- or out-of-network.

Pay Instantly

And repay over time with ZERO fees and ZERO interest.

Everyone Benefits

EMPLOYERS

medZERO enhances your existing benefits programs to help attract and retain top talent, enabling them to be healthier and more productive.

EMPLOYEES

medZERO eases the stress of paying for healthcare with on-demand, zero-interest financing they repay over time.³

PROVIDERS

medZERO pays providers in full, which means savings for providers, employees and employers through lower premiums and claims costs.

Employees pay over time and save money on out-of-pocket health care expenses with medZERO. Unlike a credit card or payday loan there is no interest and no fees. If they have an HSA, they save as much as 30% using pre-tax dollars.¹ No HSA? No problem. There’s no credit check. No interest. No fees. In other words, no hassle.

Insights

Supporting Employees During National Infertility Awareness Week and Beyond

National Infertility Awareness Week (April 21-27, 2025) serves as a powerful reminder of the challenges faced by the 1 in 6 couples struggling with infertility in the United States. This week-long observance, established by RESOLVE: The National Infertility Association, aims to raise awareness, encourage open discussion, and promote understanding of reproductive health issues that affect millions of Americans. This year’s theme, “You Are Not Alone,” emphasizes the importance of community support and accessible resources for those navigating infertility. For benefits decision-makers, National Infertility Awareness Week presents a timely opportunity to evaluate how your benefits package addresses these needs and demonstrates

Sprained Ankle

The Hidden Burden

Understanding the Real Cost of Healthcare (and how medZERO Can Help) We often hear about the “cost of healthcare” in broad terms, but what does that really mean for the average employee? For many, the reality is a constant struggle to manage unexpected out-of-pocket expenses, even with health insurance. Let’s break down a common scenario to illustrate this hidden burden, and then explore how solutions like medZERO can provide much-needed relief. The Sprained Ankle: A Real-Life Example Imagine this: You’re playing a weekend soccer game and twist your ankle. It’s painful, and you suspect a sprain. You head to

News

As Employer Demand for Financial Wellness Benefits Accelerates, medZERO Expands Its Reach Across Industries

07/23/2026

Salt & Straw, Leatherman, Easterseals Louisiana, and Goodwill Industries of Kansas join a growing roster of employers choosing medZERO to securely eliminate financial barriers to care. PORTLAND, OR, — July 23, 2026 — medZERO, a healthcare financial wellness platform focused on making care more accessible and equitable, today announced new employer clients Salt & Straw and Leatherman Tool Company, as well as Easterseals Louisiana and Goodwill Industries of Kansas. The continued adoption of the medZERO spending account across a variety of employers and industries reflects growing employer recognition that healthcare affordability is not a peripheral benefits concern but a direct driver of workforce performance. The Coverage Gap Millions of workers who have insurance still cannot afford to use it. As out-of-pocket costs continue to rise, wages have not kept pace. A growing share of the workforce now faces a coverage paradox: they are enrolled in benefit plans but cannot afford the care those plans are designed to fund. The consequences are significant. Employees who skip care due to cost take 70% more sick days (SHRM/IBI). Financial stress costs employers the equivalent of 30 lost workdays per employee annually at 3-4% of payroll (PwC). Deferred care increases downstream health claims by up to 5% of payroll (Commonwealth Fund). Financially stressed employees are 6 times more likely to be actively job searching (PwC/SHRM). For HR and benefits leaders, this has become a workforce performance problem with a measurable dollar value, one that existing benefit designs were not built to solve. Most plans are structured to manage coverage risk, not to address the financial gap between what insurance pays and what care costs at the point

medZERO Secures New Investment Round to Accelerate Growth of Interest-Free Healthcare Financing for the U.S. Workforce

07/02/2026

New investors Jumpstart Nova & Elevate Capital join existing investors; reflects growing market conviction that affordable care is an imperative, not a luxury Healthcare costs have outpaced wages for decades. The result is a workforce that is insured but not protected; people who have benefits on paper but can’t access them… medZERO exists to fix that.”— Craig FoudePORTLAND, OR, UNITED STATES, July 2, 2026 /EINPresswire.com/ — medZERO, the healthcare financial wellness platform that enables employees and health plan members to access on-demand, interest-free financing for out-of-pocket healthcare expenses, today announced the successful close of a new investment round. The financing includes continued participation from existing investors True Ventures, Grand Ventures, Capital Eleven, and Riverwalk Capital, alongside new investors Jumpstart Nova and Elevate Capital. The capital will support expansion of the company’s team, increased lending capacity, accelerated growth through employer and strategic distribution partnerships, and continued investment in products that make healthcare more affordable and accessible. THE PROBLEM IS BIGGER THAN MOST EMPLOYERS REALIZE Healthcare costs in the United States have grown at roughly three times the rate of wages and five times the rate of general inflation over the past two decades. For the average American family, annual out-of-pocket and premium costs now exceed $10,000, in many cases consuming upward of 15-20% of take-home pay. The consequences ripple far beyond household budgets. Fewer than half of Americans can consistently afford the care they need. (Gallup/West Health, 2026) 40% of people who get insurance through an employer have trouble affording

FAQs

Are there any fees to my employees for using medZERO?

No. ZERO fees.

What’s the interest rate?

ZERO. That’s 0.0%

Is a credit check required to use medZERO?

No. No credit checks.

How quickly can employees access funds?

Your employees can access funds on-demand, 24/7, using their smartphone or through the website.

Is medZERO an HSA (Health Savings Account)?

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.

Is an HSA account required to use medZERO?

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.

What are the benefits of an HSA?

HSA programs offer a triple tax advantage. First, you can contribute as much as $7,000 per year (for married couples) pre-tax, for use toward future medical costs. That results in a 7.65% federal payroll tax savings during each pay period for BOTH the employee and the employer; this translates to a reduced taxable gross income at year end (that's a >20% effective savings, depending on tax rate). Second, you can invest your HSA savings intro interest bearing investments like stocks or mutual funds—and earnings in your HSA are 100% tax free. Finally, when you use your HSA funds toward qualified medical expenses (see question below), those distributions are also 100% tax free.¹

What are “Qualified Medical Expenses” for an HSA?

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

Who We Are

We’re experts in employee wellness, healthcare, fintech, lending and payments from leading companies like WebMD, CarePayment and GE Capital Insurance. We’re applying our expertise from being on the “inside” to enable employees and employers to achieve the full benefit of their health coverage. We created medZERO to give employees a smarter way to pay for and engage with their healthcare.

Craig Froude

Chief Executive Officer

Howard Michalski

Co-Founder, President

Ryan Murphy

VP of Operations

Investors

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.

Let’s Schedule a Call

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Come Work With Us

We’re looking for great people to join our growing team.

Unlocking a smarter way for your employees to pay for care.

833-888-ZERO (9376)

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