Business
InnerScope Hearing Technologies Inc. Launches Two eCommerce Direct-to-Consumer Stores Solely Dedicated for the Millions of FSA & HSA Accounts Holders to Purchased Hearing Aids
InnerScope Hearing Technologies Inc. Launches Two eCommerce Direct-to-Consumer Stores Solely Dedicated for the Millions of FSA & HSA Accounts Holders to Purchased Hearing Aids.
About this update from Innerscope Hearing Technologies, Inc.
[{"type":"text","content":"\nROSEVILLE, Calif., Nov. 28, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE --  InnerScope Hearing Technologies Inc. (OTCQB:INND), a manufacturer and direct-to-consumer distributor of hearing aids and related hearing products, announces the launching of www.FSAHearingAid.com and www.HSAHearingAid.com, two eCommerce Direct-to-Consumer hearing aid sales websites. These websites are exclusively designed for the tens of millions of people to be able to purchase hearing aids and related accessories with Pre-Tax Dollars using their Flexible Spending Accounts (\"FSA\") or Health Saving Accounts (\"HSA\"). Most of the tens of millions of people who have these types of accounts are not aware that hearing aids qualify as Pre-Tax Dollar expenditure through most of the FSA and by all HSA.\n InnerScope believes these websites are the only online Direct-to-Consumer websites solely dedicated to accept FSA or HSA online payments for the purchase of InnerScope hearing aids. Additionally, InnerScope through its www.FSAHearingAid.com and www.HSAHearingAid.com websites will bring much needed awareness to the current 48 million people in the U.S (reported to having hearing issues) and with many of these people are FSA and HSA account holders, will now have a direct access with a convenient no-hassle way using Pre-Tax Dollars to purchase hearing aids and related accessories directly shipped to their home. Furthermore, with a simple reimbursement process, Walmart.com customers can purchase, InnerScope's hearing aids using Pre-Tax Dollars through their FSA or HSA. Moreover, Walmart.com customers can go to www.walmart.com/flexible-spending-account to purchase other FSA and HSA qualify medical related products. Both FSA and HSA function like a credit card for purchases for certain out-of-pocket health care costs, which includes hearing aids. 87% of employers with 500 or more workers offer this FSA benefit. FSA allows for medical expenses such as hearing aids, for the individual, their spouse, their children under 27, and other claimed dependents i.e. an elderly parent. According to www.Healthcare.gov, FSA's has an annual time limit and deadline, typically on December 31st of each year to spend the money or lose the money. There can be a grace period, but after the expiration period, the money has to be used or it is lost. However, there are differences b...