Business
BODi and Truemed Partnership to Provide Pre-Tax Reimbursement for BODi Health and Fitness Supplements
Enables Qualifying Customers to Use HSA (Health Savings Account) or FSA (Flex Savings Account) Funds to Purchase BODi Nutritional Supplements and Fitness
About this update from The Beachbody Company, Inc.
[{"type":"text","content":"\nEnables Qualifying Customers to Use HSA (Health Savings Account) or FSA (Flex Savings Account) Funds to Purchase BODi Nutritional Supplements and Fitness Offerings\n\n EL SEGUNDO, Calif.--(BUSINESS WIRE)--\nThe Beachbody Company, Inc. (NYSE: BODI) (“BODi”), a leading fitness and nutrition company, announced today a strategic partnership with Truemed, a leading healthcare payment provider that helps qualified customers spend their HSA/FSA funds on supplements, exercise and other lifestyle interventions that can help treat or prevent chronic disease. The partnership enables qualifying BODi customers to use their pre-tax HSA or FSA money to pay for supplement purchases from BODi’s best-in-class product portfolio, including its Shakeology superfood nutrition shakes. By using pre-tax income for purchases, BODi customers can access their supplements at a significant discount.\n\nTo access the partnership, current and new BODi customers can take an online medical assessment with Truemed to determine if they qualify for a Letter of Medical Necessity (LMN). If approved, the LMN is valid on all supplement purchases for a year and allows customers to save up to 40% on BODi supplements, including both one-time and monthly subscription purchases.\n\nAll BODi supplements are approved for reimbursement through Truemed, including Shakeology, BODi’s clinically studied blockbuster superfood nutrition shake that has helped millions of people feel great, lose weight and improve their energy and digestion. Also included are bestsellers such as Energize, BODi’s pre-workout supplement recently touted by CNET as 2024’s best pre-workout supplement for performance. Energize is part of the Beachbody Performance line that also includes Hydrate - a hydration powder that provides all four essential electrolytes: calcium, magnesium, potassium, and sodium, to help fuel any workout, and Recover, a post-workout formula that provides 20 grams of high quality protein and BCAAs to support lean muscle synthesis along with pomegranate extract to help reduce exercise-induced muscle soreness.\n\n“Since our inception more than 25 years ago, BODi’s mission has always been to help people feel their best through our industry-leading fitness and nutrition solutions,” said Carl Daikeler, BODi’s Co-Founder and Chief Executive Officer. “We believe that health and wellness sh...