Get updates delivered to you daily. Free and customizable.
Athletech News
F45 Teams With Dr. B To Offer HSA/FSA Savings for Members
By Courtney Rehfeldt,
2024-03-28
F45 members who work out to prevent or treat a medical condition may be eligible to pay for classes using pre-tax HSA/FSA funds
F45 Training, the Mark Wahlberg-backed functional fitness franchise, has partnered with New York-based telehealth platform Dr. B so its members can access their Health Savings Accounts (HSA) and Flex Savings Accounts (FSA) to pay for classes.
Current F45 members with HSA or FSA accounts who work out to prevent or treat a medical condition can consult with Dr. B to see if they qualify. Members who do will receive a letter of medical necessity, which can be submitted to their HSA or FSA administrator, along with their F45 monthly member receipts, for reimbursement.
“Regular cardiovascular and strength exercise is one of the most important aspects of maintaining a healthy lifestyle,” said Tom Dowd, CEO of F45. “As a leader in functional fitness, F45 aims to make exercise accessible and approachable to all. By partnering with Dr. B, we will be able to deliver our award-winning group fitness to even more members.”
Fitness Brands Embrace HSA/FSA Funding
Cyrus Massoumi, founder and CEO of Dr. B , is an F45 member – and says he’s thrilled over the partnership’s ability to make exercise a more affordable and accessible care option.
“It’s about time we make the process of prioritizing health through fitness less of a hassle,” said Massoumi, who also founded Zocdoc, a telehealth service to find and book medical and dental care appointments. “Our partnership will do just that, helping many people prevent or treat their condition with the support of F45’s stellar team.”
In addition to F45, the telehealth platform recently partnered with SoulCycle and FlexIt last month to launch a new service allowing fitness enthusiasts to use HSA/FSA funds for gym memberships and fitness app fees in as little as three hours.
credit: Dr. B
The New-Look F45
F45’s latest collaboration follows several initiatives the functional fitness franchise has unveiled under the leadership of Dowd, who has been committed to reenergizing the brand and positioning it for long-term success after taking the reins one year ago.
Get updates delivered to you daily. Free and customizable.
Welcome to NewsBreak, an open platform where diverse perspectives converge. Most of our content comes from established publications and journalists, as well as from our extensive network of tens of thousands of creators who contribute to our platform. We empower individuals to share insightful viewpoints through short posts and comments. It’s essential to note our commitment to transparency: our Terms of Use acknowledge that our services may not always be error-free, and our Community Standards emphasize our discretion in enforcing policies. We strive to foster a dynamic environment for free expression and robust discourse through safety guardrails of human and AI moderation. Join us in shaping the news narrative together.
Comments / 0