USING HSA/FSA FUNDS TO PAY FOR FITNESS COACHING WITH TRUEMED PARTNERSHIP
We are excited to announce an exciting new partnership that will revolutionize the way you provide your coaching services and help your clients save big on their fitness journey. CoachRx has teamed up with TrueMed to seamlessly enable your clients to reimburse payments using their HSA/FSA dollars, unlocking amazing benefits for both you and your clients. Essentially, your clients now have the ability to use healthcare dollars to pay for your coaching.Tap into Your Client's Tax-Free Funds
Did you know that roughly 20% of your clients have a funded HSA/FSA account? With TrueMed, they can now utilize these tax-free funds to pay for your services, leading to an average savings of 30%! This not only makes your coaching more affordable for prospective clients but also allows existing clients to save money on future sessions, reducing churn and boosting long-term commitment.How TrueMed Works
Signing up with TrueMed is a breeze and takes just 5 minutes of your time. Once registered, you'll receive a custom link that you can share with your prospective and current clients. The process is seamless: your clients fill out a healthcare survey, and our team of doctors reviews it asynchronously. Clients who qualify will receive a Letter of Medical Necessity, enabling them to reimburse fitness expenses using their HSA/FSA funds. TrueMed handles all customer support, leaving you with the simple task of providing the link to price-sensitive clients.Watch this webinar to learn more about how CoachRx users can leverage TrueMed to boost their acquisition and retention, and their clients’ savings.
Exclusive Offer for CoachRx Users
CoachRx users get exclusive access to TrueMed's fantastic offer of $30 per Letter of Medical Necessity issued! This 50% discount from the usual price allows your clients to reimburse payments for a year, potentially saving them thousands of dollars.How to Get Started
Start your free 14-day trial in CoachRx and head to Integrations in your CoachRx account.Fill out the necessary information to create your TrueMed account. TrueMed will charge $30 (normally $60, 50% savings exclusive to CoachRx users) for each Letter of Medical Necessity issued.You’ll receive your unique link on the website.Provide this link to (1) prospective clients - particularly if they are voicing price concerns and (2) current clients to reduce churn (this is essentially offering them free money on future coaching).
We recommend that coaches offer to pay the $30 fee for clients who wish to leverage TrueMed. Why? Because for clients paying $3600+ in coaching fees per year, this is a tiny percentage of your yearly revenue and is a thoughtful token of your appreciation to work with them. Gestures like these, and the savings your client will receive, go a long way to increasing retention!How to Offer This to Your Clients
As well as explaining to potential clients in your sales conversations, website, and other marketing materials that you accept HSA/FSA funds, you can send an email or message to your existing clients explaining this new opportunity for them to save on coaching.
Use the following email template to share the news with your clients (but be sure to tailor it to your tone and business):
Subject: Exciting News: Use Your HSA/FSA Dollars for Coaching
Dear [CLIENT’S NAME],
We’ve got some exciting news to share! You can now use your HSA/FSA dollars to pay for coaching—a game-changer that benefits both your health and your wallet!
I’ve partnered with TrueMed, a company that enables you to use these tax-free funds to cover your coaching payments, saving you an average of 30% (this varies based on your tax rate).
Getting started is simple:
Reply to let me know you’d like to use your HSA/FSA account.
I will send you a link to complete a brief healthcare survey with TrueMed.
If you qualify, you’ll receive a Letter of Medical Necessity, which enable you to use your HSA/FSA funds to pay for fitness expenses.
As a token of my appreciation, I’d like to cover the $30 fee for this process. For me, this is a small investment considering the value you bring to your health and our coaching relationship. As soon as TrueMed has handled the administrative work, you can start making your HSA/FSA work for your fitness goals!
Thanks, as always, for being a pleasure to work with. I'm thrilled to see the incredible progress you've made and can't wait to continue supporting you in achieving your goals. Again, just reply if you’d like to start using your HSA/FSA dollars to support your fitness journey.
Stay healthy!
[YOUR NAME]
Get Started with CoachRx X TrueMed
At CoachRx we’re always looking for new and innovative ways to help you increase your value as a professional coach, and thanks to this partnership it’s never been easier to empower your clients to take control of their health and finances while supercharging your business with this game-changing partnership.Click the button below to start your free 14-day trial and get started today.