Fort Lauderdale, FL, May 15, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- MediXall.com, a new generation healthcare marketplace platform designed to address the growing need of self-pay and high deductible consumers for greater transparency and price competition in their healthcare costs, is excited to announce that it is now allowing consumers to use their Flexible Spending Account (FSA) and Health Savings Account (HSA) debit cards for qualified purchases. The online healthcare platform makes scheduling an appointment for specific healthcare services as simple and easy as booking a flight or hotel. With the acceptance of FSAs and HSAs, MediXall.com aims to reduce the burden of healthcare spending for customers and improve their overall shopping experience.
FSAs and HSAs allow people with health insurance to set aside portions of their salaries before taxes to pay for medical expenses such as imaging services, prescription medicines, and other healthcare services that would have been paid for out-of-pocket. Consumers will now be able to use these accounts to pay when scheduling appointments for these types of services through MediXall.com.
High Deductible Health Plans (HDHP), which typically offer FSA or HSA programs, make up almost half of all employer-based health coverage and nearly all individual policies. HDHPs are shifting the financial burden of out-of-pocket medical expenses towards individuals, forcing them to take a closer look at their healthcare spending. These plans are driving the healthcare consumerism movement and putting a spotlight on FSA and HSA payment options where consumers can use pre-tax contributions. In response to the increasing adoption of HDHPs with FSA/HSA programs, MediXall.com saw an opportunity to help consumers decrease their healthcare costs.
“MediXall.com is part of a limited number of select online marketplaces currently accepting FSA and HSA debit cards, providing consumers a convenient way to purchase eligible healthcare services while shopping online,” said Michael Swartz, President of MediXall.com. “Customers now have the flexibility to use FSA/HSA cards on a wide range of eligible healthcare purchases, eliminating the need to pay out-of-pocket or submit receipts for reimbursement.”
MediXall.com allows consumers to use their smartphones, tablets or computers to search for healthcare providers and related service providers. Users enjoy a premium shopping experience with full price transparency at highly competitive prices every day.
About MediXall.com: Medixall.com is a new generation healthcare marketplace platform designed to address the growing need of self-pay and high deductible consumers for greater transparency and price competition in their healthcare costs. The MediXall.com platform makes scheduling an appointment for specific healthcare services as simple and easy as booking a flight and hotel. The online experience was designed to mirror e-commerce and online booking sites found in other markets, with it centered on providing consumers with ratings/reviews, transparent pricing, and comparative shopping. With MediXall.com, consumers can search and compare most medical, dental and wellness services based on all-in cash price, location/distance, ratings, & availability, and select the best value according to their personal preferences. In this era of rapidly increasing deductibles and healthcare costs, the cloud-based platform is designed to be transformational and disruptive to traditional methods of medical care and provisioning of medical services to the consumer. For more information, please visit www.medixall.com or call (954) 908-3481.
About MediXall Group, Inc.: MediXall Group is a technology and innovation-driven organization purposefully designed and structured to bring effective change to the U.S. healthcare industry that is actively trading on the OTCQB under the symbol “MDXL.” The Company believes its revolutionary approach will help drive much-needed change that it envisions is needed in the current healthcare system. The mission of the MediXall Group is to revolutionize the medical industry by improving communication; providing better technology and support services; and enabling more efficient, cost-effective healthcare for the consumer. By approaching the healthcare ecosystem as a whole, MediXall creates, invests and incubates companies that embody its mission statement. For more information, please visit www.medixallgroup.com or call (954) 908-3481.
Safe Harbor Statement: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the Company’s current plans and expectations, as well as future results of operations and financial condition. Specifically, the Company’s ability to raise additional capital, execute its business plan and strategy, sustain or increase gross margins, achieve profitability and build shareholder value are forward-looking statements. A more extensive listing of risks and factors that may affect the Company’s business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the Company with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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