Prevelo Kids' Bikes Now Eligible for HSA/FSA Purchases Through TrueMed
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Prevelo Kids' Bikes Now Eligible for HSA/FSA Purchases Through TrueMed
""My family's been riding together every night before our kids go to bed, and it's reliably the best time of the day," said Jim Huth, Prevelo's Director of Operations. "Our family rides get everyone focused on a shared activity, get us all outside, and help me and my wife get away from the distractions of daily life. I hope having our bikes available through TrueMed makes it easier for more families to enjoy rides together.""
"TrueMed is a platform that helps customers spend their HSA/FSA funds on qualified health and wellness products - and now, that includes bikes. The process is straightforward: Shop on Prevelo.com. Check out using TrueMed. Complete a short health questionnaire reviewed by a licensed provider. If approved, you'll receive a Letter of Medical Necessity (LMN), which allows you to make or have reimbursed your purchase with pre-tax HSA/FSA funds."
Prevelo partnered with TrueMed to make its entire bike lineup eligible for HSA and FSA purchases, enabling qualified families to buy bikes tax-free and save up to 30% depending on tax rate. TrueMed verifies eligibility through a short online process: shopping on Prevelo.com, checking out with TrueMed, completing a brief health questionnaire reviewed by a licensed provider, and receiving a Letter of Medical Necessity (LMN) if approved. The LMN permits payment or reimbursement using pre-tax HSA/FSA funds. Every model in Prevelo’s lineup, including Alpha, Zulu, and Bravo series, qualifies. The program emphasizes family health, outdoor time, and simplifying compliance.
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