Movano Health today announced that its female first wearable, the Evie Ring, is now eligible for HSA/FSA fund reimbursement.
"Securing eligibility for HSA/FSA fund reimbursement is tantamount to our goal of making the Evie Ring accessible to as many women as possible," said John Mastrototaro, CEO of Movano Health. "We are thrilled to be able to offer consumers an easier way to access a solution that can elevate their overall health and well being."
On average, using HSA/FSA pre-tax dollars can save consumers upwards of 30-50% on qualifying direct to consumer health and wellness purchases. U.S. consumers contribute an estimated $150 billion into HSA/FSA accounts every year. By meeting these compliance and eligibility standards, the Evie Ring will now be able to serve an even larger population of women.
Movano Health successfully launched the Evie Ring on November 20, 2023 and will be showcasing the solution at CES 2024, where it has been named a CES Innovation Award Honoree in Wearables.