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RokketMed offers a Healthcare Medcard that can be used as a Health Reimbursement Arrangement (HRA) card for medical care or expenses. The Medcard is a compliance vehicle for complying with the San Francisco Health Care Security Ordinance (HCSO) or as an employee retention incentive. Federal HRA policies, put in place in January 2020, enable businesses to offer new tax-free benefits to all workers in some capacity. The Medcard can be loaded with the dollar amount you choose and can be used for insurance premiums on CoveredCA, co-pays, out-of-pocket deductibles, and over-the-counter health products at Target, Walgreens, and Safeway.
By removing the friction of access to these funds, restaurants using RokketMed's HRA debit card have seen robust usage in employees spending their earned healthcare dollars. Our portal shows that 75% of cardholders have utilized their card in the first six months. In addition, employees have expressed incredible enthusiasm and appreciation as the dollars have offset dental expenses, helped pay for vision needs, and costs as basic as monthly expenses for women's reproductive health.
For more information, email firstname.lastname@example.org or visit www.RokketMed.com.