InnerScope Hearing Technologies (OTC: INND), an emerging and disruptive leader in the direct-to-consumer hearing-health technology space, announced that it is working with Health-E Commerce and its broad network. Through Health-E Commerce’s online stores, FSAstore.com and HSAstore.com, INND will provide its medical-grade, direct-to-consumer hearing aids along with other hearing products. The company noted that more than 70 million consumers are enrolled in tax-advantaged flexible spending accounts (“FSAs”) and health savings accounts (“HSAs”), and those consumers shop in those online stores. InnerScope will also offer its direct-to-consumer hearing aids on Health-E Commerce’s WellDeservedHealth.com online marketplace, dedicated to individuals who participate in workplace wellness and health incentive programs. Health-E Commerce is a consumer health and wellness online retailer and industry leader in the U.S. tax-free healthcare market. Health-E Commerce’s mission to help individuals and families receive more value from their health spending accounts aligns with InnerScope’s dedication to offer affordable, medical-grade hearing products to those who need them. “We are honored to partner with Health-E Commerce to offer direct-to-consumer hearing aids on the FSAstore.com, HSAstore.com and WellDeservedHealth.com to the millions of consumers with pre-tax health spending accounts,” said InnerScope president and CEO Matthew Moore in the press release. “Currently, 48 million Americans suffer from hearing loss. Unfortunately, mainly due to high cost and accessibility, 40 million Americans live with the risks of health and cognitive issues caused by untreated hearing loss. Hearing aids are the most common treatment for hearing loss. Access to reliable and affordable hearing aids is the first step in providing proper hearing healthcare. This partnership is another significant leap forward in advancing InnerScope’s mission to provide affordable hearing health solutions to the 48 million Americans who suffer from hearing loss.”
To view the full press release, visit https://ibn.fm/usDFC
About InnerScope Hearing Technologies Inc.
InnerScope is a manufacturer, distributor and retailer of direct-to-consumer (“DTC”) FDA-registered, Bluetooth app-controlled hearing aids, Bluetooth app-controlled personal sound amplifier products (“PSAPs”), hearing-related treatment therapies, doctor-formulated dietary hearing and tinnitus supplements, and assorted hearing and health-related products targeting the 48 million Americans suffering from hearing-related issues. The company’s overall mission is to improve the quality of life for the estimated 70 million people in North America and the 1.5 billion people worldwide who have some form of hearing loss. The management team of InnerScope is applying decades of industry experience and believes it is well positioned with its affordable Bluetooth app-controlled self-adjusting hearing technology and its innovative in-store sales and delivery system with its point-of-sale, free, self-check hearing screening kiosks to directly benefit when the Over-the-Counter (“OTC”) Hearing Aid Act becomes enacted, which is expected late 2021. The OTC Hearing Aid Law allows OTC hearing aids for perceived mild to moderate hearing losses to be sold in retail stores without users needing to see a professional or having a medical evaluation. The INND Hearing Kiosk is designed to enable the tens of millions of people with undetected or untreated mild to moderate hearing loss to treat themselves with the company’s easy, convenient and affordable OTC hearing aids in-store, off the shelf or online. For more information, please visit www.INND.com.
NOTE TO INVESTORS: The latest news and updates relating to INND are available in the company’s newsroom at https://ibn.fm/INND
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