MedZero

medZERO operates a healthcare financial wellness platform offered through employers and health plans. Its core product, the medZERO Spending Account, gives employees on-demand access to funds to cover out-of-pocket healthcare expenses, which they then repay over time with no interest and no fees. Employees can request funds 24/7 through a smartphone app or the website, with instant approval and no credit check or credit impact. Funds can be used with any provider, in-network or out-of-network, including doctors, dentists, pharmacies and pet health, and the program is designed to work alongside any benefit plan and any health savings account. For employees who hold an HSA, repayments to medZERO are treated as qualified medical expenses, which the company says can produce savings of up to roughly 30% versus paying with after-tax cash. medZERO itself is not an HSA.

The company frames the problem it addresses as a gap between insurance coverage and affordability, citing average family out-of-pocket health costs of more than $3,200 per year and employees deferring care or taking on debt because of cost. Providers are paid in full at the point of care, while the employee repays medZERO over time. medZERO also publishes employer-facing content on benefits design topics, including reproductive health and infertility support.

Business model

medZERO is distributed as an employer-sponsored benefit and through health plans, enhancing existing benefits programs rather than replacing them. Employers adopt the medZERO spending account for their workforces; providers are paid in full at the time of care and employees repay medZERO over time.

The company states that employees pay zero interest and zero fees for use of medZERO, positioning the program as a paid employer benefit rather than a consumer-financed product.

Traction

The company reports growing employer adoption across industries, adding Salt & Straw, Leatherman Tool Company, Easterseals Louisiana and Goodwill Industries of Kansas in July 2026. Testimonials come from a benefits leader describing a rollout to 4,500 team members, the Chief People Officer of Sustainable Restaurants Group, and the CFO of Glooko.

Latest developments

In July 2026 medZERO announced a new investment round with new investors Jumpstart Nova and Elevate Capital alongside existing investors, and separately announced an expanded roster of employer clients spanning food, consumer products and nonprofit sectors.