Health-E Commerce® Collaborates with Talkspace to Expand Mental Health Services Available on FSA Store® and HSA Store®

Rhea-AI Summary

Talkspace (NASDAQ:TALK) and Health-E Commerce announced a telehealth collaboration effective April 27, 2026, enabling individuals to use FSA and HSA funds to pay for Talkspace virtual mental health counseling via FSA Store and HSA Store.

First-time patients who pay with tax-free FSA or HSA funds receive a $100 discount. Talkspace serves more than 1.2 million members and reports over 60,000 five-star reviews. Coverage may vary by plan; users should verify eligibility with their FSA/HSA administrator.

Positive

• Enables payment of Talkspace virtual therapy using FSA and HSA funds
• First-time patients receive a $100 discount when using FSA/HSA funds
• Talkspace scale: >1.2 million members and >60,000 five-star reviews

Negative

• FSA/HSA coverage varies by plan; users must verify eligibility with their administrator
• Press release discloses no pricing tiers or detailed coverage limits for FSA/HSA payments

Individuals can use insurance and/or flexible spending account (FSA) and health savings account (HSA) funds to pay for virtual therapy with licensed providers; new patients save $100 when using tax-free FSA and HSA funds

DALLAS, April 27, 2026 /PRNewswire/ -- Health-E Commerce^®, parent brand to FSA Store^® and HSA Store^®, the first and leading online stores dedicated to selling only products and services that are eligible with flexible spending account (FSA) and health savings account (HSA) funds, announced today a new telehealth collaboration with Talkspace that will allow individuals to use FSA and HSA funds to purchase virtual mental health counseling through FSA Store^® and HSA Store^®. First-time patients using FSA or HSA funds will receive $100 off Talkspace services.

"Access to mental health services continues to be a roadblock for individuals and families, with an estimated 37% of the U.S. population living in areas that have a shortage of qualified providers. Telehealth can bridge this gap and help patients get the care they need in a timely fashion, and in the comfort and privacy of home," said Keri Kaiser, chief revenue office for Health-E Commerce^®. "Our team is proud to bring these essential services to millions of individuals and to make it easier for them to pay for care with their tax-free funds."

Talkspace is a leading provider of flexible, professional mental health services that is trusted by more than 1.2 million members with more than 60,000 five-star reviews. Talkspace quickly and efficiently matches patients with licensed therapists and psychiatrists for needs related to anxiety, depression, bipolar disorder, addiction, and more. Patients can switch providers at any time, if needed. Services from Talkspace are covered by health insurance and can also be paid for with FSA or HSA funds. It's important to check with your FSA/HSA administrator to verify what services your plan covers before engaging with a provider.

"As a leader known for providing quality mental healthcare that is both accessible and affordable, Talkspace is thrilled to collaborate with Health-E Commerce®. Together, we are unlocking vital support for millions of FSA and HSA account holders, empowering them to direct their healthcare dollars toward their mental well-being," said Katelyn Watson, chief marketing officer at Talkspace.

To learn more about Talkspace and other FSA- and HSA-eligible mental health support, FSA and HSA eligible, visit FSAstore.com^® or HSA store.com^®.

About Health-E Commerce^®
Health-E Commerce^® is the parent brand to FSA Store^® and HSA Store^®, online stores that serve the 70+ million consumers enrolled in pre-tax health and wellness accounts. The company also created Caring Mill^®, a popular private-label line of health products through which a portion of every purchase is donated to the Children's Health Fund. Since 2010, the Health-E Commerce^® brands have led the direct-to-consumer e-commerce market for exclusively pre-tax health and wellness benefits. Health-E Commerce^® plays an essential role in expanding product eligibility for important new categories within the list of eligible medical expenses.

About Talkspace:
Talkspace (NASDAQ: TALK) is a virtual behavioral healthcare provider committed to helping people lead healthier lives through access to mental healthcare. Talkspace offers therapy for individuals, teens, and couples, as well as psychiatric treatment and medication management for adults.

Members are matched with licensed therapists and can engage in live video, audio, or chat sessions, as well as asynchronous messaging. Services are delivered through a secure web and mobile platform that meets HIPAA and regulatory requirements.

Many Americans have access to Talkspace through health insurance plans, employee assistance programs, or as a benefit through an employer, school, or government program.

For more information, visit www.talkspace.com.

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SOURCE Health-E Commerce

FAQ

How does the Talkspace and Health-E Commerce collaboration let patients pay with FSA or HSA funds (TALK)?

Yes. Individuals can use FSA or HSA funds to purchase Talkspace virtual therapy through FSA Store and HSA Store. According to Health-E Commerce, eligible services can be paid with tax-free FSA/HSA dollars, subject to plan rules.

What is the first-time patient offer for Talkspace when using FSA or HSA funds (TALK) dated April 27, 2026?

First-time patients receive a $100 discount when paying with FSA or HSA funds. According to Health-E Commerce, the $100 off applies to new patients using tax-free FSA/HSA funds to purchase Talkspace services.

Is Talkspace therapy covered by health insurance and eligible for FSA/HSA payments (TALK)?

Talkspace services are covered by health insurance and may also be paid with FSA or HSA funds. According to Talkspace, coverage depends on the specific plan and users should confirm benefits with their FSA/HSA administrator.

How many members and reviews does Talkspace report in the April 27, 2026 announcement (TALK)?

Talkspace reports serving more than 1.2 million members and having over 60,000 five-star reviews. According to Talkspace, these figures reflect its stated user base and aggregated review counts.

Do FSA or HSA plan rules affect eligibility to use funds for Talkspace services (TALK)?

Yes. Eligibility depends on the holder's specific FSA/HSA plan terms and administrator decisions. According to Health-E Commerce, account holders should verify with their FSA/HSA administrator before purchasing to confirm covered services.

Where can investors or patients learn more about FSA/HSA-eligible Talkspace services listed via Health-E Commerce (TALK)?

Visit FSAstore.com or HSAstore.com to review eligible mental health services and purchase options. According to Health-E Commerce, the stores list Talkspace offerings and guidance on using FSA/HSA funds through those platforms.