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LyfeSystems Overview
We are offering the marketplace a new opportunity: employer healthcare contributions from multiple employers. No more full-time job requirement, plus health insurance that is portable job to job. We are switching the ownership of healthcare from the employer to the employee. We believe a person or family can best decide which healthcare insurance is best for them... not an employer or our...More»
We are offering the marketplace a new opportunity: employer healthcare contributions from multiple employers. No more full-time job requirement, plus health insurance that is portable job to job. We are switching the ownership of healthcare from the employer to the employee. We believe a person or family can best decide which healthcare insurance is best for them... not an employer or our government. We believe money provided by the employer for healthcare should allow the pers«Less
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Funding
| Date | Type | Capital Amount | Post-Money Valuation | Investors |
|---|---|---|---|---|
| 01/2008 | Seed | Unknown | Unknown |
|
Products
| Name: | LyfeBank |
| Product URL: | http://www.lyfesystems.com/ |
| Description: | Through our LyfeBankTM subsidiary we use our proprietary Web-based transaction system to collect and track the employer contributions and allocate the funds to employee healthcare accounts. Account funds are held in trust at a federally-chartered bank, and LyfeBank restricts use of the funds to only IRS-qualified medical expenses. |
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