First Dollar
First Dollar is building flexible infrastructure for health spending benefits. Acquired by Inspira Financial in November 2024.
About First Dollar
The original flexible spending arrangement (FSA) was introduced in the Revenue Act of 1978. Decades later, the health spending benefit category* has expanded to include DC-FSAs, FSAs, LP-FSAs, LSAs, HRAs, HSAs, rewards, supplementals, and more. Some offer tax savings and some direct member spending for government health plans, but all share one common goal: provide access to needed funds for healthcare expenses. Today, over 112 million Americans have access to one or more health spending benefits.
As healthcare costs continue to rise, the individuals and organizations that use and offer health spending benefits will depend on them even more. But when you look behind the curtain of most programs today, you'll find a hodgepodge of legacy tech solutions that create barriers to benefit design and access. Using and offering benefits should feel effortless. It's what drives First Dollar's team every weekday as they build flexible infrastructure for every health spending benefit.
Leveraging modern engineering advances and human-centered design principles, First Dollar's platform provides the most advanced solution on one card, app, and API.