A key difference between the PHC and other medical service cards is that it can also be used to pay for care at the point of service, either as a credit-debit card, or for storing personal health savings account funds.
LifeNexus is now talking to major card brands regarding partnership and distribution of the PHC. As more and more corporations offer their employees health savings accounts—which are built up through pre-tax payroll contributions—the PHC will become an ideal vehicle for dispensing those dedicated funds. It could even be tied to corporate health incentive programs, such as when employees agree to quit smoking or lose weight in order to reduce their health risks..