LifeMD Expands Insurance Acceptance to Medicare Beneficiaries for Qualifying Virtual Primary Care, Including in its Weight Loss Programs - Seite 2

Recent legislation authorized an extension of Medicare Telehealth Flexibilities through September 30, 2025. Under this extension, Medicare beneficiaries can continue to receive telehealth services from a wide range of locations, including from their home. According to the American Telemedicine Association, Congress and the current administration have stated their support for a permanent solution to reestablish all telehealth provisions. According to KFF, at the end of 2023, 12.7% of traditional Medicare beneficiaries used telehealth services, which was nearly two times higher than pre-pandemic levels.

Customers using the LifeMD platform will have access to synchronous medical care, urgent prescriptions and refills, and laboratory services through Quest and Labcorp.

This expansion of acceptance of insurance to Medicare aligns with LifeMD’s long-term strategy to diversify payor mix, strengthen recurring revenue streams, and address underserved populations through scalable, technology-driven care delivery. As telehealth adoption accelerates, LifeMD is well-positioned to capture meaningful share within the growing Medicare market.

About LifeMD, Inc.

LifeMD is a leading provider of virtual primary care. LifeMD offers telemedicine, access to laboratory and pharmacy services, and specialized treatment across more than 200 conditions, including primary care, men’s and women’s health, weight management, and hormone therapy. The Company leverages a vertically integrated, proprietary digital care platform, a 50-state affiliated medical group, a 22,500-square-foot affiliated pharmacy, and a U.S.-based patient care center to increase access to high-quality and affordable care. For more information, please visit LifeMD.com.

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