ORANGE, Calif., June 21, 2017 (GLOBE NEWSWIRE) — Sharing Services, Inc. (OTC Markets:SHRV) announced today that it is investing in Medical Smart Care, LLC (“MSC”) and its unique health benefits card program. The investment will include ownership of 40% of MSC with the opportunity to acquire the remaining ownership interest in MSC in whole at a later date.
Medical Smart Care is a 6 year old company dedicated to providing world-class health and wellness benefits to families all over the U.S., including discounts on dental, vision, lab tests, MRIs and much more, including one of the only “zero pay” Teledoc programs. “We’re proud to have put together the most robust health card in the industry and even more excited to partner with Sharing Services to help us take this program to the tens of millions of Americans that don’t have health insurance”, said West Benson, Medical Smart Care’s CEO. “We have a client with 250 employees using our card program and as a group, they have saved over $425,000 during the course of their first 16 months on our program.”
The Medical Smart Care card program costs only $18.95 per month for an entire household of family members and has over 19 thousand families benefiting from the card and growing. “Combined with our already exciting travel benefits and social alchemy, we look forward to bringing hundreds of thousands of families into our programs with the addition of the Medical Smart Care to enhance our incentive programs and unique travel value propositions” said Jordan Brock, Sharing Services CEO. “There are over 65,000 pharmacies that participate in the program, so getting discounts while traveling is unparalleled.”
To learn more about the Medical Smart Care card, visit their website https://medicalsmartcare.com.
About Sharing Services, Inc.:
Sharing Services, Inc. is a diversified travel holdings company specializing in ride sharing, mobile applications, 4.0 meta-search technologies, relationship marketing, group travel programs, brick-and-mortar travel agencies and now vacation funding. The Company’s direct-to-consumer online travel agent (OTA) platform delivers unprecedented access to many of today’s most popular travel destinations, and all with savings of up to 30% and 80% off published rates.
Precautionary and Forward-Looking Statements
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in the Company’s disclosures or filings with the SEC.
Source: Sharing Services, Inc.
CONTACT: Contact: Sharing Services, Inc. Investor Relations (714) 203-6717 [email protected]