Preventative Healthcare
healthier and wealthier Employees
better health, better Employees
Employee retention plagues most businesses. Our unique Preventative Healthcare plan helps attract and retain the best employees while seamlessly integrating with your payroll provider
Benefits include: 24/7 Telemedicine visits, access to hundreds of free prescription drugs, preventative screenings, mental health counseling services, and much more
Instantly lowering payroll taxes without making any changes to existing benefits solutions with ZERO out-of-pocket cost to the employer.
Everyone benefits: W2 employees earn money plus they and their dependents can take advantage of real time and saving benefits that are included in the plan at no additional cost.
How does it work?
The employee is paying for the program using pre-tax dollars, which lowers their taxable income therefore lowering their tax obligations for that pay period. On the same paycheck, they are also receiving a post-tax claim payment from the provider for participating in the plan (receiving our outreach at a minimum). The premium is $1,200 per month, which is broken out on the payroll cycle (i.e. weekly payroll means a $276 premium). The claim payment to the employee for participating is $1,000 per month, also broken out on payroll cycle (i.e. weekly payroll means a $230 claim payment). Between how the premium cost, tax savings, and claim payment wash out, the employee experiences an increase in their net pay for that pay period.
The employer pays an administrative fee to the provider for running the program and keeping compliant, it is a flat fee that is collected out of the employer’s FICA savings each pay period, so they never have any out of pocket costs either. After our fee, the employer’s net savings is ~$650-950 per enrolled employee per year.
Our program allows employees to pay for qualified healthcare with pre-tax dollars in accordance with Section 125 of the IRS tax code. Through the plan’s premium, members effectively reduce their taxable income and enjoy an increase in their paychecks.