Savings Opportunity for Members
Program Summary
The flow of funds & How it works
- Introducing a program that is self insured & voluntary
- Offered within the confines of your organization, no self insured risk
- 77% average employee participation, opposed to 15 - 20%
- Structured as a Wellness Integrated Medical Plan Expense Reimbursement (plan)
- Employers experience an average savings of $500 per employee, per year
- Employees realize an avg $150/ mo for participating, which can be used for supplemental products, with no reduction in take home pay.
The flow of funds & How it works
- The entire cashflow process is done via payroll, ledger based deductions & reimbursements
- The program unveils a gross tax savings that will be re appropriated for direct employee benefit
- Both employer and employee experience immediate increases in cashflow
- Relationships with all payroll companies, local and national carriers.
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