Here now is a wonderful product that can help you and your employees access NEW BENEFITS with amazing SAVINGS! The SIMERP is a type of Health Reimbursement Arrangement and premiums are assessed pre-tax as part of a section 125 cafeteria plan. As a result, the employer pays less FICA obligations per participant. Further, the use of these benefits can reduce claims and mitigate risk, adding more value to employers over time.
The Medical and Wellness services provide significant benefit value and are all qualified services under IRS 213(d) as required by the Self Insured MERP. Further, employees receive their tax free reimbursement which creates a tax savings. Those savings are then used to purchase supplemental insurances without reducing their take home pay. These benefits provide greater financial security for each employee and their family.
For more information on this exciting opportunity please call Gerard Devlin and put his email on it too.