Health Management Plans
Participating in a 125 Cafeteria Plan reduces an employee’s taxable salary and thus increases their spendable income with added additional benefits.
Every dollar put through the Section 125 plan reduces an Employer’s payroll through a reduction in their payroll tax liability by eliminating the matching FICA taxes of 7.65%.
Our Trusted Partners
The CHAMP Plan ™
Powered By
The Champ Plan resolves two of the most important concerns for your employees:
Take Home Pay and Benefits
A preventative healthcare program. Inspired to help employers and employees bridge the gap to wellness with a positive financial impact.
-
The CHAMP Plan™ is intentionally designed not to replace or compete with your major medical plan.
-
It is designed to be a compliment or even a frontline of defense to your major medical. However, it is strong enough to stand on its own.
-
Full-time employees enrolled in CHAMP Plan™ will generally see a net increase to their paychecks due to their participation.
-
While there is an associated cost for employers implementing The CHAMP Plan™ they will realize a net savings due to offering the plan.
-
With no out-of-pocket cost, HealthCues prioritizes and incentivizes preventative health care practices for employees.
-
Applying pre-tax wages to benefit premiums allows employees to receive a net increase in take home pay up to 3-6%
-
Also, allows employers to save between $600-$850 per qualifying employee annually on FICA taxes
-
HealthCues is a Section 125 preventative healthcare management program which includes a Limited Benefit Hospitalization Plan.
-
It’s officially a fixed indemnity program.
Next Steps/What Now?
2
We will then arrange and accompany you on a call with program experts to walk you through specific plans / advantages / requirements etc. and answer specific questions about how the plan can work within your business
3
