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This program is an overlay on top of existing health insurance programs that provides included doctor visits, urgent care visits, and identity theft protection, to name a few of the benefits.
*Depending on certain variables, there is generally a $1,097 net benefit per participating employee annually.
This program provides a healthier workforce, therefore reducing business costs. The majority of employees receive an increase in net pay. The business and the employees will know and understand the net benefit of each employee prior to participation.
We have developed a program that creates a win-win for the employer, the employee, and insurance brokers, human resource managers, payroll clerks, or anybody that may have a relationship with businesses that can benefit from this program!
The Cafeteria Plan Tax Credit Program offers extensive benefits to employers and W-2 employees that make it their choice program. There are 180 tax breaks written into the US Tax code in various forms, from exemptions and deductions to credits and preferential rates.
These tax breaks amounted to $1.8 trillion in 2023 and will be easily more than the Social Security, defense, Medicare, and Medicaid budgets combined. The Cafeteria Plan Tax Credit Program is one of the most generous of these tax breaks. Through a Section 125 Cafeteria Plan IRS Tax Code, Employers can give their W-2 employees free preventative healthcare and lots more while the employers themselves get $1,097 per year for each W-2 employee. It is also ultra-accessible for every business.