THE CHAMP PLAN
Want to save big on payroll taxes while offering more benefits & increased take home pay?
That’s what the CHAMP Plan is for!
The Champ Plan Benefits Both Employees AND Employers.
Employee Benefits
$30-$300 a Month Increase in Take Home Pay
✅ UNLIMITED Primary Care Doctor / Urgent Care Visits (Employee only)
✅ UNLIMITED Generic Prescriptions (Employee plus family)
✅ UNLIMITED Telemedicine and Mental Health (Employee plus family)
✅ 100% Preventative Care (Employee only)
✅ Personal Health Manager (Employee only)
Employer Benefits
$573.60 in Tax Savings Annually for Each Enrolled Employee.
✅ Employers operate and provide their own health plan as opposed to purchasing a fully-insured plan from an insurance carrier.
✅ Reduced usage of Primary Care resulting in future savings - Use Champ first.
✅ Happier & Healthier Employees and their families
✅ Recruit & Retain Highly Values Employees
✅ No Burden to HR. We enroll everyone.
Why Champ?
Participating in a 125 Cafeteria plan reduces an employee's taxable salary, increasing their income with additional benefits.
Every penny put through the Section 125 plan reduces an Employer's payroll by reducing their tax liability, effectively eliminating the matching FICA taxes of 7.65%
Employer savings start in the second month!