- Save $550 Per Employee Per Year
- Employees Get $150 a Month for Extra Benefits
- Get Access to Free TeleHealth, Marriage Counseling, Nutrition Services
(Starting as early as next payroll period!)
Advantages to Employers
• Save an average of $550 per employee per year on payroll taxes
• Lower health claims through preventive care by an average of $1,400 per claim over 3 years
• Compliance-driven and voluntary
• Provide an enhanced benefit package to reward employees for their hard work and loyalty
• Reduce absenteeism and turnover
• Attract and retain quality employees
• No net cost after savings
• No change required in existing health & benefit plans
• Administrative services are provided, reducing HR burden
Advantages for Employees
• Allows employees to proactively manage their personal health to help diagnose, mitigate & prevent disease & illness
• Participation historically reduces employees’ overall medical costs
• Provides unlimited access to telehealth, teledentistry and mental health resources with no copays, a convenient alternative to costly urgent care and emergency room visits
• Works with current medical plan to help fill the gaps & enhance existing employee benefits
• Generates an average of $150 per employee per month to purchase supplemental insurance
• Employee participation provides a reimbursement resulting in no reduction in employees’ take- home pay
Greater Employee Satisfaction & Retention
- The Preventative Care Management Program model and structure increases employee engagement and interaction leading to healthier lifestyles
- Healthcare costs are reduced by 20 – 55%
- Short-term sick leave is reduced by 32%
- Productivity is increased by 2 to 52%
- Morale is higher
- Absenteeism rates are lower
- Employee focus increases
Increased Revenue on the Next Payroll Run
- The employer sees guaranteed ROI in FICA savings from employee participation
- Reduction in employee claims – measured each year with expectations of a reduced claim value of 1% – 2% of total spending
- Reduces long-term healthcare costs through mitigation of risks related to future disease and conditions, averaging in client case studies of $1,400 per participant over a 3 year period
Employer Tax Savings Benefits
There are tax advantages for maintaining the Preventative Care Management Program and we will be happy to answer questions and provide guidance on how to maximize these, but clients should always speak with their CPA or tax professional before implementing any payroll modifications or tax planning procedures.
