Premium Only Plans (POPs)
Give your employees the ability to pay for their portion of group health insurance premiums tax free with FlexPOP™ employee premium only plans. An employee POP can help them save 20% or more on insurance premiums, just by purchasing the same benefits they buy every year, including:
- Health
- Prescription
- Dental
- Vision
- Employee Group Term Life (up to $50,000)
- Voluntary Benefits
As health care expenses change, employee elections are adjusted allowing the purchase to be made with pre-tax dollars. While employees are increasing their take-home pay, employers save the matching payroll taxes, and potentially Federal and State unemployment taxes. An employee POP offers a win-win situation for employers and employees alike! Why not get started today?
Contact your experts at Flex today for more information on employee premium only plans.