Champion Health Inc. – The Champ Plan
or
The Fully Insured 125 Indemnity Benefits Plan
Either option you choose unlock hidden employee benefits and obtain $600 – $900 per employee in yearly recurring payroll tax savings
at no net cost to your business.
Do you want to pay to pay less Payroll Taxes? Enhance your workplace benefits and employee wellness through a high-acceptance, fully insured fixed indemnity plan, by enrolling in an IRS Code 125 Cafeteria Plan established in 1978.
This Does Not Replace Your Current Major Medical Plan Now
This is an ancillary plan that “stacks on top” of your current plan you have now that can reduce your major medical cost on funded & self funded plans by splitting the network cost overall.
What can the Champ plan do for your business and employees? In a nutshell, this is a Preventative Health Maintenance Plan that’s an IRS Section 125 approved plan; that will reduce the FICA taxes using pre-tax dollars to pay for the plan. Who pays? The employees pay to participate and NO COST for the Business Owner.
Why would employees want to pay for more insurance – good question.
How Employees get a Pay Raise
By using pre-tax dollars to pay for the plan (health plans are not taxed), the employee will get his Payroll Taxes, cut by almost 50%. In the example we provide the average employee would get a $119.20 pay INCREASE by paying less taxes – per paycheck.
The employees receive the Plan benefits, the Business Owner is not eligible to participate.
The business owner now would match less FICA, Payroll Taxes, saving money from day one. In this example $47.80 the company saved in matching Payroll Taxes, – per employee.
A business with 1000 employees will save $573,600.00, in FICA, Payroll Taxes, adding to their EBITA, aka bottom line, that a CPA or Banker can verify the day the plan is active – increasing capital overnight.
HOW EMPLOYERS SAVE ON PAYROLL TAXES
Plan Benefits Include
- Plan provides $0 Co-Pay for the following:
- Doctors/Urgent Care Visits (employees only)
- Medications (employees plus family)
- Direct Primary Care (employees plus family)
- Amaze 24/7 access to real time virtual doctors using facetime on cell phones to take pictures and advice if
- urgent medical help is needed or if an appointment can be scheduled with a family doctor – saving time and money.
This sounds too good to be true? We hear this all the time
- Champion Health Inc. has been established for 10 years and is rapidly growing.
- Fortune 500 companies like Harley Davidson, ADP, MAACO, Dennys, etc… Use Champion now.
- Smaller companies that DO NOT provide health insurance can use this instead of a major medical plan. Also helps with employee retention – if they quit they lose the plan.
Action Steps
Schedule a consult call.
Initial Census: To produce the analysis/proposal
Final Reviews: To deploy plan/enroll employees
Scott Richardson
214-730-2471
scott@scottdallasmms.com
Champion Health Agent NPN #1275167
THANK YOU FOR YOUR TIME