In the competitive job market of today, keeping top employees is not just about compensation—it’s about purpose, value, and well-being. Progressive employers know this, and some are increasingly using cutting-edge wellness initiatives to boost loyalty and productivity. But here’s the catch: not all wellness efforts are equal.
The Elevate+ solution provides a more intelligent means of enhancing retention, without altering current plans, adding payroll expense, or taking away from employee compensation. It’s a turnkey solution that integrates three strong elements: a compliant Section 125 structure, a Preventative Care Management Plan (PCMP), and a Self-Insured Medical Reimbursement Plan (SIMRP). Together, they create one of the most benefit-rich solutions on the market.
Let’s dive into how Elevate+ works—and why it’s a win-win for employers and employees alike.
What Is Elevate+?
Elevate+ is no ordinary Section 125 plan. It’s a new, all-in-one benefits program designed for businesses with 40,000–70,000+ employees. It combines Section 125 tax strategies with PCMP and SIMRP features to provide a distinct set of financial and wellness benefits.
Key Highlights of Elevate+:
- 100% compliant with IRS and ERISA guidelines
- No upfront cost to employers
- No disruption to existing health plans or brokers
- Includes mental health, telehealth, and wellness tools from Mayo Clinic
- Fully managed implementation and employee outreach
- Implementation in just 30–45 days
And best of all? It allows employers to reduce your payroll taxes while employees receive meaningful benefits without sacrificing take-home pay.
Why Wellness Programs Drive Retention
Employees don’t just want a paycheck—they want support. A comprehensive wellness program tells your team: “We’ve got your back.” When done right, it creates a culture of care that leads to stronger loyalty and lower turnover.
Here’s how Elevate+ contributes to long-term retention:
Real, Usable Benefits for the Whole Family
From $0 copay telehealth visits to universal life and critical illness coverage, Elevate+ ensures employees—and their dependents—get benefits they actually use.
And, it’s structured in a contemporary benefits cafeteria plan format, so workers can choose the services that are most important to them. This kind of flexibility is a trust builder and communicates that the company cares about their entire-person health.
Increased Paycheck Without Additional Cost
Under Elevate+, workers normally gain a 3–4% net boost to their paycheck—about $100/month. That’s achievable because the program utilizes payroll pre-tax deductions through Section 125 taxes to legally lower taxable income and reimburse for benefits through SIMRP.
It’s a smart, compliant setup that helps reduce your payroll taxes and make each paycheck go further.
Less Burnout, More Engagement
By ensuring 24/7 access to mental health care, wellness coaching, and tailored Mayo Clinic resources, Elevate+ assists employees in managing stress, maintaining well-being, and keeping their focus on work.
It’s not merely having a hotline available—it’s about constant access to resources that enhance physical and emotional well-being, which correlates directly with performance and engagement.
Employer Benefits: Why Elevate+ Is a Game-Changer
When you choose Elevate+, you’re not only empowering your workforce—you’re also enhancing your bottom line.
Employer Benefits at a Glance:
- Save around $600 per W2 employee (or $60,000 per 100 employees)
- Lower healthcare claims (average savings: $1,400 in 3 years)
- Rapid deployment with minimal HR effort
- No interruption to existing plans or vendors
- Increase morale, loyalty, and retention without added cost
You don’t have to change your health plan or dig into additional budget. Elevate+ integrates with your current offerings. And since it’s a benefits cafeteria plan fueled by intelligent payroll pre-tax deductions, it provides financial and cultural value.
Real Retention Impact: What the Numbers Say
Think about it: research indicates that firms with solid wellness programs have 28% lower employee turnover. Employees who feel cared for in their health are more likely to remain, refer others, and give their best to work each day.
With Elevate+, you don’t have to wonder whether your wellness program is effective. You’ll see the retention numbers improve quickly.
How Elevate+ Applies 125 Plans to Employee Benefits—Improved
Most companies are already aware of Section 125 taxes and typical cafeteria plans. But Elevate+ does much more.
The plan takes a multi-faceted approach to providing value:
- It has a 125 plan employee benefits structure that provides for payroll pre-tax deductions, reducing employer and employee tax costs.
- Those deductions pay for a SIMRP that reimburses employees for benefit costs—money back in their pocket.
- Meanwhile, employees are enrolled in a managed PCMP that guarantees access to high-quality wellness care and prevention services.
The outcome? Improved benefits. Increased savings. No disruption. And a very compelling reason for your team to remain.
Why Elevate+ Is Different from Other Wellness Solutions
Many vendors promise “comprehensive wellness.” But Elevate+ is different—it’s designed on compliance, automation, and real-world impact.
Here’s why Elevate+ is so uniquely powerful:
- Expertly managed, 100% burden-free on internal HR
- 100% IRS and ERISA compliant
- Automatically enrolls, communicates, and provides support
- Integrates with your existing plan, broker, and provider arrangement
- Aids you in reducing your payroll taxes at no cost whatsoever
And the statistics are speaking for themselves. Over 30,000 employees are presently enrolled and benefitting from it.
Last Thoughts: Improved Wellness Means Improved Retention
Employees are your most valuable asset. When you support their health—physical, mental, and financial—they stay longer, work better, and elevate your entire organization.
Elevate+ was developed to assist firms in providing better value to employees—without augmenting payroll expenses or interrupting what they’re currently doing. Our Section 125 compliant offering enables employers to save on taxes and provide benefits that extend beyond families without impairing employee take-home pay or demanding any additional out-of-pocket expenditures.
It’s about offering more without investing more—modernizing your company’s strategy regarding wellness and retention.
Ready to turn your benefits into your biggest retention tool?
Schedule your 10-minute consultation!
Discover Elevate+ now at Elevate-Benefits.com and see how you can keep top talent, Lower Your Payroll Taxes, and provide strong 125 plans employee benefits for free.