A Section 125 cafeteria plan allows employees to choose and select from a range of 125 cafeteria plan benefits that will suit them best. Think of it like a buffet where each one can select and choose what is appropriate for their family, health, and lifestyle.
But Elevate+ does far more than simply provide choice. It combines a Preventative Care Management Program (PCMP) with a Self-Insured Medical Reimbursement Plan (SIMRP), transforming old cafeteria plans into a whole wellness ecosystem.
With Internal Revenue Code section 125, employers can design these benefits so that they’re compliant from start to finish, but grant employees access to tools that build health, family coverage, and job satisfaction.
The aggregate result of these IRS Section 125 plan benefits is a valued employee, healthy and secure, while employers benefit from cost savings and gains in productivity.
With the use of other cafe 125 alternatives, businesses can provide employees with the treatment they need and enhance the overall health results.
Assess the size of the company, the requirements of the employees, and the current benefits.
Incorporate PCMP and SIMRP within the cafeteria structure.
Automated payroll interface guarantees effortless employee enrollment.
Section 125 of the Internal Revenue Code compliance is complete.
There is constant assistance to both employers and employees.
The entire process is a simple and hassle-free one for the employers, which saves them administration time and provides them with the comfort of compliance at each step.
All of these cafeteria 125 benefits combined promote employee health, family security, and company culture, and the program is much more than a tax or payroll vehicle.
In today’s competitive economy, a bare-bones benefits package is no longer sufficient. Elevate+ demonstrates how Section 125 cafeteria plans have the power to transform the workplace by uniting section 125 benefits, preventive care, and family wellness into a single program.
Employers are reducing expenses, employees are purchasing family and medical insurance, and overall group morale is on the up. With more than tens of thousands of employees already signed up, Elevate+ is demonstrating that these plans are not a nicety, they’re a necessity for employers who care about healthy, dedicated, and productive staff.
While Section 125 plans are typically related to payroll and cafeteria models for internal integration, what one truly values is the benefits themselves, wellness, family care, and financial security, all at $0 copay.
Includes mental health therapy, dental, telehealth, life insurance, and medical.
