If you are looking to learn more about an alternative way of funding medical costs, Section 105 plans, whether Health Reimbursement Arrangements or Medical Expense Reimbursement Plans, could be the right option for you or your client.
Because Section 105 is self-funded, businesses can consider Section 105 plans for flexible and cost-effective ways to reduce premiums. Additionally, these plans offer non-tax and administrative benefits, such as:
- Plan flexibility
- Employee choice
- Predictable costs
- Simple administration
- Different benefits for different employees
- .... And more!
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