Essentials Health Plan Enhances Employee Wellness & Compliance Programs
USA News PR June 15, 2024
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Essentials Health Plan Enhances Employee Wellness & Compliance Programs
Nationwide - June 15, 2024 (USANews.com) - Health Plan (EHP), a leading WIMPER program, is proud to announce enhancements to its employee wellness and compliance programs. These upgrades demonstrate EHP's dedication to providing comprehensive health solutions that meet strict regulatory standards, benefiting both employers and employees.
Key Compliance Features:
Pre-tax Eligibility:
Employees can now benefit from pre-tax treatment under IRC Section 106(a) for plan costs deducted from their gross wages, reducing taxable income for both employees and employers.
Adherence to Codes and Regulations:
EHP's program complies with IRC 213(d), 106(a), 105(b), 1.105-11(i), and 104(a)(3), as well as ERISA, HIPAA, and ADA regulations.
Reimbursement Allowances:
Pre-tax and reimbursement amounts are based on HHS reports and fair market value, ensuring compliance with IRC Section 213(d).
Post-tax Program Reimbursements:
Reimbursements for medical care are excluded from the employee's gross income under IRC Section 105(b) and related codes.
EHP's program seamlessly integrates with ACA-approved medical plans, making it easier for employers to adhere to IRS guidelines. EHP also provides education to both employees and employers on compliance and proper documentation practices.
Quote from Essentials Health Plan:
"EHP is committed to providing top-tier wellness solutions and ensuring full regulatory compliance, resulting in significant tax savings and health benefits for employers and employees," said Mardy Gould, Co-Founder of Essentials Health Plan.
For more information on Essentials Health Plan's enhanced employee wellness and compliance programs, please visit www.getehp.com or contact Mardy Gould at [email protected].
