Let employees pay for their health insurance tax-free

If you do not currently offer health benefits, you probably have given up on finding an affordable option. You may have even succumbed to increased wages in an effort to help key employees' with their individual health insurance costs. The problem is that you and your employees are paying thousands of dollars in taxes every month unnecessarily. This is because W-2 employees cannot take a tax deduction for individual insurance without your help!

In conjunction with your payroll system, Individual POP allows your employees to reimburse themselves for their insurance costs 100% tax-free. Employees typically save 20-40% on their health insurance costs and your company will save 7.65% on every dollar in FICA and FUTA.   

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Why employees want Individual POP?

1. Employees save money and get help with their family budgeting

2. Part-time and other ineligible employees get health benefits

3. Spouses and dependents without preexisting conditions can receive better coverage for less cost

Why employers want Individual POP?

1. Employers Save Money with Individual POP

2. Individual POP Helps Employer Recruiting and Retention

3. Individual POP Helps Employers Without Group Plans

4. Helps New Hires (for companies with group plans)

How does Individual POP work?

1. Employee logs in online, enrolls in Individual POP, and elects an amount to be withheld from their pretax payroll.
2. Individual POP sends employee a Confirmation of Request and forwards the enrollment request to their employer.
3. Employer approves enrollment request and Individual POP sends employee notice of Approved Request.
4. Each pay period, funds are withheld from the employee's paycheck pre-tax, and their health insurance premium is reimbursed after-tax.  Each employee paycheck is actually larger when they're enrolled in Individual POP.

For more information about personal health policies