An employer-side FICA (Social Security) tax reduction that averages $600 to $900 per employee per year.
This is an instant profit for the Company. A company with 1,000 qualified employees will enjoy an annual cash and pre-tax profit of approximately $600,000 to $900,000 annually. This is an immediate profit and a significant enhancement to a company's valuation.
It is generally accepted that an increase in employee benefits, like the Proactive Health Benefits plan, reduces employee turnover and absenteeism, which is an important goal of the program.
All employee benefits are obtained at No Net Cost to the Company.
The program is HIPAA complient and fully insured.
PTE's partnership with the providers of Proactive Health Benefits delivers a comprehensive solution that transcends mere cost savings. This innovative program actively encourages employees to prioritize their fitness and wellness goals, cultivating a positive and motivated workplace culture. By empowering individuals to embrace healthy lifestyles, the implementation of this plan can significantly reduce absenteeism and employee turnover rates. The result is a more productive, satisfied, and engaged workforce.
Moreover, all participants in the Proactive Health Benefits program will experience an uplift in their net take-home pay. This financial advantage contributes to enhanced employee well-being and overall job satisfaction, fostering a sense of value and appreciation within the organization. PTE recognizes that a content and motivated team is paramount to driving long-term success.
PTE's partnership with Proactive Health Benefits ensures a seamless integration of the innovative health benefits program within your organization. Our dedicated team works closely with your Human Resources and Payroll departments to streamline the implementation process. We prioritize employee education, with our enrollment specialists providing comprehensive guidance on accessing and maximizing the value of these new benefits. A key focus area is helping employees understand how participation in the program can potentially lead to an increase in their net take-home pay.
Our experienced staff handles various administrative tasks, including onboarding new employees, addressing billing inquiries, and efficiently processing employee claims. We seamlessly integrate with major payroll systems, ensuring a hassle-free experience. Additionally, we provide detailed payroll and analytics reports during each pay period, enabling you to track and analyze the program's impact on your workforce.
With PTE's Proactive Health Benefits solution, you can enjoy the advantages of a comprehensive health benefits program without the need for additional resources or extensive effort from your organization. Our goal is to provide a turnkey solution that aligns with your company's objectives while minimizing administrative burdens.
Conventional major medical plans can often burden employers and employees alike with substantial out-of-pocket costs, such as deductibles, copays, coinsurance, and prescription drug expenses. PTE's strategic partnership with its Proactive Health Benefits providers offers a holistic solution to address these financial challenges. Our comprehensive benefits package is meticulously designed to alleviate the strain on both parties, featuring a robust suite of offerings.
Employees enrolled in this program gain access to a Hospital Indemnity Plan, Surgery and Anesthesia Benefits, a Prescription Drug Plan, an Accident and Critical Illness Plan, Telemedicine services, and a Wellness Plan. This multifaceted approach ensures comprehensive coverage and support, promoting a healthier and more financially secure workforce.
Furthermore, PTE's Proactive Health Benefits solution maintains stringent compliance with the Health Insurance Portability and Accountability Act (HIPAA), safeguarding the privacy and confidentiality of sensitive health information. Our fully-insured plan has been duly approved by the Department of Insurance, providing an added layer of assurance and regulatory adherence for our clients.