Texas Life Group Is Improving Healthcare With Technology
We have partnered with Safe Harbor to deliver wellnes programs to employers with huge tax savings while adding additional benefits to their employees with no reduction in employee take-home pay. The TOTAL Wellness Program (TWP) is a type of Participatory Wellness Program, known as a “WIMPER”. The TWP allows Employers to add the latest digital healthcare tools to their benefits package while also taking advantage of tax incentives from the Affordable Care Act that save your business & your employees money on taxes in every paycheck.
With over 200 digital care touchpoints that improve healthcare education, access & price transparency our Proactive Healthcare Management System is built to co-exist with your entire Employee Benefits Program. In fact, every benefit (excluding the Rx Discount Card) has $0 Copay.
This results in a win-win scenario where Employers & Employees can improve their Benefits Package while simultaneously savings money & reducing healthcare costs.
What kind of savings are we talking about? Is this legal? How do you take advantage of this program? (Read On or Contact Us for Details)
GUARANTEED EMPLOYER SAVINGS
Texas Life Group helps Employers implement the TOTAL Wellness Program and save them an average of $523 per enrollee per year. We currently average 78%+ Participation with our employer groups.
As a section 125 benefit the TOTAL Wellness Program saves Employers 7.65% FICA tax on all premiums paid. This averages out to a net savings of $523 per year per participant!
In addition, a study on participatory wellness programs like the TOTAL Wellness Program indicate an average employer savings on medical claims of $1,400/year per participant, year over year.
No upfront fees, immediate tax savings, and ongoing healthcare savings make the TWP an attractive enhancement to any employee benefits package. Best of all, Enrollment can happen any time of year.
GUARANTEED EMPLOYEE SAVINGS
Participating Employees save an average of $150 per month utilizing the TOTAL Wellness Program. That is $1,800 per year to bolster your employee benefits package however you see fit!
Every member of the TOTAL Wellness Program gains access to over 200 digital healthcare tools that improve healthcare education, cost transparency, and access to care. With a focus on improving preventive care, chronic disease management, and mental health services the TWP delivers all of our tools (excluding prescription drug discounts) at $0 copay.
Additionally, due to the tax advantages of the TWP, employees save an average of $150 per month in taxes. This is money that can be used toward additional worksite benefits, life insurance products, and more without employees receiving less than their usual take-home pay.
Contact Texas Life Group to learn how to set up this wellness program at your company. Texas Life Group is proud to be appointed by Safe Harbor as a preferred partner.
