Access this government-subsidized wellness program for employers and employees at no out of pocket cost.
At WB Business Solutions, we specialize in providing comprehensive solutions for companies looking to enhance conditions for their employees while maintaining financial stability. Since our inception, we have been committed to delivering exceptional service backed by deep knowledge and expertise in the field of corporate benefits and tax planning.
What sets us apart is our dedication to excellence and customer satisfaction. Every company we work with receives personalized service and expert guidance throughout the entire process. We take pride in being considered an invaluable partner by our clients, as evidenced by their testimonials of gratitude and satisfaction.
At WB Business Solutions, we are here to help you improve your corporate benefits and financial situation. Contact us today and discover how we can assist you in achieving your goals!
Our wellness program is designed for employers to help in retention, help with employee being absent for health issues and give a more robust benefit package. By implementing our wellness program employers will see between $600-$800 savings per employee. Which increases the employer's bottom line.
Our Wellness plan is designed to sit on top of your existing health plan. If the employee does not have a health plan we will implement a MEC plan or Minimum essential coverage at no additional cost. Please see link to all benefits.
"I am delighted to share my experience with WB Business Solutions and the Section 125 program. From the moment we enrolled, we have experienced a significant change in our company. The fact that this enrollment has not required any additional costs for us has been a great relief. Thanks to this initiative backed by the United States Congress, we have been able to offer our employees quality medical insurance and tax benefits for both them and our company. WB Business Solutions has been an invaluable partner in this process, providing us with expert guidance and exceptional service throughout. We are immensely grateful for their support and commitment."
"I want to express my sincerest gratitude to WB Business Solutions for enrolling me in the Section 125 program. Thanks to their assistance, my company has been able to access extraordinary benefits without incurring any additional costs. This program, approved by the United States Congress, has been a blessing for us as it has provided us with medical insurance and valuable tax discounts for both our employees and our company. We are truly impressed with the professionalism and dedication of WB Business Solutions, and we couldn't be more thankful for their excellent service."
"As a small business owner, I am always looking for ways to improve conditions for my employees without compromising the financial stability of the company. Thanks to this enrollment, we have been able to provide affordable medical insurance to our employees and obtain significant tax benefits for our company, all without any additional costs to us. WB Business Solutions has been instrumental in the entire process. Their commitment to our success and their professionalism are unmatched. We are deeply thankful for this opportunity and would not hesitate to recommend them to any company looking to improve their benefits and financial situation."
No. If they currently receive care and choose to remain enrolled in their current plan, they do not need to make any changes. If employees do not have current medical coverage, the MEC (Minimal Essential Coverage) plan included will allow them to see any doctor and use any Urgent Care in the Private Health Care System PPO network, one of the largest PPO networks in America.
Besides being able to take care of the employees, increase retention, reduce sick days and make your company more attractive to new hires? Yes! You will see an average annual savings of $500-$600 on your FICA tax and workers comp.
EHP is a Self-Insured Medical Reimbursement Plan (SIMRP) and was purposely created, fully researched, and found compliant with IRS 213(d), 106(a), 105(b), 1.105-11(i), and 104(a)(3) codes, and all applicable IRS memos, ERISA regulations, HIPAA, and the ADA. Medical Services Are a Key Component EHP is always paired with an ACA-approved medical plan to make an integrated 105 plan.
Deduction of The Plan Is Pre-Tax Eligible The deduction of plan cost from an employee's gross wages is addressed by IRS Codes 106 (a). The Office of Chief Counsel Internal Revenue Service Memorandum (Number: 201703013, Dated: 1/20/2017) states: "The value of coverage by an employer-provided wellness program that provides medical care (as defined under §213{d)) is generally excluded from an employee's gross income under §106(a). The pre-taxing of this deduction made possible under a Self-Insured Medical Reimbursement Plan and a Cafeteria Plan (§ 125) creates the reduction of taxable income, generating savings for the employee and the employer.
It’s simple! Schedule a time to speak with one of our agents.
The full list of benefits will be included in your offer once you send us a census.
No. As a compliant plan, we must set an enrollment period for your company, which will be scheduled on the 1st to 10th day of the month after you accept the offer, however offers accepted after the 15th of the month will be scheduled for the 2nd month following. New employees can still join the plan when they are hired.
Yes, however, if you are trying to avoid the tax penalty for not providing health insurance to your employees, the MEC plan only covers the larger of the 2 penalties. Ask your agent how to cover the smaller of the 2 (if required in your state based on company size).
We are unwavering in our commitment to delivering a top-notch experience in all aspects of our services, providing unparalleled and tailored support to every one of our clients.