Employee Health Benefits & Financial Savingst

What If You Could Offer More Employee Benefits While Saving Money?

Businesses today face an uphill battle: rising healthcare costs, employee retention challenges, and the constant pressure to provide competitive benefits. The CHAMP Plan™—offered by The Policy Shop—is redefining employer-sponsored health benefits, making it possible for businesses to save money while enhancing their employees’ healthcare experience.

The best part? It requires no changes to your existing health insurance plan.

In this article, we’ll explore:
✔ What The CHAMP Plan™ is and how it works
✔ How it increases take-home pay for employees
✔ Why employers save thousands annually
✔ The unique health benefits it provides at $0 cost

What Is The CHAMP Plan™?

The CHAMP Plan™ is a Section 125, employer-sponsored, employee-funded health benefits program that works alongside existing health insurance to provide additional coverage at no net cost to the employer.

Unlike traditional health plans, The CHAMP Plan™ maximizes tax advantages to fund valuable benefits while reducing payroll taxes for employers and increasing take-home pay for employees.

How Does It Work?

1️⃣ Employees enroll in The CHAMP Plan™, electing to participate in enhanced healthcare benefits.
2️⃣ Tax savings are generated through Section 125, reducing payroll taxes for both employers and employees.
3️⃣ These savings pay for benefits, meaning employees receive extra coverage while still taking home more net pay annually.
4️⃣ Employers benefit from lower payroll taxes, reduced workers’ comp costs, and happier employees.

The Financial Benefits: More Money in Everyone’s Pockets

For Employers:

✔ $573 average payroll tax savings per employee per year
✔ Lower workers’ comp & primary health insurance costs due to fewer claims
✔ Improved employee retention & satisfaction
✔ Easier to attract top talent in today’s competitive job market

For Employees:

✔ $1,500 average increase in take-home pay per year
✔ Reduced out-of-pocket healthcare costs
✔ Access to valuable zero-cost health benefits

Employers who implement The CHAMP Plan™ reduce their overhead while offering a more attractive benefits package, creating a win-win situation for their workforce.

The Health Benefits: What Employees Receive at $0 Cost

Unlike traditional health insurance, where employees often face high deductibles and copays, The CHAMP Plan™ provides immediate access to key healthcare services at no extra charge:

✅ $0 Copay Preventative Care (MEC-compliant)
✅ $0 Unlimited Telemedicine & Mental Health Support
✅ $0 Prescriptions
✅ Attending Company Physician & Direct Primary Care
✅ Personal Health & Mental Health Consultations
✅ Health Wallet for Medical Expenses
✅ Worker’s Compensation Triage & Work Shield Protection

With The CHAMP Plan™, employees receive critical healthcare services at no extra cost, reducing the financial burden of medical expenses and promoting better overall health.

Why Employers Are Switching to The CHAMP Plan™

Employers who have implemented The CHAMP Plan™ report:
✔ Higher employee satisfaction and retention
✔ Lower healthcare-related costs
✔ Significant payroll tax savings
✔ Better workplace productivity due to improved employee health

By using smart tax strategies, The CHAMP Plan™ effectively funds itself, making it one of the most powerful employer-sponsored benefits available today.

Final Thoughts: The CHAMP Plan™ Is a No-Brainer for Employers & Employees

If you’re looking for a way to provide better benefits without increasing costs, The CHAMP Plan™ is the solution you’ve been waiting for.

✅ No changes to your existing health insurance
✅ Significant payroll tax savings
✅ Zero-cost healthcare benefits for employees
✅ Higher employee retention and satisfaction

Ready to learn more?

Contact The Policy Shop today to see how The CHAMP Plan™ can transform your benefits strategy.