Why PHI Stands Out
Cheril Lyn Muniz
Forging connections between Business Owners & game-changing financial strategies ?? | Sr. Capital Consultant | Leading in transformative solutions for business success ???? | Empowering entrepreneurs ??|Published Author
PHI is a federally legislated tax incentive that can supplement any existing benefit programs at no additional cost, even if services overlap.
Employee & Employer Benefits:
- Employer Savings: An average of $500 per employee annually in reduced FICA taxes (totaling $500,000 for 1,000 employees). Minimum number of employees is 10.
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- Employee Health: Each enrolled employee receives a Minimum Essential Coverage (MEC) plan, along with access to a wellness platform featuring digital therapeutics, unlimited counseling, health coaching, 24/7 telehealth, and more.
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- Retirement Savings: Employees obtain a guaranteed issued supplemental life policy with an average annual cash accumulation of $1,500, plus interest and living benefits.
Cost Structure:
- 100% of costs are covered by FICA tax reductions.
- No out-of-pocket expenses or reduced take-home pay.
- No deductibles, copays, or coinsurance.
Coverage Details:
- All qualified employees can enroll, with coverage starting immediately.
- New hires can enroll at any time, making PHI a compelling hiring and retention tool.
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Our Gift to HR:
- PHI operates as a done-for-you (DFY) program; we serve as your third-party administrator, handling all aspects of implementation and maintenance.
- PHI reduces HR workload and shields the organization from risks.
- As your effective TPA, we ensure compliance without burdening your team.
Compliance Standards:
- We offer a digital therapeutics platform that enhances health outcomes, decreases healthcare costs, and lowers outpatient care expenses, with an impressive 88% participation rate compared to the industry standard of 12%.
In summary, we deliver measurable results without disruption or extra costs. We also provide an audit-free guarantee, offering compliance data if needed.
We aim to be a valued partner in the growth and success of your organization.
To learn more about Project Blue’s Preventative Health Initiative.?
Contact:
Cheri Muniz
Sr. Capital Consultant
916-597-0314