How this stacks up against the alternatives.
Every comparison includes a section on when the alternative might actually be the right choice. We'd rather be honest about edge cases than pretend the program is universal.
By category
Both products call themselves federally-incentivized preventative care plans. Only one is consistent with the IRS Chief Counsel's published position. Here's the difference, and why it matters at audit time.
Supplemental insurance pays the employee cash when something bad happens. A preventative care SIMERP is structured the opposite way - it's about ongoing access and tax savings, not catastrophic events.
Doing nothing is a choice with a price tag. Here's what a 150-employee business spends every year by not adopting a SIMERP - and where that money goes instead.
By named product
Structural comparisons to specific Section 125 wellness products in market. We are not affiliated with these products and rely on their publicly available marketing materials.
Champ Plan and the EHP preventative care plan look similar on a sales page. Structurally, they are different categories of product - and that structural difference is what determines whether the tax savings hold up at audit.
Capstone Plan and the EHP preventative care plan both promise employer payroll-tax savings with no out-of-pocket cost. The structural difference between them is what determines whether the tax treatment holds up under scrutiny.
Multiple Oasis-branded Section 125 wellness products exist in the preventative care category. This page covers the structural questions that apply to any of them - and the differences vs. a SIMERP-structured plan.
Book a 30-minute discovery call.
No pitch - we walk through the program, your eligible head count, and rough numbers. You'll know in 30 minutes if this is a fit.