BASE® Announces Complimentary Benefit Analysis for Small Business
Businesses find big savings in money saving benefit plans, including Health Reimbursement Arrangement & 125 Cafeteria Plan options
Online, October 5, 2010 (Newswire.com) - BASE® is providing a complimentary benefit analysis to businesses, whether they are looking to enrich current benefit plans or implement cost saving measures. Businesses taking advantage of this complimentary service will be able to outline the savings that can be seen by utilizing any one of the benefit options available from BASE®.
While BASE® does not sell health insurance; they do offer a variety of health benefit plans that include:
• BASE® HRA: allows qualified sole proprietors, partnerships, C and S corporations and LLC's the opportunity to save an average of $3800 in tax savings each year on family medical expenses.
• BASE® HRA+: helps employers cut health care costs by shifting more responsibility to their employees regarding the management of their health care expenses. The HRA+ can benefit small business owners whether or not they currently offer group health insurance, and can be layered with other health benefit plans.
• BASE® 125 Cafeteria Plan: provides payroll tax savings on health care and dependent care expenses through one of the following options.
- Premium Only Plan (POP): allows employees to pay their insurance premium expenses on a pre-tax basis for group health insurance coverage or voluntary products.
- Flexible Spending Account (FSA): allows employees to pay their out-of-pocket medical expenses on a pre-tax basis.
- Dependent Care Assistance Plan (DCAP): gives employees an opportunity to pay their child and/or dependent care expenses on a pre-tax basis.
- Health Care Premium Reimbursement (HCPR): allows employees with individual health coverage to pay for it on a pre-tax basis through payroll.
Amidst continuous healthcare reform amendments and a turbulent economy, businesses can be providing affordable health care benefits now. BASE® will provide you with the information you need to make an educated decision about the various benefit options available based on the current needs of your business.
BASE® will work directly with any employer interested in this complimentary service or with their broker. Simply contact BASE® at 1-888-386-9680 in order to take advantage of your complimentary benefit analysis today.
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Tags: Affordable Healthcare, cafeteria plan, Employee Benefits, Health Reimbursement Arrangement, HRA