Premium Only Plan

A Premium Only Plan allows for employees to make pre-tax premium payments, providing an IRS compliant avenue for pre-tax payroll deductions – providing tax savings to both the employer and the employee. 

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How Does it Work?

  • A member pays $400/month for health insurance premiums. With a POP, $400 is deducted before taxes
  • Employer Savings: Estimate $30/month or $367/year per member in payroll taxes

A Pop Can Facilitate Pre-Tax Premium Payment For:

 

  • Health Insurance Premiums
  • Dental Insurance Premiums
  • Cancer Insurance Premiums
  • Critical Illness Insurance Premiums
  • HSA Contributions
  • Group Term Life Insurance Premiums (up to $50,000)
  • Vision Care Insurance Premiums
  • Accident Insurance Premiums

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Choose your Surency account type below to log in and access your account. Reimbursement accounts include FSA, DC FSA, LP FSA, HSA, HRA, Commuter, LSA, QSEHRA, Adoption Assistance, Travel Benefits, Direct Billing and Premium Only Plans.

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