Boosting Benefits Without Raising Costs
How a healthcare provider enhanced wellness programs and achieved $123K in annual tax savings with zero cost increase.
Total annual tax savings
Employees covered
Net pay impact
Overview
A large healthcare organization with over 200 employees partnered with a benefits optimization program to improve employee well-being while maximizing tax savings. Facing rising costs and benefit fatigue, they implemented a pre-tax wellness program with no disruption to existing plans. The result? Expanded no-cost care options, higher satisfaction, and significant financial returns, without changing take-home pay.
Objectives
The healthcare organization sought to enhance wellness programs and reduce payroll tax liability, without raising costs or affecting employee take-home pay.
Enhance Wellness
Expand employee wellness options and support
Reduce Tax Liability
Maximize tax savings through strategic benefit design
Maintain Costs
No increase in costs or impact on take-home pay
The Solution
The organization launched a no-cost, pre-tax wellness program offering comprehensive services. The plan integrated seamlessly with existing coverage and required minimal administrative effort.
Program Features:
The Results
Financial Impact
Program Benefits
- Expanded wellness coverage
- Higher employee satisfaction
- Reduced administrative burden
- Improved employee retention
- Enhanced company reputation
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