Gain added security with benefits like Accident, Critical Illness, Lifetime Benefit Term Insurance, and Disability Income packages, all at no out-of-pocket cost.
Access 24/7 telehealth services,
health coaching, addiction recovery, and
counseling without co-pays.
Enjoy wellness programs and track your health on a Personal Health Dashboard.
PCMP contributes to healthier employees and citizens, leading to a stronger and more productive workforce.
The PCMP program works by merging two government aid programs, the 125 Cafeteria Plan with the SIMERP (Self-Insured Medical Expense Reimbursement Plan). In this combination, both employers and employees receive dollar-for-dollar reimbursements for their contributions to the 125 Cafeteria Plan. This intelligent approach results in substantial tax savings for both parties involved.
Each pay cycle, when it’s time to cover the costs of supplemental benefits, employers pull funds directly from the gross tax savings generated by having the plan in effect. This strategic process guarantees that no out-of-pocket expenses are incurred by the employer to fund these additional benefits. Moreover, the savings retained on the balance sheet after one year – roughly $650 per employee in FICA tax payments – stand as a concrete and lasting advantage for the employer, solidifying the sustained financial benefits derived from the PCM program.
Experience a program that not only maximizes tax savings for employers but also enriches the lives of employees with valuable wellness benefits. Join PCMP today and open the door to financial efficiency and employee well-being.
