The math
The math makes sense.
No projections resting on optimism. The savings come from payroll taxes you are already paying, and they start with your next payroll cycle.
01 · Your number
Run your estimate.
The question
How much does SIMERP save per enrolled employee?
The published program average is $93.33 per enrolled employee per month in FICA savings. After every program and administration cost, $53.33 stays with your business, roughly $640 per enrolled employee per year. Multiply by your headcount for the estimate; your exact figure comes from your own payroll.
Estimate based on the published program average of $640 per enrolled employee per year. Results vary by state, salary mix, and plan structure. Your exact number comes from your Recovery Ledger, built from your actual payroll.
Start My Savings Assessment02 · The employee side
More take-home pay, plus care.
The same election that lowers your FICA bill lowers your employees’ taxes too. Their gross pay does not change, and their existing group health plan stays exactly where it is. What changes is their taxable wages, so less tax comes out of the check.
In a modeled example for an employee earning $44,460 per year in Virginia, take-home pay rose by $160.88 per month. Results vary by state, salary, and plan structure. Your assessment walks your own payroll line by line.
The question
Does employee take-home pay go up or down?
It goes up. The pre-tax election lowers the wages each employee is taxed on, which lowers their federal, state, Social Security, and Medicare taxes. In a modeled example, an employee earning $44,460 per year took home $160.88 more per month, and also gained zero-copay medical care for themselves and up to 6 legal dependents.
- No changeto gross pay, or to the group health plan they already have
- $160.88more per month in the modeled example, after all program costs
- $0copays, deductibles, or fees for the care itself
03 · The layers
Three layers of value, stacked.
The question
Where do the savings actually come from?
From payroll taxes you are currently paying but are not required to pay. IRS Publication 15 states that medical care reimbursements under an employer’s self-insured medical reimbursement plan are not wages and are not subject to social security, Medicare, and FUTA taxes. Better claims history then compounds the savings at renewal.
- 01
FICA savings
Immediate, starting with your first payroll after launch. This is the layer the calculator estimates.
- 02
Redirection of care
Half of group insurance claims come from pharmacy and routine care. When employees have zero-cost virtual care, those small claims stop hitting your primary plan, and your claims history improves.
- 03
Renewal savings
Better claims history compounds: lower renewal rates on your primary plan, year after year.
The estimate is close. Your Recovery Ledger is exact.
Start with the Savings Assessment. Three minutes, an estimate on the spot, and a 20 minute Discovery Call if it looks like a fit. No cost, no obligation.