streamline health
Tax-Advantaged, Supplemental Group Health Plan
Streamline Health is a supplemental health plan that lowers your tax burden, increases your revenues and provides employees with superior healthcare at a fraction of the cost.
What is Streamline Health?
1
Streamline Health is a supplemental health plan
It doesn’t replace primary health insurance – but adds to it. Our plan offers significant tax benefits that raises employees’ net income, lowers your company’s FICA tax, raises your EBITDA and can save millions of dollars.
2
Free & low-cost coverage for 450+ claimable events
Streamline Health covers small & medium claim events, including over 450 Preventative care events. Our plan automatically pays for these claims, so your primary health plan never knows these claims even occur – which means they’ll never be registered as claims, copays or deductibles.
3
lower expenses, higher revenues & better coverage
The net result is a HUGE reduction in claims, and for both health and workers comp premiums. All of this lowers costs for both employees and employers (who often pay a portion of deductible and out of pocket expenses).
What is Streamline Health?
1
Streamline Health is a supplemental health plan
It doesn’t replace primary health insurance – but adds to it. Our plan offers significant tax benefits that raises employees’ net income, lowers your company’s FICA tax, raises your EBITDA and can save millions of dollars.
2
Free & low-cost coverage for 450+ claimable events
Streamline Health covers small & medium claim events, including over 450 Preventative care events. Our plan automatically pays for these claims, so your primary health plan never knows these claims even occur – which means they’ll never be registered as claims, copays or deductibles.
3
lower expenses, higher revenues & better coverage
The net result is a HUGE reduction in claims, and for both health and workers comp premiums. All of this lowers costs for both employees and employers (who often pay a portion of deductible and out of pocket expenses).
Benefits for employees
Higher Income, More Coverage
- Employees pay a $1,200 monthly premium
- This premium counts as a 125 Tax Deduction on their paycheck, which automatically lowers their pre-tax income
- Their net income (after tax) is HIGHER when they enroll in the Streamline Health Plan
- If the employee chooses not to enroll in Streamline Health, they lose the 125 Deduction
450+ preventative care events
Core Plan Benefits
- $0 Co-Pay for Preventative Care
- $0 Co-Pay for Unlimited Primary Care Doctor / Urgent Care Visits
- $0 Co-Pay for Unlimited Prescriptions
- $0 Co-Pay for Virtual Direct Primary Care
- $0 Personal Health & Mental Health Consultations
fica tax benefits
Employer Tax Savings
- Employers receive a FICA tax deduction for each enrolled employee
- The net FICA deduction is $47.80/month per employee
- For a practice of 100 employees, this equals a guaranteed savings of $57,360 per year
- FICA deductions are taken every pay period
lower costs across the board
Employer Healthcare Savings
- Employers save via lower premiums and out-of-pocket costs, and reimbursement from group savings plans
- Several major health plans also offer a 8-11% premium discount when paired with Streamline Health
- The next result of the combined lower expenses and tax liabilities is EBITDA and enterprise value