SIMRP self-insured medical reimbursement plan

SIMRP is an employer-sponsored participatory program designed to reduce healthcare costs and enhance employee benefits. It includes a certified wellness program, and is available at no net cost to the employer.

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Save $500-$600 in employer payroll taxes per eligible employee.

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Reduce worker's comp costs approximately 10%-40% by reducing gross payroll.

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Some worker's comp insurance companies offer discounts for employee wellness programs.

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No net cost Insurance and wellness benefits are very valuable to employees and can reduce employee turnover costs.

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Employee Wellness Benefits

SIMRP Program creates access to a huge variety of wellness benefits for your employees. The wellness benefits go far beyond the normal benefits other companies offer that typically cost your organization or your employees a lot of money to buy. The wellness benefits give your employees access to the resources they need to improve their physical and mental well-being. The best part is there is no net cost to employers or employees for the SIMRP Program.

SIMRP self-insured medical reimbursement plan

14 Employee SIMRP Program Sample Client Savings

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This company is saving $7,683 per year in employer payroll taxes.

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Reduced gross payroll by $177,330 creating 23% worker's comp insurance savings.

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Their employees get an average of $164 per month to spend on insurance benefits.

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All employee/employer admin fees are paid for with payroll tax savings.