SIMERP - Self-Insured Medical Expense Reimbursement Plan
Employer-sponsored wellness program that reduces healthcare costs for both employers and employees while providing comprehensive benefits at zero net cost.
Beyond Traditional Employee Benefits
- Save up to $900 per W-2 employee annually
- Reduce worker's compensation premiums by up to 30%
- Zero net cost to employees
- Fully compliant with IRS, ERISA, HIPAA, and ACA regulations
How SIMERP Works
Consultation & Assessment
Schedule a consultation with our SIMERP specialists to assess your company's needs and eligibility. We'll review your employee census and current benefits structure.
Unlike traditional benefit providers, we focus on creating a win-win solution for both employers and employees.
Receive Custom Proposal
Our team creates a customized SIMERP proposal based on your specific business requirements and employee demographics.
We calculate exact savings potential and demonstrate how the program integrates with your existing payroll and benefits.
Implementation & Enrollment
Seamless integration with your payroll system and employee enrollment process. Our white-glove service ensures smooth implementation.
Dedicated client service manager provides ongoing support throughout the enrollment process and beyond.
SIMERP Solutions for Every Business
Employer Benefits Package
Comprehensive cost-saving solutions designed to reduce your business expenses while improving employee satisfaction and retention.
- Up to $900 annual savings per employee
- 30% reduction in worker's compensation premiums
- Seamless ACA compliance
- No upfront fees or hidden costs
Employee Wellness Program
Comprehensive health benefits for your employees at zero net cost, funded through tax savings and compliant program structure.
- 24/7 telemedicine access
- Comprehensive dental and vision coverage
- Guaranteed issue life insurance
- Health coaching and wellness programs
Technology Integration
Advanced technology platform that integrates seamlessly with any payroll system, providing maximum efficiency with minimal administrative burden.
- Works with every payroll company
- Automated compliance tracking
- Employee dashboard and mobile app
- Real-time reporting and analytics
Compliance & Support
Full regulatory compliance with dedicated support to ensure your SIMERP program meets all federal and state requirements.
- IRS Section 125 Cafeteria Plan compliance
- ERISA, HIPAA, and ADA compliant
- Dedicated client service manager
- White-glove implementation support
Ready to Transform Your Employee Benefits?
Join thousands of businesses that have reduced costs and improved employee satisfaction with SIMERP.
Call 1-888-771-4677What Our Clients Say
Jennifer Martinez
"SIMERP has been a game-changer for our company. We're saving over $15,000 annually while providing better benefits to our employees. The implementation was seamless and our employees love the comprehensive coverage."
Robert Chen
"The worker's compensation savings alone paid for the entire program. Our Monday morning claims dropped significantly, and employee satisfaction has improved dramatically since implementing SIMERP."
Lisa Thompson
"As a professional services firm, controlling costs while attracting talent is crucial. SIMERP allows us to offer premium benefits without the premium cost. It's truly a win-win solution."
Frequently Asked Questions
How does SIMERP save money for employers?
SIMERP reduces your payroll taxes through IRS Section 125 Cafeteria Plan compliance, saving up to $900 per employee annually. Additionally, the wellness components help reduce worker's compensation claims by up to 30%, particularly Monday morning claims which represent 70% of all work comp incidents.
Is there really no cost to employees?
Correct. The program is structured so that tax savings from the pre-tax deductions cover the cost of benefits. Employees receive comprehensive health benefits, insurance coverage, and wellness programs without any reduction in their take-home pay.
What makes SIMERP compliant with federal regulations?
SIMERP is fully compliant with IRS codes 213(d), 106(a), 105(b), and all applicable ERISA, HIPAA, and ADA regulations. The program is structured as an Integrated 105 plan paired with ACA-approved medical coverage to ensure complete compliance.
How quickly can we implement SIMERP?
Implementation typically takes 30-45 days from acceptance. We coordinate with your payroll provider to ensure seamless integration. Enrollment periods are scheduled for the 1st-10th of the month following acceptance, with new employees able to join when hired.