Webfire Themes Weebly Templates
    Chad Larson Health
    info@ChadLarsonHealth.com
    (402) 209-0831
    • Home
      • Testimonials
      • Seminars
      • Feedback
    • Get A Quote
    • Individual & Family Insurance
      • Health Insurance Marketplace
      • Altrua Health Share
      • Association Group Health Plan For Individuals
      • Medicare
      • Short Term Health Policy
      • Dental Insurance
      • Vision Insurance
      • Life Insurance
      • Travel Insurance
    • Employer Private Health Marketplace
    Helping Employees With Health Insurance without Providing A Group Plan
    BASE®’s new Choice Incentive Plan plan is designed for employers who want to reduce the cost of health insurance for their employees, but aren’t interested in sponsoring a group health plan. This taxable benefit provides a predetermined allowance to help employees lower and offset the cost of purchasing their own health insurance policy and requires proof of payment.

    You may know some business owners that provide their employees with a similar type of plan, but it often happens without any formalized or written guidelines in place. The BASE® Choice Incentive Plan can help employers like you set up a plan so it is done legally and in compliance with the Affordable Care Act.

    So how does it work? It is fairly simple.

    1) The employer sets a fixed dollar amount to go towards individual insurance plans, including health insurance premiums (on or off Exchange), supplemental insurance premiums (all types including disability), and life insurance (Term, Whole, Universal). The employee has the choice on what type of health coverage, so it fits their needs.

    2) The employee then must provide proof that they did, in fact, use the benefit dollars provided by the employer to purchase health insurance. The employee submits the proper documentation to BASE®.

    3) The employer then pays the defined benefit amount to the employee which is made to the employee on an after-tax basis.

    Essentially this benefit plan separates wages from benefit dollars with simple administrative tools.

    BASE® Choice Incentive Plan Frequently Asked Questions:
    Why would an employer adopt a BASE® Choice Incentive Plan?
    Is it true that an employer can set different incentive levels according to employee class?
    How does an employer know that employees are actually using this money for health insurance premiums?
    How often do reimbursements take place?
    Is this considered a pre-tax benefit plan?

    Back

    QUESTIONS? CALL 402-209-0831 OR SCHEDULE AN APPOINTMENT TODAY!

    appointment
    CONTACT US
    Phone: 402-209-0831
    Fax: 1-855-285-7891
    Email: info@ChadLarsonHealth.com

    Chad Larson Health
    Nebraska City Center for Children and Families
    917 Wildwood Lane
    PO Box 793
    Nebraska City, NE 68410-0793
    SERVICES OFFERED 
    Health Insurance
    ​Health Share

    Medicare
    Dental Insurance
    Vision Insurance 
    Life Insurance
    Travel Insurance
    Employer Private Health Marketplace
    Chad Larson Seminars &  Workshops
    QUICK LINKS 
    What Do You Gain By Using Your Local Broker/Agent?
    Senior Drug  List Form
    Medicare Eligibility Calculator
    Marketplace Agent Code Instructions
    Subscribe To Our Mailing List
    Privacy Policy
    Legal Disclaimer
    Get A Quote
    Chad Larson Health Logo
    Healthcare.gov
    National Producer Number (NPN):  3193371
    Federally Facilitated Marketplace (FFM) ID:  CLARSON1

    Marketplace Agent Code Instructions

    © 2017  Chad Larson Health - All rights reserved  
    Back to top