When exploring health insurance options for employees, businesses often default to traditional group plans, but alternatives like Medical Expense Reimbursement Plans (MERPs) offer unique benefits.
MERPs allow employers to reimburse employees for eligible out-of-pocket medical expenses, providing flexibility, cost savings, and tax advantages.
This guide highlights the differences between MERPs and traditional insurance plans, showcasing how they can benefit employers, employees, and insurance brokers alike while reducing overall healthcare expenses.
This guide will discuss some advantages of MERPs including:
- Reduced Costs
- Customizable Plans
- Tax Savings
Download the guide today to discover the difference.
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