Save an average of $681 annually per employee with HealthShield by SilverPoint - built on IRS Section 125. HealthShield helps employers unlock payroll tax savings and enhance employee benefits - all at zero upfront or out-of-pocket cost. HEALTH SHIELD + QuestSelect™ Watch the 2.5-minute explainer video below Access and print your Member ID card HERE * Your QuestSelect Member ID is the same ID# found on your Personal Health Dashboard homepage Find a Quest Diagnostics location HERE

Save an average of $681 annually per employee with HealthShield by SilverPoint - built on IRS Section 125. HealthShield helps employers unlock payroll tax savings and enhance employee benefits - all at zero upfront or out-of-pocket cost. Pharmacy Care Formulary View / Download .pdf

Save an average of $681 annually per employee with HealthShield by SilverPoint - built on IRS Section 125. HealthShield helps employers unlock payroll tax savings and enhance employee benefits - all at zero upfront or out-of-pocket cost. Reference Links PLEASE NOTE: The links provided here offer extensive information on IRS Section 125 Cafeteria Plans, which have existed since 1978. While comprehensive, these resources may include exhaustive details beyond what is practical for most employers. At SilverPoint Strategies, we offer fully administered, turnkey solutions to minimize administrative burdens for your HR team. Our expert guidance ensures seamless implementation, allowing you to achieve maximum savings and employee benefits with minimal effort. Investopedia.com About the Section 125 (or Cafeteria) Plan Business.com What Are the Benefits of a Section 125 Plan? Workforce.com Understanding Section 125 Plans (Cafeteria Plans): Overview, Usage, and Establishment IRS.gov Tax Treatment of Employer-Funded, Insured, Fixed-Indemnity Wellness Policy Section 125 – Cafeteria Plans -- Modification of Application of Rule Prohibiting Deferred Compensation Under a Cafeteria Plan Section 105. - Amounts Received Under Accident and Health Plans (Also Section 213. - Medical, Dental, etc., Expenses) Publication 502, Medical and Dental Expenses [Detailed Section 213, Including 213(d)] Section 106. -- Contributions by Employer to Accident and Health Plans Frequently asked questions about medical expenses related to nutrition, wellness and general health More Info (Blog)

Employee benefits are more than just perks—they’re a competitive advantage. In an evolving workplace, employers are seeking smarter ways to support their teams and their bottom line. Enter Supplemental Preventative Care (SPC) Plans, built on the trusted framework of IRS Section 125. If you’re not familiar with how these plans work or why they’re such a buzzword, don’t worry. Let’s break it down. 1. IRS Section 125: The Foundation of Tax Savings IRS Section 125, often called a “Cafeteria Plan,” allows employees to allocate pre-tax dollars toward specific benefits. This lowers taxable income for employees while reducing payroll taxes for employers. It’s the rare win-win scenario in employee benefits. SPC Plans take this concept further by pairing IRS Section 125 tax advantages with a suite of preventative healthcare services. Think of it as tax savings with benefits that actually benefit. 2. Immediate Financial Impact for Employers Every employer’s favorite word? “Savings.” SPC Plans deliver an average of $561 in annual payroll tax savings per qualified employee. For mid-sized companies, that’s tens—or even hundreds—of thousands of dollars in savings. And here’s the kicker: these savings are visible as early as the next payroll cycle. Employers only pay a nominal, fixed monthly fee—but only after  these savings have already been achieved. Translation: zero risk, guaranteed reward. 3. Proactive, Preventative Care Is the Future The healthcare landscape is shifting. Employers can no longer afford to react to rising healthcare costs—they need to prevent them. SPC Plans include: Free biometric screenings  to identify health risks early. 24/7 telehealth access  for immediate care. Mental health resources  like therapy sessions and stress management tools. Cost-saving financial tools , including pre-tax options and common medication coverage. The result? A healthier workforce, fewer major medical claims, and long-term cost savings. 4. Employees Win, Too SPC Plans aren’t just about what employers save. They’re about what employees gain: Increased take-home pay  through pre-tax contributions. Improved access to care , from physical health to mental health. Reduced financial stress , thanks to lower out-of-pocket costs and built-in savings tools. Happier, healthier employees stay longer, work harder, and help build a stronger company culture. It’s a virtuous cycle of success. 5. Compliance? Handled. IRS, ACA, and HIPAA regulations are enough to make anyone’s head spin. Luckily, SPC Plans are designed with compliance baked in. From automated eligibility checks to seamless payroll integration, these plans take the burden off HR teams and keep everything running smoothly. Why This Matters in 2024 The start of a new year is the perfect time to evaluate your employee benefits strategy. Companies that embrace forward-thinking solutions like SPC Plans set themselves apart in a competitive job market. You’re not just keeping up—you’re leading. Want to learn more about how SPC Plans can revolutionize your benefits program? Let’s talk. About SilverPoint Strategies SilverPoint Strategies specializes in SUPPLEMENTAL PREVENTATIVE CARE (SPC) Plans. These plans are built on IRS Section 125 and paired with a best-fit provider to unlock significant payroll tax savings. Employers save an average of $561 per qualified employee annually, with savings realized as early as your next payroll cycle. Additionally, SPC Plans reduce claims on your existing primary medical plan, which can lower renewal costs and deliver even greater long-term savings. As an independent consultant, SilverPoint Strategies serves as your single point of contact, working solely in your best interest to align you with the most impactful and value-driven solutions. By continuously monitoring the market, we ensure access to the latest innovations and provide seamless guidance through every step of the process. With a commitment to white-glove service and meticulous attention to detail, we help maximize ROI, enhance employee benefits, and foster healthier, more engaged workplaces. Contact us today for a free no-obligation consultation.

The workplace isn’t what it used to be. A seismic shift in employee expectations has created a new reality: businesses must rethink how they attract, retain, and engage top talent. One solution stands out—Supplemental Preventive Care (SPC) Plans. Designed to meet the evolving demands of today’s workforce, these plans combine practical savings for employers with tangible benefits for employees. Let’s dive into why SPC Plans have become a game-changer in employee engagement and retention. Why Benefits Matter More Than Ever Employees today aren’t just looking for a paycheck. They’re prioritizing workplaces that support their overall well-being, and benefits packages are a significant part of that equation. While traditional health insurance might cover the basics, it’s no longer enough to set a company apart. Employees crave flexibility, preventive care, and mental health support—all areas where SPC Plans excel. Consider this:  In 2024, over a third of employees reported being actively on the lookout for new opportunities. That means businesses failing to offer competitive benefits risk losing top talent to organizations with more progressive offerings. How SPC Plans Revolutionize Employee Engagement SPC Plans take engagement to the next level with features that resonate with today’s workforce: Comprehensive Wellness:  From telehealth consultations to free DNA and biometric screenings, these plans empower employees to take control of their health proactively. Mental Health Focus:  Resilience-building programs, virtual therapy, and stress management tools help create a supportive environment where employees thrive. Financial Security:  With pre-tax savings and limited out-of-pocket healthcare costs, employees enjoy an immediate boost to their take-home pay. Employees who feel valued are more productive, less likely to call out sick, and far more likely to stick around—it’s that simple. Retention: The Hidden ROI of SPC Plans Retention isn’t just about keeping seats filled; it’s about cultivating a workforce that’s motivated and aligned with your company’s mission. Here’s how SPC Plans help: Lower Turnover:  By addressing physical, mental, and financial wellness, these plans remove some of the most common stressors that lead to job dissatisfaction. Boosted Loyalty:  Employees who see their employer investing in their well-being are far less likely to look elsewhere for work. Sustainable Productivity:  A healthier workforce means fewer sick days and greater output—all while creating a culture of care. The Bigger Picture Workplace stress and burnout have been on the rise, with studies showing that a staggering 77% of employees experienced burnout at some point last year. Organizations that prioritize preventive care and wellness send a clear message: “We care about more than just the bottom line—we care about you.” SPC Plans deliver measurable results. Companies experience lower payroll taxes, reduced medical claims, and higher employee satisfaction, creating a ripple effect of positive outcomes. Ready to Transform Your Workforce? Investing in SPC Plans isn’t just smart business—it’s a strategic advantage. By addressing the holistic needs of your employees, you’re not only improving their lives but also strengthening the foundation of your organization. That’s what we call a win-win. Explore the potential of SPC Plans today. Your employees—and your bottom line—will thank you. About SilverPoint Strategies SilverPoint Strategies specializes in SUPPLEMENTAL PREVENTATIVE CARE (SPC) Plans. These plans are built on IRS Section 125 and paired with a best-fit provider to unlock significant payroll tax savings. Employers save an average of $561 per qualified employee annually, with savings realized as early as your next payroll cycle. Additionally, SPC Plans reduce claims on your existing primary medical plan, which can lower renewal costs and deliver even greater long-term savings. As an independent consultant, SilverPoint Strategies serves as your single point of contact, working solely in your best interest to align you with the most impactful and value-driven solutions. By continuously monitoring the market, we ensure access to the latest innovations and provide seamless guidance through every step of the process. With a commitment to white-glove service and meticulous attention to detail, we help maximize ROI, enhance employee benefits, and foster healthier, more engaged workplaces. Contact us today for a free no-obligation consultation.

In 2024, the workplace is more dynamic than ever, with employee benefits at the forefront of organizational priorities. Supplemental Preventative Care (SPC) Plans have emerged as game-changers in this evolving landscape. Beyond traditional benefits, these plans redefine what it means to support employees holistically. From financial savings to mental health support, SPC Plans offer more than a safety net—they’re a springboard for thriving workplaces. Here are 10 ways SPC Plans are reshaping employee benefits this year and setting the stage for a more sustainable and engaged workforce. 1. Boosting Take-Home Pay SPC Plans leverage pre-tax contributions, allowing employees to stretch their dollars further. By reducing taxable income, workers see increased take-home pay every payroll cycle—a tangible benefit employees value. 2. Driving Employer Savings Employers benefit, too. SPC Plans reduce payroll tax liabilities, leading to average annual savings of $561 per employee. These savings quickly add up, creating opportunities for reinvestment in the business. 3. Supporting Mental Health Mental health is no longer an afterthought. With resources like counseling, stress management tools, and peer support networks, SPC Plans address psychological well-being head-on. Healthier minds lead to healthier teams. 4. Delivering Comprehensive Wellness SPC Plans include offerings such as biometric screenings, telehealth services, and DNA testing. These proactive measures empower employees to take control of their health and identify risks early. 5. Empowering Financial Security From student loan repayment options to pre-tax savings on healthcare expenses, SPC Plans tackle financial stress—one of the leading causes of workplace burnout. Financially secure employees are more focused, engaged, and loyal. 6. Enhancing Recruitment Strategies In a competitive job market, offering SPC Plans sets organizations apart. Potential hires increasingly seek employers that prioritize their well-being. SPC Plans send a clear message: this company cares. 7. Improving Retention Rates Keeping top talent is easier when employees feel valued. SPC Plans foster loyalty by addressing critical needs, from health to financial stability. Employees are less likely to jump ship when they see their employer investing in their future. 8. Reducing Healthcare Costs Preventive care measures reduce the strain on major medical plans, resulting in fewer claims and lower renewal costs. This creates a ripple effect of savings for employers while keeping premiums manageable for employees. 9. Enhancing Flexibility With customizable options, SPC Plans cater to a diverse workforce. Employees can select benefits that align with their unique needs, whether it’s mental health services, telehealth access, or financial wellness programs. 10. Strengthening Employer Branding Offering SPC Plans reinforces an organization’s image as forward-thinking and employee-centric. This not only attracts new talent but also enhances the company’s reputation in the market. Looking Ahead SPC Plans are more than just a benefits package—they’re a strategic advantage. As organizations continue to navigate 2024, investing in these innovative plans can yield significant returns for both employers and employees. By prioritizing holistic wellness, financial stability, and proactive care, SPC Plans set the gold standard for modern workplace benefits. Now is the time to evolve. Discover how SPC Plans can transform your organization’s approach to employee care and drive lasting success. About SilverPoint Strategies SilverPoint Strategies specializes in SUPPLEMENTAL PREVENTATIVE CARE (SPC) Plans. These plans are built on IRS Section 125 and paired with a best-fit provider to unlock significant payroll tax savings. Employers save an average of $561 per qualified employee annually, with savings realized as early as your next payroll cycle. Additionally, SPC Plans reduce claims on your existing primary medical plan, which can lower renewal costs and deliver even greater long-term savings. As an independent consultant, SilverPoint Strategies serves as your single point of contact, working solely in your best interest to align you with the most impactful and value-driven solutions. By continuously monitoring the market, we ensure access to the latest innovations and provide seamless guidance through every step of the process. With a commitment to white-glove service and meticulous attention to detail, we help maximize ROI, enhance employee benefits, and foster healthier, more engaged workplaces. Contact us today for a free no-obligation consultation.