Skyrocketing health insurance costs are a challenge, but the FlexSystem helps both employers and employees save money. Employers can save an average of $300 per employee in payroll taxes by offering employees this IRS Code Section 125 Cafeteria Plan on a pre-tax basis, and employees save on their State, Federal and FICA taxes — without sacrificing choices.
Employers use our services to handle administration and operation of the plan, where eligible services are purchased with pre-tax money. The most common expenses include: