BenefitMall Power125

BenefitMall Power125 offers a variety of Section 125 and 132 plans guaranteed to meet the needs of your clients.  With over 20 years of experience, our dedicated Team is skilled in delivering the fastest, easiest, and most trusted benefits selling and service experience to our customers.   

BenefitMall Power125 is an innovative and simplified approach to maximizing spending with health plans and benefits that work for you. Supported by technology, our suite of products provide:

• In-House Administration 

• Ease of access with Employer and Employee portals to submit claims

• Ability to track payments and view statement balances

Our Products

Health Savings Accounts (HSA)

An employee-owned account that is paired with a qualified high-deductible health care plan, an HSA encourages employees to understand the costs associated with their health care choices while it helps them – and employers – save money on taxes.  

Health Reimbursement Accounts (HRA)

Our HRA is a “promise to pay” account that is tax-advantaged for both employers and employees. Funds can be rolled over from year to year or even into an account that can be used after retirement. It’s considered “the account that plays well with others” because it works with any carrier’s health care plan.

Flexible Spending Accounts (FSA)

Our tax-advantaged FSA is designed to pay for qualified out-of-pocket health care expenses that are not reimbursed under a health care plan, like co-pays and deductibles. We also offer FSAs for dependent care. Our service model includes prompt claims processing, Debit MasterCard® cards and online reimbursement requests. FSAs can complement HSAs and HRAs or be offered on their own.

Premium Only Plan (POP)

A Premium Only Plan provides a legal document that allows for tax-exempt treatment of employee premium contributions to certain employer-sponsored group benefit plans. These types of plans include medical, vision, dental and supplemental. By these deductions being pre-tax, they can generate substantial tax savings for the employee and employer since FICA taxable wages are reduced by the deduction amounts.

For additional information on the BenefitMall Power125 products contact Patti Reimer today!

Email: Patti.Reimer@BenefitMall.com

Direct: (925) 969-3203