Most business owners think they’ve squeezed every dollar out of payroll and healthcare costs. You know the drill, cut here, tweak there, hope it all balances. But there’s a tool a lot of people ignore: a Section 125 benefit plan. Yeah, it sounds like just another IRS thing, but done right, it can actually save your business money while giving your team benefits that matter.
A section 125 benefit plan lets employees use pre-tax dollars for certain benefits. For employers, that translates to lower payroll taxes and reduced healthcare costs. Programs like HealthSphere’s Revive and Thrive plans are built on these rules. They’re fully compliant with IRS Section 125, but they’re also designed to actually make life better for employees and their families. No fluff. Real savings. Real perks.
Why Employers Should Care
Healthcare costs are high. They’re a weight on your bottom line every single year. A Section 125 benefit plan helps lighten that load. Payroll tax savings, reduced healthcare spend, it all adds up. But the real win? Employees actually see and feel the benefits. And when employees and their families are taken care of, morale goes up, retention improves, and people show up ready to work.
This isn’t about giving something small and calling it a “perk.” With HealthSphere, employees get meaningful coverage for themselves and their families. Family coverage, mental health support, and $0 copays aren’t just bullet points; they’re game-changers.
Spotlight on Revive
Let’s start with Revive. This is HealthSphere’s big hitter. Employers see $1,100 saved per W2 employee every year, plus a 5–10% cut in healthcare costs. That’s serious money hitting your bottom line without touching your current payroll or benefits setup.
Employees? They get coverage that actually works for real life:
- 24/7 Telemedicine & Virtual Care
- Family Coverage with 12 Annual Care Visits
- Employee Assistance Program (EAP)
- Mental Health & Counseling
- Mayo Clinic Programs
- Minimal Essential Coverage (MEC)
- Group Term Life Insurance ($60–$100/month)
- Discounts on Vision, Dental & Prescriptions
- RX Coverage with $0 copays
- In-person Urgent Care with $0 copays
Focus on the big wins: Group Term Life Insurance and family coverage. These aren’t just “nice-to-haves.” They’re the kind of benefits that make employees feel protected, secure, and valued. And everything, including prescriptions, comes with a $0 out-of-pocket cost. That’s rare.
Thrive: A Smart Alternative
Not every business needs all the bells and whistles of Revive. For those who want solid savings with a leaner approach, Thrive is the answer. It also runs on a Section 125 benefit plan, saving $600 per W2 employee per year while cutting 5–10% off healthcare costs.
Employees get perks that actually matter:
- Increase in Net Pay by $100/month
- 24/7 Telemedicine & Virtual Care
- Spousal & Dependent Coverage
- Employee Assistance Program (EAP)
- Mental Health & Counseling
- Mayo Clinic Programs
- Addiction Recovery Support
- Couples Counseling & EAP
- Health Vitals Facial Scan Tool
- Diet & Stress Programs
- $0 copays for all services
Thrive keeps family coverage front and center and ensures employees never pay out-of-pocket. Telemedicine, mental health support, and diet programs are things employees use and appreciate every day.
The Bottom Line
A Section 125 benefit plan isn’t just a tax move. It’s a chance to save money, protect your employees, and give your company a competitive edge. With HealthSphere handling compliance and administration, it’s practically effortless.
Why It Works
- Immediate Tax Savings: $600–$1,100 per W2 employee annually, depending on the plan
- Healthcare Cost Reduction: 5–10% cut in overall company healthcare spend
- Comprehensive Employee Coverage: Telemedicine, mental health, Mayo Clinic programs, and more
- Family-Friendly: Spouse and dependent coverage included
- $0 Copays: All benefits, including prescriptions, are fully covered
- Group Term Life Insurance: Vital protection for employees and families
- Easy Implementation: HealthSphere handles the hard parts
Why You Should Act Now
Employees expect more. They want benefits that actually cover their lives, not just a line on a sheet. Offering a Section 125 benefit plan like Revive or Thrive lets you deliver without raising payroll.
For a company with 50 employees, Revive alone could save over $50,000 a year in payroll taxes. That’s money you can reinvest in growth, new hires, or even extra employee perks. And your team? They see the value instantly. Family coverage, $0 copays, and mental health support, they feel protected, cared for, and appreciated.
Take the Next Step
If you’ve been looking for a way to cut costs, improve benefits, and actually make your employees’ lives better, a Section 125 benefit plan is worth a look. HealthSphere makes it simple to implement Revive or Thrive, giving you real savings, family-friendly coverage, and fully compliant plans under IRS Section 125.
Don’t wait. Start saving money and giving your employees benefits that actually matter. Reach out to HealthSphere today and see which plan fits your business best.
[ See How Much You Could Save ]
Frequently Asked Questions
What is a Section 125 benefit plan?
A Section 125 benefit plan allows employees to pay for qualified benefits using pre-tax dollars. This lowers payroll taxes for employers and increases employee value without raising wages or adding new out-of-pocket costs.
How does a Section 125 plan save employers money?
By reducing taxable payroll, employers pay less in FICA taxes. Depending on the plan, businesses can save $600 to $1,100 per W2 employee each year while also lowering overall healthcare expenses.
Do these benefits cover employees’ families?
Yes. Both Revive and Thrive plans include coverage for spouses and dependents. All benefits apply to the employee and their family, including telemedicine, mental health services, and prescription coverage with $0 copays.
Is the plan compliant with IRS Section 125 rules?
Yes. The plans are fully structured to comply with IRS Section 125 requirements. Administration and compliance are handled for you, so employers get the savings and benefits without added complexity or risk.
