Health plans aren’t just about coverage anymore—they’re about cost efficiency, compliance, and employee satisfaction. And for many companies, the big question is: are we maximizing every tax-saving opportunity available? If you’re not leveraging a modern, integrated program like Health Sphere’s Core360, the answer is likely no.
Let’s unpack what makes Core360 one of the most tax-efficient benefit solutions in the market—and why it might be the competitive edge your business needs.
What is Core360?
Core360 is Health Sphere’s revolutionary employee benefit program built specifically for companies looking to save money while offering employees more value. It includes—but goes far beyond—a traditional 125 health plan structure.
Core360 brings together three powerful components:
- Form 125 for health plan compliance
- Preventative Care Management Plan (PCMP)
- Self Insured Medical Reimbursement Plan (SIMRP)
By combining these elements into one seamless program, Core360 creates a highly tax-efficient structure that benefits both employers and employees, without changing your current health plan or costing a dime out of pocket.
Why Form 125 for Health Plans Matters—But Isn’t Enough
The traditional Section 125 plan allows employees to pay for eligible benefits using pre-tax dollars. This reduces taxable income, which means both employers and employees pay less in taxes. Sounds great, right?
But here’s the truth: a basic 125 health plan only scratches the surface of what’s possible. Core360 builds on that structure using a fully managed, automated system that also includes PCMP and SIMRP, offering far more value, savings, and support than a standalone plan.
That’s why we say Core360 doesn’t just use a Form 125 for health plan compliance—it leverages it as part of something much more powerful.
Employer Benefits: Real Dollars, Real Impact
Employers using Core360 typically save about $600 per employee per year. That’s $60,000 in annual savings for a team of just 100 employees. And since there’s no out-of-pocket cost to implement Core360, every dollar saved goes straight to your bottom line.
Here’s what else employers gain:
- Reduced healthcare claims — average $1,400 savings per employee over 3 years
- Fast rollout — typically 30–45 days from start to finish
- Improved employee retention and performance
- Fully compliant and automated administration
These aren’t hypothetical numbers—Core360 is already improving results for more than 30,000 enrolled employees across the country.
Employee Benefits: More Value Without Sacrifice
For employees, Core360 delivers a 3–4% increase in net paycheck, about $100 more in take-home pay every month, without making any changes to their current coverage or salary.
That’s possible because Core360 reduces taxable income using a compliant Form 125 health plan structure, and then reinvests part of those savings into meaningful benefits, including:
- $0 copay Telehealth (doctors, nurses, behavioral health)
- Mental health and wellness support
- Mayo Clinic health dashboard and tools
- Universal Life, Critical Illness & Disability Plan
- Spouse and dependent coverage options
And the best part? There’s no reduction in take-home pay, no out-of-pocket cost, and nothing the employee needs to manage—everything is handled behind the scenes through Core360’s automated system.
Core360 vs. Traditional Section 125 Plans
It’s important to note that Core360 isn’t a Section 125 plan on its own. It includes a 125 health plan, but it goes several steps further to deliver unmatched benefits:
| Feature | Traditional 125 Plan | Core360 |
| Pre-tax premium deductions | ✅ | ✅ |
| Employee tax savings | ✅ | ✅ (plus take-home pay increase) |
| Employer payroll tax savings | ✅ | ✅ (avg. $600/year/employee) |
| Preventative Care Management (PCMP) | ❌ | ✅ |
| Self Insured Medical Reimbursement | ❌ | ✅ |
| Fully automated implementation | ❌ | ✅ |
| Wellness benefits | ❌ | ✅ |
| $0 cost for employer | ❌ (sometimes admin fees) | ✅ |
As you can see, Core360 takes the foundation of a Form 125 for health plan structure and turns it into a fully integrated, modern benefits solution that actually saves money while offering more.
Simple, Compliant, and Built for Scale
Core360 is designed for simplicity. Employers don’t need to change providers, alter existing health plans, or increase their budgets. Our team handles the setup, employee communication, compliance, and ongoing support, so you can focus on running your business.
We also ensure full compliance with IRS rules and benefits regulations. The integration of SIMRP and PCMP is done with meticulous attention to detail, giving your company peace of mind and protection from risk.
With more than 30,000 employees already enrolled, Core360 is proven, scalable, and ready to deliver results for businesses of all sizes.
Real Impact. No Risk. Big Reward.
If you’ve been relying on a traditional 125 health plan or skipping pre-tax benefits entirely, Core360 is a game-changer. It delivers the tax-efficiency of a Section 125 structure—but supercharges it with wellness support, preventative care, and financial protections that employees actually value.
And remember:
- No out-of-pocket cost for employers
- No change in employee take-home pay (in fact, a boost)
- Implementation in as little as 30 days
- Automated administration and compliance
- One of the most benefit-rich plans available
That’s why we believe better benefits should be simple, compliant, and truly beneficial for everyone.
Let’s Make Your Health Plan Work Smarter
At Health Sphere, our mission is to help businesses reduce tax waste, improve employee health, and create better workplaces—without adding cost or complexity. Core360 is our way of delivering on that promise.
Whether you’re an HR leader, CFO, or business owner, Core360 gives you the tools to unlock more from your health plan—and build a stronger, healthier team.
Ready to find out what your business could save?
Book your 10-minute consultation and get a free proposal by talking with an expert today!
