With today’s competitive job market, it’s no longer sufficient to provide employees with simply health insurance and paid time off. Employees want true value benefits that enhance their day-to-day lives, contribute to their well-being, and put more money in their pockets. That’s where Core360 by Health Sphere comes in.
Core360 is not your average benefits plan. It tactically uses Section 125 cafeteria provisions and combines a Preventative Care Management Plan (PCMP) and a Self-Insured Medical Reimbursement Plan (SIMRP) all under one cohesive, automated package. The outcome? A completely compliant, no-cost solution for employers and a more adaptable, higher-value experience for employees.
Let’s take a closer look at why employers nationwide are looking to Core360 and why it could be the most intelligent benefit choice your business makes this year.
What Is Core360 and Why Is It Special?
At first blush, Core360 may seem like a high-end version of a cafeteria 125 plan. But it’s much more sophisticated.
Traditional Section 125 cafeteria plans enable employees to pay for qualified benefits pre-tax, lowering their taxable income. Core360 takes several steps beyond that by marrying:
Section 125 cafeteria benefits
- A managed Preventative Care Management Plan (PCMP)
- A Self-Insured Medical Reimbursement Plan (SIMRP)
The three components build one of the most compliant, automated, and benefit-laden programs available today with no modification to existing insurance, no out-of-pocket expense, and no disruption.
Designed for Growth-Minded Employers
Core360 is tailored specifically for mid- to large-sized organizations (40,000+ enrolled employees), delivering immediate results with minimal effort. Here’s how it assists employers in winning:
- Save ~$600/year per W2 Employee
- That’s $60,000 in savings annually for every 100 employees—just by using Core360.
- No Out-of-Pocket Costs or Plan Changes
Don’t have to change your current health plan. Core360 layers on top of it, ensuring integration is easy and risk-free.
Reduced Claims = Long-Term Savings
Core360 reduces average claims by $1,400 over three years through preventative care and guided services that keep employees healthier.
- Fast, Automated Rollout
Your business can be up and running with Core360 in 30–45 days, with automated onboarding and compliance assistance.
- Boost Retention & Performance
With increased benefits and financial benefits, employees feel more engaged and valued, decreasing churn and improving workplace satisfaction.
- Empowering Your Employees with More Choices
While Core360 generates savings for your company, the magic is what it brings to your employees, without putting a single dollar in their paycheque.
- Increase in Take-Home Pay
With the cafeteria 125 plan deductions and pre-tax structure, employees enjoy an increase of 3–4% in their net paycheck, which translates into $100 or more a month.
- $0 Copay for Telehealth, Coaching & Wellness
Unlimited 24/7 telehealth, nurse, wellness coaching, and more—no copay needed.
- Mental Health Support
From anxiety and stress to addiction coaching and counseling, Core360 includes mental wellness resources commonly overlooked by traditional plans.
- Mayo Clinic Wellness Tools
Employees receive access to best-in-class wellness resources, health dashboards, and tools backed by the Mayo Clinic.
- Family Coverage
Coverage doesn’t stop at the employee, with increased coverage for spouses and dependents added.
- Critical Illness, Disability & Life Insurance
Core360 provides worthwhile coverage for life’s unexpected moments—giving your team peace of mind.
Over 50,000 employees are already on board with Core360—and reaping the financial and health benefits every day.
Why Core360 Is a Smarter Section 125 Cafeteria Alternative
Most employers view cafeteria 125 plan deductions as a means to cut out some taxable income and provide flexibility. But Core360 turns that simple concept into a robust wellness and savings powerhouse.
It leverages Section 125 cafeteria functionality while going much deeper—with managed preventative care and self-insured reimbursements. The result is:
- Simpler administration
- Fully compliant program structure
- Better engagement and adoption
- A healthier, happier workforce
- And best of all, there’s no financial risk to the employer.
- Built for Compliance, Backed by Experts
Many employers shy away from innovative benefit structures out of fear—fear of IRS rules, audits, or administrative headaches. Health Sphere eliminates all of that concern.
Fully Compliant by Design
Core360 is designed with a backbone of IRS-compliant frameworks, integrating Section 125 benefits with PCMP and SIMRP in an organized, auditable format.
- Automation Does the Heavy Lifting
From sign-up to enrollment and reporting, the Core360 platform manages it all, saving you time and safeguarding your team.
- Expert Support, Always Available
You’ll have benefit consultants and compliance specialists at your fingertips, ensuring seamless implementation and continued performance.
Why Health Sphere Built Core360
At Health Sphere, we think greater employee benefits can be easy, effective, and free of tax waste for all. Our vision is to enhance the well-being of 250,000+ employees by eradicating tax waste and safeguarding employer budgets.
By introducing Core360, we’ve designed a system that aligns incentives in the most authentic way:
- Employees bring home more pay and enjoy improved health tools
- Employers reduce their costs without modifying plans
- Everyone benefits—with less complexity, added value, and lasting impact
Frequently Asked Questions
Is Core360 a standard Section 125 cafeteria plan?
No. Although Core360 is designed using Section 125 cafeteria plan, it takes it much further by pairing it with a Preventative Care Management Plan (PCMP) and a Self-Insured Medical Reimbursement Plan (SIMRP), providing more benefit-rich coverage with increased savings.
Will this alter my company’s existing health insurance or benefits administrator?
Not at all. Core360 operates in addition to your current configuration. It doesn’t need changes to existing health plans or insurance companies, so implementation is easy and non-disruptive.
Will employees notice a decrease in take-home pay?
No. Quite the opposite, actually. Most employees notice a net gain in their paycheck, usually about 3–4%, thanks to streamlined pre-tax deductions and extra coverage for no extra cost.
How quickly can we implement Core360?
Core360 can be rolled out in 30 to 45 days. It’s an automated, guided process that doesn’t demand much of your internal HR or payroll resources.
Ready to Bring Core360 into Your Organization?
Including Core360 in your benefit package is one of the simplest, most rewarding moves you can make this year. Your employees will appreciate it. Your finance team will love the cost savings. And your organization will be a leading-edge company that really cares.
Schedule a 10-minute consultation today to learn how Core360 can help your staff.
