How a Section 125 Health Plan Can Reduce Health Insurance Costs for Employees?
The current competitive employment market demands both employee satisfaction and wellness because your financial success depends on these factors. The challenge? Employers face high costs with a traditional health plan, while employees encounter numerous problems with its usage. Core360 through Health Sphere takes control in this situation.
The typical nature of benefits packages does not accurately describe Core360. It leverages a Section 125 health plan, and integrates it with a Preventative Care Management Plan (PCMP) and a Self-Insured Medical Reimbursement Plan (SIMRP)—forming a complete, tax-advantaged health solution that is fully compliant, automated, and cost-free for employers and employees alike.
Let’s examine how this innovative structure can significantly reduce costs and enhance employee benefits, all without disrupting existing coverage.
What Is a Section 125 Health Plan (and How Is Core360 Different)?
Section 125 plans, known as “cafeteria plans,” enable employees to use pre-tax dollars to pay health-related expenses. Irrespective of their income level, employees benefit from this arrangement as their paycheck increases while their taxable income goes down, and their employer pays less payroll taxes.
But Core360 goes beyond a basic Section 125 plan. It combines the tax-saving power of Section 125 with a fully managed PCMP and SIMRP, delivering one of the most streamlined, benefit-rich programs available today.
Why Employers Choose Core360
Employers across the country are discovering that Core360 isn’t just another health benefit—it’s a business advantage. Designed for companies with 40,000–70,000+ enrolled employees, this program helps organizations reduce financial waste while boosting employee satisfaction and retention.
Key Employer Benefits:
- Average savings of $600 per employee per year—that’s $60,000 in savings for every 100 employees.
- No upfront or out-of-pocket cost to implement.
- Automated onboarding with rollout typically completed in 30–45 days.
- Lower insurance claims—employers report savings of up to $1,400 per employee over 3 years.
- Stronger recruitment and retention, thanks to superior benefit offerings.
- Immediate improvement to the bottom line, without touching existing benefits.
This isn’t theory—more than 40,000 employees are already enrolled in Core360, and that number continues to grow.
How Core360 Benefits Employees
Employees often view new health plans with suspicion—will it cost them more? Will their pay be reduced? With Core360, the opposite is true. By leveraging the Section 125 health plan structure in a new, smarter way, employees take home more money, not less.
Core360 Delivers:
- 3–4% increase in net paycheck—equivalent to roughly $100/month in added income.
- $0 copays for 24/7 Telehealth, mental health support, and wellness coaching.
- Access to Mayo Clinic wellness tools and personalized health dashboards.
- No disruption to current plan or coverage—Core360 is layered alongside it.
- Enhanced protection with Universal Life, Disability, and Critical Illness coverage.
- Spouse and dependent benefits are included at no extra cost.
All this, with no reduction in take-home pay and no added responsibilities for HR teams.
Why Section 125 Alone Isn’t Enough Anymore
A traditional section 125 plan offers tax benefits, but often lacks structure, support, and employee engagement. With Core360, the section 125 element is just one part of a much larger, more impactful solution.
This structure is managed from end to end and includes:
- Preventative Care Management Plan (PCMP) to promote long-term wellness and reduce future claims.
- Self-Insured Medical Reimbursement Plan (SIMRP) that helps employees cover out-of-pocket expenses.
- Automated systems and reporting that ensure full compliance and efficiency.
Together, these components create a benefits experience that is easy to understand, simple to implement, and powerful in its results.
Health Sphere: Reducing Tax Waste, One Company at a Time
At Health Sphere, better benefits shouldn’t mean higher costs or administrative headaches. Our mission is to help companies deliver real, preventative healthcare solutions to their employees while reducing tax waste, without touching existing health coverage.
With Core360, we’re on track to impact over 250,000 lives by making high-value benefits simple, compliant, and truly beneficial.
Why Employers Trust Health Sphere:
- Dedicated onboarding teams and compliance experts
- Turnkey solution—automated from start to finish
- No disruption to existing plan or providers
- Transparent reporting and ongoing support
In short, Core360 is built to serve employers, not burden them.
Is Core360 Right for Your Organization?
If your company is looking for a more innovative, simpler way to reduce healthcare costs and increase employee satisfaction, Core360 might be the solution you’ve been waiting for.
Whether you’re struggling with rising insurance premiums or simply want to offer your employees more value, this benefits model allows you to do both at zero cost.
Quick Recap:
- A Section 125 health plan structure reduces payroll taxes and increases take-home pay.
- Combines PCMP + SIMRP for full-spectrum preventative care
- $600/year average savings per employee
- No cost, no disruption, no impact on existing benefits
- Boosts retention, satisfaction, and overall well-being
- Trusted by companies with 40,000–70,000+ employees
Final Thoughts: The Future of Benefits Starts with Core360
In a world where benefit costs are rising and employee expectations are changing, Core360 from Health Sphere offers a refreshing alternative. This plan doesn’t just tweak around the edges—it redefines what’s possible in employer-sponsored healthcare.
By integrating the best aspects of a Section 125 health plan and combining them with PCMP and SIMRP, Core360 provides your team with a smarter way to save, earn, and thrive.
More than 40,000 employees are already enrolled—why not join them?
Ready to Learn More?
Visit Health Sphere’s official website to discover how Core360 can be tailored to your company. Book a demo, talk with a specialist, and see firsthand how this no-cost plan can drive real results for you and your team.
