When employers want to cut costs while offering meaningful perks, 125 plans employee benefits provide a proven solution. These plans reduce payroll taxes for businesses while giving employees better access to care and support.
What makes them stand out today is how modern plans go beyond the basics. With options like family coverage, mental health support, and 24/7 telemedicine, employees gain benefits they can use every day, without extra costs.
Through Health Sphere’s Revive and Thrive plans, companies save on healthcare while boosting retention and morale. It’s a strategy that delivers real savings and real support for the entire team.
What Is a Section 125 Plan?
First, let’s ensure that everyone understands what a Section 125 plan entails. It is occasionally referred to as a cafeteria plan. It allows workers to use pre-tax money to cover specific benefits. This reduces their taxable income and allows them to retain more of their paycheck.
Simultaneously, employers reduce costs since payroll taxes decrease when employee contributions are deducted prior to taxation. This signifies cost reductions for the business and improved benefits for staff. It benefits both parties.
Why Are Mental Health and Telemedicine Now Part of Section 125 Benefits?
In the past, Section 125 plans mostly covered traditional benefits like health insurance premiums or flexible spending accounts. But today things have changed. Employees want more, especially when it comes to mental health support and easier access to medical care.
Here are two big reasons why mental health and telemedicine are now included in these plans.
1. Mental Health Is More Important Than Ever
Millions of employees are impacted by stress, anxiety, and depression. Mental health issues decrease productivity and may negatively impact workplace morale. Workers seek assistance that extends beyond just physical health services.
This is the reason contemporary Section 125 plans now feature counseling, employee assistance programs, and support for addiction recovery. These services have no copays, allowing employees and their families to receive assistance without the concern of added expenses.
2. Telemedicine Makes Healthcare More Accessible
Telemedicine lets employees see a doctor anytime through their phone or computer. This convenience saves time and removes barriers for people who might otherwise delay care.
Including telemedicine in Section 125 benefits means employees have 24/7 access to virtual healthcare visits. Whether it is a late-night fever or a quick question, telemedicine is there when employees need it most.
How Health Sphere Includes Mental Health and Telemedicine in Their Section 125 Plans
Health Sphere offers two plans designed to deliver these benefits while helping employers save money. The plans are called Revive and Thrive. Each plan offers unique perks, but both focus on mental health and telemedicine as key benefits.
The Revive Plan
The Revive plan helps employers save about $1,100 a year per W2 employee. It can also reduce healthcare costs by five to ten percent. For employees, it offers:
- Access to 24/7 telemedicine and virtual care
- Mental health counseling and support
- Employee assistance programs
- Mayo Clinic health programs
- Family coverage, including spouse and dependents, with 12 annual care visits
- Minimal essential coverage
- Group term life insurance is worth $60 to $100 per month, which is a very important benefit
- Discounts on vision, dental, and prescription medications
- Prescription coverage with zero copays
- In-person urgent care options
- All benefits apply to employees and their families at no additional cost
This plan combines broad health services with strong mental health support to keep employees and their families healthy and well cared for.
The Thrive Plan
Thrive is another great option for employers, saving about $600 a year per W2 employee while also lowering healthcare costs by five to ten percent. Employees get:
- An increase in net pay of about $100 per month
- 24/7 telemedicine and virtual healthcare visits
- Employee assistance programs and mental health counseling
- Addiction recovery support
- Couples counseling
- Mayo Clinic programs
- Health vitals facial scan tool
- Diet and stress management programs
- Spousal and dependent coverage
- All benefits come with zero copays
Like Revive Thrive extends all benefits to the employee’s family, making it easy for everyone to get the care they need.
Why Are More Employers Choosing Section 125 Plans with Mental Health and Telemedicine?
If you are an employer wondering if these benefits are right for your business, here are a few reasons why many companies are already on board.
1. Save Money While Offering Better Benefits
With plans like Health Sphere’s Revive and Thrive, employers can save hundreds or even over a thousand dollars per employee each year on taxes and healthcare expenses. These savings help your business stay competitive and profitable.
2. Attract and Keep Great Employees
In today’s job market, employees want more than just a paycheck. They want benefits that show their employer cares about their well-being. Offering mental health support and telemedicine can make your company more attractive and help reduce employee turnover.
3. Help Employees Stay Healthy and Productive
Having access to mental health counseling and convenient virtual medical care ensures your team will take fewer sick days and remain focused on their tasks. This results in improved overall performance and a favorable work atmosphere.
4. Easy to Manage and Fully Compliant
Health Sphere’s Section 125 plans are simple to set up and come with no hidden fees or complicated paperwork. They meet all IRS, ACA, HIPAA, and Department of Labor regulations so that you can have confidence in your compliance.
Getting Started With Health Sphere’s Section 125 Plans
If you want to provide modern benefits that include mental health support and telemedicine, Health Sphere makes the process straightforward. Their knowledgeable team will guide you through everything so you can start saving money and offering great perks quickly.
Don’t wait to improve your benefits package. Contact Health Sphere today to learn more about the Revive and Thrive plans and how they can work for your business.
Final Thoughts
Section 125 plans are changing to meet the needs of today’s workforce. Mental health and telemedicine are no longer extras; they are essential parts of employee benefits. Employers who choose plans like Health Sphere’s Revive and Thrive get real savings, happier employees, and a stronger business.
If you want to support your team and improve your benefits in a smart, affordable way, Section 125 plans with mental health and telemedicine benefits are the way to go. And Health Sphere is ready to help you make it happen.
Frequently Asked Questions
Which is ineligible to participate in a Section 125 plan?
Independent contractors and certain union members usually cannot join. Section 125 plans are mainly for W2 employees.
Is Section 125 mandatory?
No, it is optional. But many employers choose it to save taxes and offer great employee benefits.
What is included in Section 125 of the cafeteria plan?
It includes health premiums, flexible spending accounts, vision, dental, and now mental health and telemedicine services
What category is Section 125?
Section 125 is a tax code for cafeteria plans that let employees choose benefits with pre-tax dollars.
