Premium Only Plan (POP) - Is one of the simplest benefits an employer can offer, and it delivers real savings to employees and their company. By allowing employees to pay their portion of premium costs BEFORE taxes, employees typically save 25% or more and the employer benefits from nearly 8% in FICA savings. However, to deduct employee premium costs pretax, you MUST have a plan document. By taking advantage of Section 125 of the Internal Revenue Code, employers can save money for their employees and themselves.
This application gathers certain data required to implement your POP plan. Once completed, OCA's implementation team will contact those listed in this application to finalize your implementation.
Company Contact Information
Plan Start Date(s)
Employee Eligibility Requirements