
Health-Powered Payroll Tax Reduction
Turn Preventative Health Benefits For Your Employees Into Payroll Tax Savings For Your Business.
SIMERP — the Self-Insured Medical Expense Reimbursement Plan. Qualifying businesses may be able to reduce payroll taxes by providing preventative health benefits to eligible employees through the program. In simple terms: your business offers a preventative health benefit, and the way that benefit is structured may reduce the payroll taxes the business pays — with funds potentially returned to the business.
The value proposition is not simply free healthcare. The key concept is that providing preventative health benefits can allow an eligible business to reduce payroll taxes while giving employees access to preventative health benefits.
Who may benefit
- Businesses with a minimum of 5 W-2 employees
- Employees earning at least $17,000 annually
- Employers looking to add employee health value without added cost
- Nonprofits and organizations with W-2 payroll
- Multi-location and multi-shift workforces
Key benefits
- Potential payroll tax reduction for eligible businesses
- Preventative health benefits for eligible employees
- Potential funds returned to the business
- No out-of-pocket cost for the employer under the program structure
- No out-of-pocket cost for participating employees under the program structure
How it generally works
- Eligible employees participate in a preventative health benefit offered through the program.
- The program structure may reduce qualifying payroll taxes for the business, depending on eligibility.
Program requirements commonly reviewed
- Minimum of 5 W-2 employees
- Participating employees must earn at least $17,000 annually
- Employee participation and engagement with preventative health benefits
Language such as 'may qualify,' 'eligible businesses,' and 'potential payroll tax savings' is used intentionally. Nothing on this page is tax or legal advice, and no savings, credit, or eligibility outcome is guaranteed.
Businesses that may qualify include...
- Restaurants
- Bars
- Hotels
- Motels
- Resorts
- Country Clubs
- Golf Courses
- Casinos
- Adult Clubs
- Adult Entertainment Venues
- Retail Stores
- Grocery Stores
- Supermarkets
- Convenience Stores
- Gas Stations
- Auto Dealerships
- Auto Repair Shops
- Body Shops
- Tire Shops
- Fitness Centers
- Gyms
- Dental Practices
- Medical Practices
- Veterinary Practices
- Chiropractic Practices
- Physical Therapy Practices
- Wellness Centers
- Med Spas
- Salons
- Barbershops
- Spas
- Restaurants
- Bars
- Hotels
- Motels
- Resorts
- Country Clubs
- Golf Courses
- Casinos
- Adult Clubs
- Adult Entertainment Venues
- Retail Stores
- Grocery Stores
- Supermarkets
- Convenience Stores
- Gas Stations
- Auto Dealerships
- Auto Repair Shops
- Body Shops
- Tire Shops
- Fitness Centers
- Gyms
- Dental Practices
- Medical Practices
- Veterinary Practices
- Chiropractic Practices
- Physical Therapy Practices
- Wellness Centers
- Med Spas
- Salons
- Barbershops
- Spas
- Daycare Centers
- Private Schools
- Colleges
- Universities
- Nonprofits
- Charities
- Church Organizations
- Professional Services
- Law Firms
- Accounting Firms
- Insurance Agencies
- Real Estate Companies
- Property Management Companies
- Construction Companies
- Roofing Companies
- Plumbing Companies
- Electrical Contractors
- HVAC Companies
- Landscaping Companies
- Manufacturing Companies
- Distributors
- Warehouses
- Logistics Companies
- Transportation Companies
- Trucking Companies
- Technology Companies
- Marketing Agencies
- Consulting Firms
- Security Companies
- Cleaning Companies
- Home Services Companies
- Daycare Centers
- Private Schools
- Colleges
- Universities
- Nonprofits
- Charities
- Church Organizations
- Professional Services
- Law Firms
- Accounting Firms
- Insurance Agencies
- Real Estate Companies
- Property Management Companies
- Construction Companies
- Roofing Companies
- Plumbing Companies
- Electrical Contractors
- HVAC Companies
- Landscaping Companies
- Manufacturing Companies
- Distributors
- Warehouses
- Logistics Companies
- Transportation Companies
- Trucking Companies
- Technology Companies
- Marketing Agencies
- Consulting Firms
- Security Companies
- Cleaning Companies
- Home Services Companies
Inclusion here does not establish eligibility.
























