Compliance

compliance and the laws

More and more employers are providing wellness programs to their employees in an effort to encourage them to develop healthy lifestyles.

01. Strategic

Through its Strategic Alliances FICA, Inc. has created a global footprint in over 190 countries and provides services to businesses small and large on every continent.

02. Professional

FICA, Inc. executives represent over 250 years of business experience. This business acumen is reflected in our core of services and beliefs and are always present.

03. Loyal

FICA, Inc. is 100 percent committed to creating an outstanding and mutually beneficial long lasting relationship with our clients. We are committed to serving your needs for years to come.

Compliance

The Law is The Law

More and more employers are providing wellness programs to their employees in an effort to encourage them to develop healthy lifestyles. Studies show that employers can reap benefits from these programs including lower health-related costs, increased productivity, and higher employee morale, which increase their bottom line. The programs also are likely to be popular with employees. The goal of the SIMERP is to fund portions of employees’ health care burden, increase wellness engagement, create a positive work environment and mitigate health risk over time.

PLAN COMPLIANCE

With the most comprehensive and detailed analysis in the industry, FICA, together with its Wellness Program Partners, has purposely created this Self-Insured Medical Expense Reimbursement Plan that has been fully researched and found compliant with IRS codes and guidelines. We provide a smooth enrollment process with licensed brokers to insure clarity with each employee. Reporting on all existing payroll items, deduction summaries and acceptance signatures are also part of our implementation process for a seamless HR experience.

A MERP differs from an FSA in that the funds are not set aside ahead of time. There’s no minimum or maximum amount by law. Schedule a time to speak with your broker to learn how the FICA Self-Insured Medical Expense Reimbursement Plan can work for your company. 1-866-GET-FICA Ext. 1