Enhanced benefits for Employees and Cost-containment for Employers
Health Care Spending Accounts
CostPlus Plans can be arranged as Health Spending Accounts (Flex Benefit Plans) by providing a specific range of benefits and/or annual spending limits for specific (selected) Employee Classes.
For example, a specific range of benefits and an annual maximum (say $1,000 Single and $2,500 Family per year) could be selected for a specific Class of Employees, or for all eligible Employees.
Unlike other Health Spending Accounts, a CostPlus Plan does not require "up-front" deposits of funds - the Employer simply sends a cheque with the Claim, thus retaining valuable operating capital.
CostPlus Health and Dental Programs can reduce Benefit Expenses 20 to 40 percent (or more)
