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The Premium Only Plan (P.O. P.)

Everyone Saves with a P.O. P.
TAX SAVINGS!

Cut your payroll taxes and increase your employees' take-home pay with the Premium Only Plan (P.OP), a simple change in a firm's payroll process made possible by a special provision of Section 125 of the IRS code. And we've made all the arrangements with Ceridian Benefits Services to offer affordable P.O. P. administration services to Blue Cross groups ...making it easy to achieve significant tax savings!

P.O. P. Plan Advantages

Employer Advantages:

  • Lower payroll taxes
  • Low administrative service pricing - P.O. P. is available from Ceridian for only $125 per year and the first year is free for employers with 10+ enrolling employees in both our medical and life products
  • Simple, easy set-up through Ceridian
  • Increased employee satisfaction

Employees Advantages:

  • More take-home pay
  • Reduced taxes
  • Tax savings helps offset premium costs

How Much Can Your Company Save?

With P.O. P., your company's total taxable payroll is reduced by the amount of your employees' premium contributions. Employees use pre-tax dollars to pay their share of monthly premiums and also save by paying lower FICA, federal and applicable state/local taxes. Both employers and employees save ...without impacting underlying coverage decisions.

To see how much your company can save, just open this Excel spreadsheet and enter new amounts in the four shaded cells: POP Savings Worksheet

To review our complete Employer's Guide to The Premium Only Plan (P.O. P.), click on this link: POP Brochure

For more information, please contact your Blue Cross Agent or cal Customer Service at (800) 627-8797.


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