Premium Only Plan (POP)
Offer employees a pre-tax premium option.
A Premium Only Plan allows participants to contribute to a variety of group insurance premiums on a tax-free basis. Participants save money on their premiums and their employer saves 7.65% on every dollar participants pay towards the plan. EBC takes care of ensuring that the plan meets all compliance and regulatory requirements allowing the pre-tax contributions.
Premium Only Plan Product Sheet
Download a copy to share or print.
See how we're different.
Learn why brokers, employers, and participants love Employee Benefits Corporation.
Contact Our Sales Team
Connect with us by phone at (800) 346-2126 or by email at sales@ebcflex.com
Eligible Premiums and Contributions
With a premium only plan, participants and employers can make pre-tax payments and contributions in the following instances:
- Medical
- Dental
- Vision
- Cancer insurance
- Accident and disability insurance
- Group term life (employee only, up to $50,000)
- Contributions to a health savings account (HSA)*
*State taxes apply in some cases
For answers to commonly asked questions, visit our POP Employer FAQ page.
Compliance Support
- Year-end nondiscrimination testing for cafeteria plans
- Plan Document and Summary Plan Description
Technology Features
Employer administration is available all day, every day with our online account. Through the online account, employers can:
- Access detailed invoices and payment history reports
- View a consolidated invoice for all EBC administered products
- Download administrative forms and documents
- Securely upload documents
Premium Only Plan Product Sheet
Download a copy to share or print.
See how we're different.
Learn why brokers, employers, and participants love Employee Benefits Corporation.
Contact Our Sales Team
Connect with us by phone at (800) 346-2126 or by email at sales@ebcflex.com