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Premium-Only Plan (POP) allows your employees to pay for their portion of employer-provided health, dental, disability and certain life insurance premiums on a pre-tax basis. With CareFirst’s Premium-Only Plan, you and your employees may realize tax savings.
This plan:
- Allows employees to designate their monthly health, dental, and vision premiums as "pre-tax."
- Easy to set up and requires very little administration.
- Reduces FICA withholdings for the employer and employee.
- Converts after-tax contributions to pre-tax contributions.
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For more information about this plan contact your broker or CareFirst sales representative.
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