SIMERP
A Government-Authorized ACA Program for Employers
The 801 Group, LLC SIMERP Expert helps Implement the Self-Insured Medical Expense Reimbursement Program enables employers and employees to recover tax incentives provided by the Affordable Care Act.
​Turn payroll tax savings into real employee benefits
The Supplemental Insurance Medical Expense Reimbursement Program (SIMERP) is a fully compliant ACA-approved strategy that allows employers to enhance their employee benefits without changing their existing insurance plans or brokers.
Through SIMERP, employers may:
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Reduce FICA expenses by up to $638.98 per employee per year​
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Provide employees with added benefits at no out-of-pocket cost
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Keep their current coverage, carriers, and agents exactly the same
SIMERP has been available since 2013 under the Affordable Care Act and is designed to help companies lower costs while simultaneously improving employee satisfaction and retention.
Step 1:
Enrollment
SIMERP is implemented under IRS-approved Section 105(b)/125/106(a)/213(b) guidelines to ensure full compliance.
Step 2:
Integration
Pre-tax payroll deductions are applied, creating immediate FICA tax savings for your business.
Step 3:
Access
With SIMERP, employees can choose from an entire suite of benefits.
Step 4:
Earn Savings
Save thousands each year and strengthen employee loyalty and retention with a benefits solution that pays for itself.
