- Ascension’s “Preferred Reimbursement Plan” (PRP) is a 100% Employee funded medical expense reimbursement plan, which allows employees to be reimbursed for qualified out-of-pocket medical expenses that their health insurance plans do not cover (e.g., deductibles, co-pays, co-insurance)
- The Plan provides 75% coverage for unreimbursed medical expenses up to $10,000 for Individual and $15,000 for Families
- Participation is at no additional cost to the participant
- Most enrolled employees shall see lower annual income tax
- Most enrolled employees will have in increase in take home pay
- Has No effect on any existing benefit programs you’re currently offering
- Facilitated completely through payroll and administered by The Preferred Group
Click here for a video plan description.