As a business owner, you know that retaining top talent is critical to the success of your company. Your key executives and leadership team drive your business forward, and offering them a premium benefits package can be a powerful tool for recruiting, protecting, rewarding, and retaining these mission-critical employees. The Ultimate Health Executive Medical Reimbursement Plan from ArmadaCare is a supplemental insurance plan that restores pre-ACA levels of coverage, ensuring your most valuable employees have access to top-tier healthcare and wellness benefits.
What Is the Ultimate Health Plan?
The Ultimate Health plan is a high-level supplemental reimbursement insurance plan that covers a wide range of medical expenses typically not covered by standard health insurance. Designed to work alongside your existing healthcare plan, this program offers financial protection and flexibility by reimbursing out-of-pocket medical expenses, including:
- Copays, coinsurance, and deductibles
- Lasik eye surgery
- Adult orthodontia
- In vitro fertilization (IVF)
- Uncovered prescription medications
- Massage therapy, chiropractic care, and acupuncture
- Executive physicals
- And more 213(d)-eligible medical expenses
With annual reimbursement limits ranging from $25,000 to $100,000, this plan ensures that your key employees receive comprehensive medical support that extends beyond standard insurance coverage.
Who Can Be Covered?
One of the best features of the Ultimate Health plan is its flexibility. You choose who receives coverage based on:
- Title and leadership role
- Tenure with the company
- Salary level
- Performance and contributions to the business
This allows you to selectively reward and retain key employees without having to offer the benefit company-wide.
Why Offer an Executive Medical Reimbursement Plan?
Providing high-value benefits to your leadership team has a direct impact on your company’s success. Consider these advantages:
- Stronger Employee Retention – Companies offering this plan experience 4x lower turnover rates than the national average.
- Competitive Recruitment Edge – Attract top talent by offering an elite health benefits package.
- Enhanced Productivity – Employees who have better access to healthcare recover faster and stay healthier.
- Reduced Financial Burden – Reimbursing out-of-pocket healthcare expenses alleviates financial stress for employees, allowing them to focus on their work.
How Does It Work?
- ACA-Excepted Benefit – The Ultimate Health plan is a fully insured, ACA-excepted benefits plan, ensuring compliance with all regulatory requirements.
- Tax Advantages – Premiums are tax-deductible for the company, and employee reimbursements are non-taxable, making it a cost-effective compensation tool.
- Seamless Integration – This plan is designed to work with your existing group health plan, enhancing—not replacing—your current coverage.
Elevate Your Executive Benefits Today
Your leadership team plays a pivotal role in the success of your business. By offering the Ultimate Health Executive Medical Reimbursement Plan, you’re providing them with an elite level of healthcare security and financial protection. This strategic investment helps attract and retain top-tier talent while ensuring your executives remain healthy, focused, and motivated.
Contact us at Bay Area Health Insurance to learn how the Ultimate Health plan can give your business a competitive edge while safeguarding your most valuable employees.
