What Does the Lumara Plan's Preventative Care Program Cover?
Preventive health care is no longer simply a nice thing to do; it's a must for business. Employers that are ahead of the curve know that healthy workers use fewer sick days, are more productive, and pay less overall for healthcare. That's why preventive care is a key feature of the Lumara Plan. It combines the advantages of a Section 125 cafeteria plan with a sophisticated self-insured medical reimbursement plan (SIMRP) to provide a better, cheaper way for companies of all sizes to get health care. In this blog post, we'll explain precisely what the Lumara Plan's preventive care program covers, how it works inside the tax-advantaged framework of Section 125, and why it's good for both employers and workers. The Basics: How the Lumara Plan Uses Section 125 and SIMRP Together It's necessary to know how the structure works in order to know what's covered. The Lumara Plan is not like other benefits programs. It uses the tax benefits of a Section 125 cafeteria p...