SIMERPs
Self-Insured Medical Expense Reimbursement Plans
Unlock Tax Savings and Boost Employee Wellness with Managed SIMERP Plans
Transform Your Benefits Strategy – No Net Cost, Maximum Impact
Are you an employer tired of skyrocketing payroll taxes and healthcare costs? Imagine reducing your FICA liabilities by $500–$900 per employee annually while providing your team with additional premium wellness benefits, such as telemedicine, mental health support, and preventive care.
At Baker Insurance Group, your Farmers Insurance agency, we've partnered with DCBG to deliver fully managed Self-Insured Medical Expense Reimbursement Plans (SIMERP). This innovative, IRS-compliant program converts tax savings into tangible employee benefits, enhancing retention, productivity, and overall satisfaction.
With our expert management, you get a turnkey solution that's safe, compliant, easy, and proven to work for businesses of all sizes. Ready to explore? Contact us for a no-obligation 15-minute initial conversation to assess your needs and show you the potential savings.
What is SIMERP and How Does It Work?
SIMERP is a self-insured wellness program created by the Affordable Care Act (ACA) that leverages pre-tax payroll deductions to fund supplemental health benefits. Employees maintain their current take-home pay, while employers enjoy reduced payroll taxes and workers' compensation premiums.
Guaranteed-Issue Coverage: Access to telehealth, mental health counseling, chronic care management, and more.
Tax Efficiency: Pre-tax deductions create FICA savings that directly fund benefits.
Seamless Integration: Works alongside your existing ACA-compliant health plan.
Baker Insurance Group handles everything – from setup and compliance to ongoing administration – ensuring a hassle-free experience.
Why This Strategy is Safe, Fully Compliant, and Legally Supported
We understand compliance is non-negotiable. That's why our SIMERP management is built on rock-solid legal foundations.
Proven Results with Real Companies
Hundreds of businesses use our SIMERP with zero IRS enforcement actions.
| Company Size | Annual FICA Savings (Per Employee) | Additional Benefits Funded | Retention Impact |
|---|---|---|---|
| 10–50 Employees | $500–$700 | Telehealth & Mental Health | Up to 20% Improvement |
| 51–200 Employees | $600–$800 | Preventative Care & Counseling | 25–30% Boost |
| 201+ Employees | $700–$900 | Full Wellness Suite | 30%+ Enhancement |
Your Business Deserves This
Schedule your 15-minute initial conversation today and discover how Baker Insurance Group's managed SIMERP can revolutionize your benefits – legally, safely, and profitably.
Get Started Now →Get Started With SIMERP
Fill out the form below and a Baker Insurance Group advisor will reach out within one business day to schedule your free 15-minute consultation.