What is a WIMPER Program?

At WIMPER Benefits, a WIMPER Program is a specialized service that assists businesses in optimizing tax incentives through the Affordable Care Act. Our team curates personalized incentive programs and manages compliance at no net-cost to you. WIMPER (Wellness integrated Medical Expense Reimbursement) provides W2 employees with an unlimited preventative medical care application and $100K automatic-issue Whole-Life insurance policy. Employers receive approximately $500 per participating employee each year in FICA tax savings. Employees and Employers alike will only experience savings and benefits when using our service, and never an out-of-pocket cost.

We analyze your business’ specific needs, and apply over 16 tax codes to create a customized program. This ensures maximum savings on FICA taxes while remaining compliant with the Affordable Care Act and tax codes. In short, the program is funded by a reallocation of the W2 employee’s taxable income. 

One component provides the preventative medical care application. The other  component reimburses those funds, and then uses the reimbursement to purchase a qualified Whole-Life insurance policy for the employee. 

Our application provides unlimited access to medical professionals — allowing employees to receive preventive care and consultations on their mobile devices. It aims to enhance overall well-being and catch potential health issues early. 

They will receive things like diabetes prevention, weight-loss and nutritional  coaching, addiction counseling, marriage and financial coaching, prescription discounts and triage services. In turn, having these services can decrease both employer and employee expenses on your primary insurance premiums. 

As part of our benefits package, employees receive an average $100K (based on income) automatic-issue Whole-Life insurance policy. This provides financial security and peace of mind for employees and their families. There are no medical exams needed to qualify 

for the insurance policy. 

Our fees for administrative duties are minimal, and are deducted from the savings your business experiences. This means that you only pay for our services when you see tangible benefits in the form of tax savings. When we say that you will receive an average of $500/W2 employee/year — that is calculated after our fees have been deducted. So, you will never have a net-cost. The program is, in fact—creating a profit for you. 

Enrolling with WIMPER Benefits is a straightforward process. You can begin by filling out this pre-qualification form. Or, schedule a call here and we will guide you through the necessary steps to start saving on FICA taxes and provide valuable benefits to your employees.

You will begin realizing tax savings on your very first payroll report that you are 

enrolled in the program. The savings and results are immediate. Also, employees 

may begin using their preventative medical benefits immediately.

WIMPER Benefits stands out for several key reasons. Perhaps most important is 

our partnerships with CPAs, accountants, attorneys and financial advisors who 

have over a decade of experience with compliance in this field. We also have an 

automated enrollment system that takes any work-burden off of your payroll 

department, human resources and the rest of your team.

Our unique auto-enrollment feature ensures that employees get to enjoy benefits quickly and efficiently, and also helps employers maximize their savings. 

Plus, we’re in contact monthly to ensure your payroll is running smoothly, your employees understand how to use their benefits and the program is in compliance. 

A WIMPER, (Wellness Integrated Medical Plan Expense Reimbursement) is a qualified Health Reimbursement Arrangement (HRA) under IRS Section 105b. The tax codes have been around for more than 30 years. 

When combined with a qualified 213 compliant life insurance plan, it serves as a complement to existing health insurance. This integrated approach provides access to an array of mental health, preventive care, and chronic disease management tools and services. 

Both participants and employers can enjoy significant tax savings by implementing a qualified WIMPER.

We complete this with a Self-Insured Medical Expense Reimbursement Program (SIMERP), which is an IRS-qualified workplace program that allows businesses to provide voluntary benefits to employees at no cost to employers with no reduction in employees' take-home pay.

Employers are guaranteed to save money through WIMPER Benefits due to the unique advantages of our programs. Employee contributions to a qualified Section 125 Benefit are Payroll Tax-free, resulting in an immediate 7.65% tax savings for every dollar employees spend on the program. This tax advantage begins in the first payroll cycle following program implementation.

The immediate tax savings for employers and employees stem from the Payroll Tax-free nature of employee contributions to a qualified Section 125 Benefit. 

WIMPER Benefits ensures that every dollar spent on the program creates a 7.65% tax savings for employers, contributing to substantial financial benefits from the outset.

WIMPER Benefits minimizes upfront costs for companies by charging only a small fee and offering net 30-day terms. This means that businesses can initiate the program with $0 out of pocket, making it a financially accessible and advantageous solution.

Yes, the tax savings and cost benefits are realized upon implementation of the program.

We will schedule a meeting with your payroll team to run a mock-payroll and demonstrate your savings. Then, we will guide your payroll team into implementing the simple changes that we initiate. We remain in contact with them for questions, and we take care of compliance. We make this very easy on your entire team.

An employee must earn a minimum of $25,000 annually to qualify, and there is no maximum. However, we only account for the first $300,000 in annual income when determining benefits.

The Life Insurance policy does have a cash value, and the employees may take from it, but will be taxed in doing so.

There are no tax penalties, only benefits.

No co-pay.

It is clear that the employees must make use of the application in order to enjoy the tax benefits. And, they typically want to use it often because it is a great perk. Specific usage requirements are often subjective. So, our company remains in contact with your team monthly in order to help them use the service to best help them.

The initial evaluation may only take a few days. All we need is  your application form. 

Then, we will request a current payroll report in Excel format to get morre clarity on your exact eligibility numbers.

The enrollment process takes about 30 days. Once your contract is signed, we run a mock payroll, and an auto-enrollment. We will meet with your team to answer any questions. If you get your application in by the end of the month, you will start seeing your benefits on the first of the following month. So, if you apply by November 15th, you will receive your benefits by January 1.

The best way to understand how the WIMPER program will benefit your company is to get a complimentary evaluation, where we show you all of the numbers. But, if you take $500 X your # of W2 employees, you will have an idea of your average savings. 

That’s okay. We do not need this information for your first evaluation. 

Once you decide to move forward with the program, we will need that information for tax purposes. Our work is HIPPA compliant and our online process is encrypted and  protected. So, personal information will never be shared. 

Many companies are unaware of the tax incentives that they are entitled to 

receive. 

This particular grouping of incentives is available through the Affordable 

Care Act, which has been around for over 30 years. 

Up until recently, Fortune 500 companies have been enjoying these benefits because they had CPAs in the know. 

After Covid showed us that the government indeed has support that can benefit smaller businesses, more have become aware of this opportunity, and it is growing rapidly. 

However, even the most savvy of CPAs often cannot curate a program like this simply for lack of experience. That’s why our team has over a decade of experience doing this in a compliant manner so that companies like yours can also reap the rewards. 

Remember that WIMPER is not “one thing,” but in fact — a personalized way of using available incentives to best serve you FICA tax reduction and preventative medical care needs.

We have worked with thousands of businesses and employees over the years; notably — Massage Envy’s, KFC’s and Tobacco Shacks are some of our recognizable chain corporations. We work with businesses with as few as 10 employees, all the way up to 35,000 employees. Our team is small but efficient. 

We put automation to its best use, and make sure that you know you are cared for in a personalized, very human way.