Zoop Benefits: Why Offer Zero Net Cost Employee Benefits
Zoop Benefits are ZERO net cost for the employee's family and employer through payroll tax savings and have Zero Out of Pocket (Z.O.O.P.) for most benefits.
Zero Out-of-Pocket Costs: Comprehensive coverage with no premiums, co-pays, or deductibles results in a highly attractive benefits package that can attract and retain top talent.
Happier, Healthier Employees: Focus shifts from sick care to well care, leading to reduced absenteeism, increased productivity, and an overall healthier workforce.
Reduced Healthcare Costs: Lower traditional healthcare plan utilization of prescriptions and labs, facilitated by Zoop Benefits, can lead to year-over-year savings on health insurance premiums.
Peace of Mind: Employers have the satisfaction of providing exceptional care for their employees and their families.
Bottom Line Profit & Tax Savings: Employers benefit from reduced matching Social Security and Medicare withholding taxes through the Section 125 deduction taken by employees. (Typically $500/yr per employee)
$0
NET COST FOR EMPLOYEE
AND FAMILY*
$738
$438 TAX SAVINGS PER EMPLOYEE* PLUS $300 POTENTIAL CLAIM FUND = $738
$2,125
AVERAGE EMPLOYEE ANNUAL TAX FREE RETIREMENT ACCOUNT CONTRIBUTION
*Through Payroll Withholding Savings.
How the Employer Benefits
Healthcare System Problems
Health insurance is ridiculously expensive with ever increasing costs
Care dictated by big insurance, hospitals, and pharma
Lack of transparency
Reactive care is expensive
Difficult to compete with enterprise level benefits
Zoop's Revolutionary Solution
NO-cost Investment to empower employees and reduce health insurance utilization and cost
Direct access to top-tier providers nationwide
Zero copays and deductibles on almost all benefits
Proactive healthcare is cheap
Easy to outperform enterprise level benefits
Level Up Your Benefits with Zoop Benefits
Boost Your Bottom Line: Save on average $500 per employee annually to cover the cost of other benefits.
Reduce Your Costs: Lower costs in worker's compensation, health insurance, absenteeism, and disability claims.
Enhance Benefits: Attract and retain great employees by offering a more attractive benefits package without additional expenses.
Win-Win Solution: Gain cost savings while providing valuable benefits to your employees.
Sample Report
Roughly 1/2 of this company's employees were eligible meeting the minimum required income and were not receiving Medicare or Medicaid.
Employer added $21,735.15 to the bottom line.
Employee's received $5,498.20 monthly for a total of $65,978.45 in annual benefits increase.
The employees began benefiting immediately in wellness and saving money on their copays and deductible.
The company began saving money immediately through reduced healthcare utilization on their primary plan.
Launch Sequence
To get started, Step One is all that is required to learn how much you can save and how much benefit your employees will receive.
Payroll Report
Upload Employee
Summary Information
Download Employee Summary from payroll system, download Excel or CSV.
Help Doc for most payroll systems.
Review Eligibility Report & Schedule Enrollment
In 5-7 Business Days or Less.
Meet virtually to review your Employee Eligibility Report
Review how much Tax Free Retirement benefit is generated for your employees.
Review tax savings generated for the company.
Discuss any concerns and obstacles, if any.
Decide to move forward with enrollment or not and choose an enrollment date as needed
Zoop Benefits
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