You may be able to save on payroll taxes with SIMERP.
Find out if your business or organization qualifies for the "Self-Insured Medical Expense Reimbursement Program (SIMERP)".
Potential Benefits:
Reduced payroll tax liability
Lower workers’ compensation premium base (state-dependent)
Improved retention and recruitment
A meaningful, low-cost employee benefit
SIMERP stands for Self-Insured Medical Expense Reimbursement Program. It is an employer-sponsored benefit program that allows companies to reimburse employees for certain medical or wellness services on a tax-advantaged basis