The Champ Plan Explained in 2 Minutes

In today’s job market, employers are under pressure to provide better benefits without increasing payroll costs. At the same time, employees are facing rising out-of-pocket healthcare expenses. The Champ Plan is a unique solution that helps solve both problems—without overcomplicating your budget or your benefits package.

Here’s how the Champ Plan works and why it’s a powerful tool for small to mid-sized businesses.

What Is the Champ Plan?

The Champ Plan is a compliant, IRS-approved benefit strategy that leverages Section 125 of the tax code, allowing employees to use pre-tax dollars to cover specific healthcare-related benefits. It works alongside your existing payroll system and benefits package to help employees access important services while reducing your company’s tax liability.

Rather than replacing your current insurance, the Champ Plan enhances it—giving employees access to services like:

• Telehealth and virtual urgent care

• Mental health and counseling

• Prescription support and savings

• Concierge care navigation

All of this is provided through a pre-tax deduction, meaning employees save on taxes while getting better access to care—and you save too.

How It Saves Money

Let’s break it down.

When an employee agrees to participate in the Champ Plan, a small portion of their income is reallocated into a pre-tax healthcare benefit. This reduces their taxable income, which means:

• Employees pay less in federal, state, and FICA taxes.

• Employers pay less in payroll taxes (typically 7.65% per employee).

The savings often offset the cost of the benefits entirely, meaning employers can offer more value to their teams without spending more—and sometimes even saving thousands annually in payroll taxes.

Why It Matters

For employees, the Champ Plan is more than just a tax perk. It’s a practical, modern benefits package that includes resources for physical and mental health—two of the biggest concerns in the workforce today.

For business owners, it’s a way to:

• Offer valuable benefits at little or no cost

• Stand out when hiring

• Improve retention

• Save on annual payroll expenses

And all of this happens with seamless payroll integration, minimal admin work, and full compliance with IRS regulations.

A Real-World Win

Imagine being able to give your team access to $1,200–$1,500 worth of healthcare-related services each year—while also saving your company money in the process. That’s what the Champ Plan is designed to do. Whether you have 10 employees or 500, the structure scales with you and helps you offer competitive perks like larger corporations.

In under two minutes, you’ve just learned how the Champ Plan can transform your benefits strategy without added cost or complexity. It’s not just another wellness program—it’s a smarter way to take care of your team and your bottom line.

Ready to see how the Champ Plan can work for your business?
Visit IntegrityAdvantageGroup.com/insurance-solutions-contact to get started. Schedule a free consultation and discover how easy it is to unlock real savings while giving your employees the benefits they deserve.