Classic 105 Reimbursement

Among the more innovative products that has come along to provide major cost savings to those employers who seek to provide workers with robust benefits packages, is the “Classic 105 Reimbursement Plan.” As health insurance costs rise, employers are always looking for cost-effective ways to provide their employees with the most robust benefits package possible. That’s why marketplace innovations that offer the best benefits at an attractive price are always welcome.

The Classic 105 Reimbursement program fits employers’ needs quite well, as it reimburses 75 percent of unreimbursed medical expenses for employees, at the same time it saves the employer money. Employers can save money on premiums by making the insurance coverage a bit leaner, but making up the difference with a specially designed medical disbursement account financed by the employer. Classic 105 takes advantage of legal loopholes, while being fully compliant with all applicable laws. Nothing else offers employees the benefits that the Classic 105 plan does, by far.