Flexible Benefit Programs
  As benefit costs continue to rise, more employers are turning to flexible benefit plans for a new approach to cost control. Flexible benefit plans can give employers control of the overall benefit program and employees control over their personal benefit plans.

Midwest Group Benefits Flex Plan allows employers to offer employee benefits under an IRS-qualified cafeteria plan. This cafeteria plan offers both employers and employees savings in payroll taxes through the payment of qualified employee benefit expenses with pre-tax dollars.

When employees’ taxable income is reduced by the cost of eligible benefit expenses, the employer’s taxable payroll is reduced. This means substantial tax savings for the employee in federal, FICA and, in most cases, state taxes.

Quick Links
  Flex Spending Claim Form
  Flex Benefits
  Premium-Only Plan
  Flexible Spending Account
  Print HRA Claim Form
  HRA Plan
  Log on to My Flex Online
  Check HSA
  Eligible Health Reimbursement Expenses
  Flex Change in Family Status & Employee Termination Form
  Estimate Your Dependent Care Expenses
  Eligible Over the Counter Drugs
  Flexible Spending Account Savings Calculator
  Request A Proposal
  FAQ
 Midwest Group Benefits Flex Plan Offers Your Company Two Options:
  Premium-Only Plan — This plan enables employees to pay for their premium portion of employer-sponsored insurance benefits on a pre-tax basis. This amount is automatically deducted from the employees’ salaries before taxes, thus reducing taxable income while increasing the employees’ take-home pay. Click here for more information.
  Flexible Spending Account (FSA) — This plan allows employees to pay for dependent care and/or out-of-pocket health care expenses not covered by insurance with pre-tax dollars. The FSA works as a budgeting tool to enable employees to plan for their out-of-pocket dependent care and/or health care expenses for the year and be able to pay for those out-of-pocket expenses before taxes. Click here for more information.
  With Midwest Group Benefits Flex Plan everyone wins. Payroll taxes are reduced for the employer, while more take-home pay goes to employees.
Why do you need Midwest Group Benefits 
to administer your Flexible Benefits Plan??
Click here to answer this question.
  Put the Benefits expert to work for you. To get the most value out of your benefits package, you don’t have to know everything about employee benefits. You just have to know someone who does. At Midwest Group Benefits Consultants, we specialize in employee benefits. Give us a call today.
 HRA Plan
  On June 26, 2002 the IRS established a new employer-funded medical reimbursement account called an HRA (also known as a Health Care Account, a Personal Care Account or a Defined Contribution Account). HRA’s are employer-funded accounts which reimburse employees for medical expenses and unlike the Flexible Spending Accounts, can have unused funds carried over! Untaxed at the employee level, the medical expense reimbursements are tax deductible to the employer when paid to the employee. Click here for more information.