Inside SIMERP- How Self-Insurance Redefines Medical Reimbursement

Tue, 06 May 2025 05:36:55 +0000

Employers all across are looking for clever, more flexible methods to help their staff members as healthcare expenses keep rising without raising benefit budgets.  Conventional health insurance plans sometimes leave gaps in coverage and tax business resources.  That's where SIMERP, the self insured medical reimbursement plan, finds application.  This creative solution lets companies directly pay for approved health expenses for staff, therefore redefining how medical costs are reimbursed.  Companies adopting SIMERP take control over benefits, reduce tax loads, and increase employee satisfaction—all without changing their current insurance policies—instead of just paying premiums to a carrier and expecting for value in return.