Frequently Asked Questions
Q: Do I have to change insurance?
No. The E2BP Plan™ is a self-funded overlay program that supplements existing traditional medical insurance plans.
Q: Do employees need to change providers or medical care?
No. Employees who voluntarily enroll in The E2BP Plan™ can continue to use the same providers and receive the same medical care they're already receiving through their traditional medical insurance. The E2BP Plan™ can provide additional options for better quality care and cost savings as identified by the physician of record, but employees are not required to take those options.
Q: How do I implement this plan for my employees?
It's simple! Fill out the form page. Once we do an analysis, we can begin to identify your potential savings per employee.
Ready to join The E2BP Plan™?
Send us a message and we will reach out to you within 24-48 hours.
Q: Can we begin participating in the program at any time?
Yes, and every month you wait, you're losing out on potential FICA savings per employee!
Q: What prescriptions are covered?
A robust list of nearly 200 generic and brand name prescriptions is covered by The E2BP Plan™, including many of the nation's top-prescribed drugs such as:
- Simvastatin and atorvastatin for high cholesterol
- Amlodipine and lisinopril for high blood pressure
- Levothyroxine for hypothyroidism
- Bupropion for tobacco cessation
- Antibiotics like azithromycin and amoxicillin
- Pain management medications like gabapentin and meloxicam
(Inquire for list with full details)
Prescriptions not on the list may also be covered at a significant discount.
Q: What tax law does the Program utilize for pre-tax deductions?
The tax law that enables the pre-tax deduction for the employee's contribution to the Program is Section 125 of the Internal Revenue Service (IRS) Tax Code. Plans operating under this section are commonly known as "Cafeteria Plans." These plans allow employees to choose certain non-taxable qualified benefits and pay for them using pre-tax salary deductions.