Champion Health

https://torch.champplan.com/info/generationaltbs

Health Population Management

Discover The CHAMP Plan: Your Key to Better Benefits

The CHAMP Plan is a must-have for businesses with five or more employees, yet many don’t know it exists. This powerful health management solution boosts employee well-being, cuts healthcare costs, and increases take-home pay, with no net cost to the employer—enhancing your bottom line. Sound too good to be true? It’s not. We just haven’t reached you yet.

The CHAMP Plan by Champion Health is a health management program designed to complement an employer’s existing health insurance. It focuses on improving employee health, productivity, and retention by offering access to various services and resources, including primary care, urgent care, prescriptions, and mental health support, often with $0 copays. It also includes a Personal Health Manager program with tools like a Health Risk Assessment, educational videos, and curated content to help employees proactively manage their health.

Here’s a more detailed breakdown:

Key Features:

  • Complementary to existing insurance: The CHAMP Plan works alongside an employer’s existing health insurance plan (HMO, PPO, FSA, HSA, etc.). 
  • Focus on preventative and proactive care: It emphasizes preventative care, early detection of health risks, and personalized health improvement plans. 
  • $0 copays and access to services: Many services, like primary care visits, urgent care visits, and prescriptions, are offered with $0 copays, making healthcare more accessible.
  • Personal Health Manager: This program provides employees with tools and resources to manage their health, including a Health Risk Assessment, educational videos, and curated content. 
  • Mental health support: The plan includes access to mental health services, such as virtual therapy, an AI-powered chatbot named Bella, and peer support.
  • Virtual direct primary care: Provides 24/7/365 access to physicians through virtual appointments. 
  • Personal health assistants: Offers confidential consultations with personal health assistants. 

Benefits for Employers:

  • Reduced healthcare costs: By promoting preventative care and early intervention, the plan aims to lower overall healthcare expenses for employers.
  • Improved employee retention: Offering a comprehensive benefits package like the CHAMP Plan can increase employee satisfaction and reduce turnover.
  • Enhanced employee productivity: By addressing health issues proactively, the plan can lead to healthier and more productive employees. 
  • Payroll Tax Reduction: No net cost to the employee and employer payroll taxes are reduced by the pre-tax employee benefits, averaging over $500p/yr p/employee systemwide for a net gain on your overall payroll costs.

Benefits for Employees:

  • Reduced out-of-pocket costs: $0 copays and access to services can significantly lower the cost of healthcare for employees. 
  • Improved access to care: Virtual and in-person options for primary care, urgent care, and mental health services make healthcare more accessible. 
  • Proactive health management: The Personal Health Manager program empowers employees to take control of their health and well-being. 

How the Math works

The CHAMP plan works through a deduction of $1200 out of each eligible employee’s paycheck on a pre-tax basis. This amount is then used to pay for the employee’s use of The CHAMP plan. This results in a lower taxable income for the employee, which in turn results in a lower tax bill. The employer also benefits from this arrangement by saving on payroll taxes.

Each month the employer will be sending Champion Health the net withholdings of $190 from the employee’s paycheck and $44.00 from the employer for an administration fee. This results in a total monthly ACH from the employer to Champion Health of $234.00 per employee per month.

The CHAMP plan generates a total payroll tax savings to the employer of $91.80 monthly ($1200 employee pre-tax * 7.65%).

$190/ employee / month

Employee Contribution

*$70 Pre-tax contribution to MEC Claims Fund + $120 post-tax contribution to Health Population Management Claim Fund

+

$44/ employee / month

Employer Administration Fee

=$234/ employee / month

BEFORE & AFTER

a real world example