Today, healthcare costs are rising fast, making it difficult for employers to offer quality health benefits without overspending. A self-insured medical reimbursement plan provides a smarter, more cost-effective solution. The Lumara Plan stands out by combining the advantages of a traditional Section 125 plan with additional value-driven features. It includes not only the standard Section 125 benefits but also a fully managed Preventative Care Management Plan and a Specialized Insurance Medical Reimbursement Plan.
In this blog, we will explain what the Lumara Plan is, how it works, and how it helps save money while supporting employees.
What is a Self-Insured Medical Reimbursement Plan?
A self-insured medical reimbursement plan allows employers to cover specific healthcare costs directly instead of paying high insurance premiums. This gives businesses more control over how healthcare dollars are spent.
The Lumara Plan takes this to the next level by combining:
- Section 125 (tax savings structure)
- PCMP (Preventative Care Management Plan)
- SIMRP (Specialized Insurance Medical Reimbursement Plan)
Together, these parts create a smarter, more cost-effective health program.
How does the Lumara Plan Work?
The Lumara Plan is designed to be easy for both employers and employees. There is no confusing process, no complicated paperwork. Everything is taken care of for you. Here’s how it works:
- Employees join a simple tax-saving program that uses Section 125
- They get access to a fully managed preventive care program called PCMP
- They are also covered by a special medical reimbursement plan called SIMRP
- The full program is 100 percent compliant with government rules
- Setup is fast and smooth, usually done within 30 to 45 days
- Everything is automated so there is very little work for employers
- A self insured medical reimbursement plan provides a smarter, more cost-effective solution.
Cost Control Benefits for Employers
The Lumara Plan is built to help employers save money while still offering strong health benefits. The savings are real and the impact is quick. Here is what you can expect:
- You can save around $600 every year for each W2 employee on your team.
- If you have 100 employees, that means about $60,000 in annual savings.
- Setup is fast and easy, usually completed within 30 to 45 days.
- Everything is automated, so your team does not have to spend much time on paperwork.
- Better care leads to fewer claims, and claim costs go down by around $1,400 per employee over three years.
- When employees are healthier, they stay longer, perform better, and take fewer sick days.
- Your savings begin right away, often from the very first month.
- The plan also helps your company reduce total healthcare costs by 5 to 10 percent, which makes a big difference over time.
Lumara Plan Benefits for Employees
The Lumara Plan is not just good for your business, it’s great for your team as well. Here is what your employees get:
- Employees see an increase of about $100 in their take-home pay every month, with no extra cost to you.
- They get 24/7 access to Telemedicine and Virtual Care, and they never have to pay a copay.
- Spouses and dependents are fully covered as well, with $0 copays for all included services.
- Employees can use the Employee Assistance Program (EAP) for free support with personal, emotional, and work-related issues.
- They also receive free mental health and counseling services.
- Support is available for addiction recovery and couples counseling, again, all included at no cost.
- They can access trusted Mayo Clinic Programs and track their progress with a personal health dashboard.
- The plan includes a Health Vitals Facial Scan Tool to help employees monitor basic health indicators easily.
- There are helpful diet and stress management programs that support daily wellness.
Why is Lumara Health Different?
Most health plans only use Section 125 to help save on taxes. But the Lumara Plan goes much further. It combines a smart tax-saving structure using Section 125 with a fully managed Preventative Care Management Program. This helps keep employees healthier and lowers medical costs. It also includes a Specialized Insurance Medical Reimbursement Plan that offers extra support for medical expenses.
Together, these parts make the Lumara Plan very different and better than usual plans. It saves money for employers and gives employees better care and benefits. This plan is easy to use and works quickly for everyone.
Conclusion: Cut Costs With The Lumara Plan
The Lumara Plan makes healthcare simple, smart, and affordable for both employers and employees. It is not just another benefit plan. It includes tax savings through Section 125, better care with the PCMP, and strong support from the SIMRP. Employers save money every year, and employees get better health coverage and more take-home pay. The plan is easy to set up, fully managed, and starts showing results fast.
If you want to cut costs without cutting care, the Lumara Plan is the smart choice. It’s time to simplify your benefits and give your team what they truly deserve.