MERP

Health care costs have risen at an alarming rate over the past several years. There is perhaps no one that’s been hit harder in this regard than small businesses. It’s difficult for a small business owner to cover their own health care costs, let alone those of their employees.

Fortunately, there are some ways you can help contain your costs, and help out your employees as well: a Medical Expense Reimbursement Plan (also known as a “MERP”). While it doesn’t take all of the stings out of rising costs, it does provide you with a tax-free way to pay for medical expenses.

Here are some of the basics about the medical expense reimbursement plan, and why you should consider implementing … Read more →

Heath care costs have risen at an alarming rate over the past several years. There is perhaps no one that’s been hit harder in this regard than small businesses. It’s difficult for a small business owner to cover their own health care costs, yet alone those of their employees.

Fortunately, there are some ways you can help contain your costs, and help out your employees as well: a Medical Expense Reimbursement Plan (also known as a “MERP”). While it doesn’t take all of the sting out of rising costs, it does provide you with a tax-free way to pay for medical expenses.

Here are some of the basics about the MERP, and why you should consider implementing one for your … Read more →

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