So, how and why is this legal?

In 2010 the Affordable Care Act was passed, and there was a little-known provision added in 2013 subsidizing and incentivizing preventative care. For over a decade however, no one could really figure out a tax-viable way to take advantage without potential IRS trouble. 

Well, in April 2024 a tri-agency ruling came out from the IRS, HHS, and the Department of Labor confirming and clarifying the legality of these programs while also providing the necessary clarification for the floodgates to open and companies to start taking advantage of this government-subsidized program.  

Our carrier is so confident in the legality and implementation of this program that they offer guaranteed legal protection. Though it should never be needed, for peace-of-mind this legal protection is included for every client, up to $500k for employers and $10k for each employee. Our carrier has partnered with a leading tax and employee benefit law firm, which we can schedule you or your attorneys with for consult, legal questions, or otherwise.