Alloy’s Preventive Health Plan (PHP) is a tax-advantaged benefits model that helps employers lower payroll taxes while giving employees access to valuable preventive health services.
1. Pre-Tax Contributions
Employees contribute to the plan using pre-tax dollars, which reduces taxable income and lowers FICA and income tax exposure for both the employee and the employer.
2. Participation Rewards
Employees are rewarded for engaging in preventive health activities such as wellness check-ins, screenings, or educational sessions. These rewards appear as paycheck credits that offset deductions and keep net pay consistent.
3. Preventive Health Access
Participants and their entire household gain access to a curated set of preventive health services, including lab testing, primary care, behavioral health, and ongoing wellness education. These services are designed to help employees stay healthier and more productive while keeping overall healthcare costs low.
4. Built-In Compliance and Oversight
The plan is structured within a robust compliance framework that aligns with all major federal benefit regulations. Employers receive the assurance of a fully documented model with transparent reporting and communication.
5. Measurable Business Impact
The result is a sustainable benefits strategy that enhances employee well-being, reduces tax liability, and simplifies administration—all without changing insurance carriers or adding complexity to existing systems.
Alloy turns preventive health into a compliant, cost-saving business advantage. Employers benefit from measurable payroll tax savings, and employees enjoy meaningful wellness support that improves health outcomes and workplace satisfaction.
