Exec-U-Care provides special coverage that goes above and beyond your company’s standard medical plan. Exec-U-Care is an insured medical reimbursement policy that reimburses your most valuable employees for
out-of-pocket medical expenses. According to the current tax code, benefits
for executives are tax-free. Also, most for-profit businesses can receive a
corporate tax deduction.
Insured executive reimbursement plans allow corporations to offer this
special benefit to top executives — only those employees to whom you
want to give an extra perk!
Exec-U-Care supplements your basic health plan by reimbursing your select insured employees for many of the expenses not covered under your basic plan — as much as $100,000 per year.
Reward your top employees with special perks...at no additional cost to them!
Eligible expenses include, but are not limited to:
- Deductibles, coinsurance and copays;
- Dental care and orthodontia;
- Eyeglasses, contact lenses and other vision care;
- Hearing aids and examinations;
- Employee after-tax contributions toward employer-provided health,
dental or vision plans;
- Annual physicals and preventive care;
- Professional nursing or physical therapy services;
- Transportation needed for medical care;
- Prescription drugs;
- Expenses for nervous and mental disorders;
- Treatment for alcohol and drug use;
- Excess amounts up to the usual and customary prevailing health care charges.