Self-Insured Medical Reimbursement Program (SIMRP)

The Self-Insured Medical Reimbursement Program (SIMRP) is an IRS-compliant benefit strategy that uses pre-tax wellness deductions and reimbursements to reduce payroll taxes while offering meaningful medical and wellness benefits to employees. Employers can save around $550 per employee per year, improve retention, and provide wellness programs such as telehealth and mental health services—all while keeping employees’ take-home pay intact.