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States mandate employers to set up cafeteria plans Employers in many states are now, or soon will be, required to adopt a Cafeteria Plan, meeting the criteria of Section 125 of the Internal Revenue Code. Mandates differ from state to state. Cafeteria Plans, also referred to as Premium Only Plans (POP), allow employees to use pre-tax dollars to pay their portion of the premium for their employer-sponsored health coverage.
Through MHM's Agent Certification Program, you will be able to insure your clients are meeting respective state mandates for Cafeteria Plans. Click here to become certified with MHM. Watch this site for updates as additional states implement Cafeteria Plan mandates for employers. Click here for more information about POP. |
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