Form preview

Get the free Premium Only Plan Application

Get Form
A document outlining the Premium Only Plan (POP) which allows employees to pay certain insurance premiums with pre-tax income, thereby increasing their take-home pay and reducing employer payroll
We are not affiliated with any brand or entity on this form

Get, Create, Make and Sign premium only plan application

Edit
Edit your premium only plan application form online
Type text, complete fillable fields, insert images, highlight or blackout data for discretion, add comments, and more.
Add
Add your legally-binding signature
Draw or type your signature, upload a signature image, or capture it with your digital camera.
Share
Share your form instantly
Email, fax, or share your premium only plan application form via URL. You can also download, print, or export forms to your preferred cloud storage service.

Editing premium only plan application online

9.5
Ease of Setup
pdfFiller User Ratings on G2
9.0
Ease of Use
pdfFiller User Ratings on G2
Follow the steps below to use a professional PDF editor:
1
Register the account. Begin by clicking Start Free Trial and create a profile if you are a new user.
2
Prepare a file. Use the Add New button to start a new project. Then, using your device, upload your file to the system by importing it from internal mail, the cloud, or adding its URL.
3
Edit premium only plan application. Add and replace text, insert new objects, rearrange pages, add watermarks and page numbers, and more. Click Done when you are finished editing and go to the Documents tab to merge, split, lock or unlock the file.
4
Get your file. Select the name of your file in the docs list and choose your preferred exporting method. You can download it as a PDF, save it in another format, send it by email, or transfer it to the cloud.
pdfFiller makes dealing with documents a breeze. Create an account to find out!

Uncompromising security for your PDF editing and eSignature needs

Your private information is safe with pdfFiller. We employ end-to-end encryption, secure cloud storage, and advanced access control to protect your documents and maintain regulatory compliance.
GDPR
AICPA SOC 2
PCI
HIPAA
CCPA
FDA

How to fill out premium only plan application

Illustration

How to fill out Premium Only Plan Application

01
Obtain the Premium Only Plan Application form from your HR department or the company website.
02
Fill in your personal information, including your name, address, and employee identification number.
03
Provide details about your health insurance plan to indicate which coverage you are applying for.
04
Review the eligibility criteria listed on the application to ensure you qualify.
05
Sign and date the application at the designated area.
06
Submit the completed application to your HR department by the specified deadline.

Who needs Premium Only Plan Application?

01
Employees who wish to enroll in a Premium Only Plan offered by their employer.
02
Employees looking to reduce their taxable income through pre-tax premium contributions.
03
Employees eligible for health insurance benefits through their employer.
Fill form : Try Risk Free
Users Most Likely To Recommend - Summer 2025
Grid Leader in Small-Business - Summer 2025
High Performer - Summer 2025
Regional Leader - Summer 2025
Easiest To Do Business With - Summer 2025
Best Meets Requirements- Summer 2025
Rate the form
4.0
Satisfied
28 Votes

People Also Ask about

Premium Only Plan (POP) With this plan, companies allow what would be a post-tax employee contribution to their group insurance to be pre-tax contributions. As a result, both the employee and employer see tax savings, as long as the company files the proper paperwork to make it happen.
ADP's Premium Only Plan (POP) helps businesses and employees reduce their tax expenses by allowing employees to pay part of their health insurance premiums with pre-tax dollars. Typical eligible premiums include: Health, Dental, Vision, Disability and Life insurance.
Cons of self-funded health insurance Employer assumes the risk. May have to comply with HIPAA regulations. Employer has to keep reserves for incurred but not reported (IBNR) claims if the plan is terminated. There is more work involved for employers, even when they outsource to TPAs. Variable monthly cash flow.
A premium only plan (POP) is a type of Section 125 cafeteria plan that allows employees to pay their share of employer-sponsored health insurance premiums using pre-tax dollars. These plans typically cover premiums for medical, dental, vision, and certain life insurance policies.
Employee/Participant Disadvantages: May not change election throughout the plan year without a qualified event. May reduce other benefits that are calculated using employee's income, ie. Social Security or retirement benefits.
A premium only plan (POP) is a type of Section 125 cafeteria plan that allows employees to pay their share of employer-sponsored health insurance premiums using pre-tax dollars. These plans typically cover premiums for medical, dental, vision, and certain life insurance policies.
ADP's Premium Only Plan (POP) helps businesses and employees reduce their tax expenses by allowing employees to pay part of their health insurance premiums with pre-tax dollars. Typical eligible premiums include: Health, Dental, Vision, Disability and Life insurance.

For pdfFiller’s FAQs

Below is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.

The Premium Only Plan Application is a form used to establish a Premium Only Plan (POP), allowing employees to pay their health insurance premiums with pre-tax dollars, thereby reducing their taxable income.
Employers who wish to offer a Premium Only Plan to their employees are required to file the Premium Only Plan Application.
To fill out the Premium Only Plan Application, employers need to provide details about the company, the health insurance plan, and the participating employees, ensuring all sections of the form are completed accurately.
The purpose of the Premium Only Plan Application is to set up a tax-advantaged way for employees to pay their health insurance premiums, encouraging participation in employee benefit programs.
The information that must be reported includes the employer’s identification details, the health insurance plan specifics, employee eligibility criteria, and any necessary signatures or consents.
Fill out your premium only plan application online with pdfFiller!

pdfFiller is an end-to-end solution for managing, creating, and editing documents and forms in the cloud. Save time and hassle by preparing your tax forms online.

Get started now
Form preview
If you believe that this page should be taken down, please follow our DMCA take down process here .
This form may include fields for payment information. Data entered in these fields is not covered by PCI DSS compliance.