How are employers charged for the benefits hired through SimplyInsured?

Article author
Nneka
  • Updated

Unlike in EOR, we will not bill benefit costs to our GP clients. The employer will be billed directly by the insurance company they select (SimplyInsured does NOT invoice them either). The employer is responsible of:

  1. Withholding any employee deductions from their salary, and passing this money over to the insurance company.
  2. Contributing with their own amount to the total cost of benefits.
  3. Paying the invoice issued by their insurance carrier.

SimplyInsure makes it possible for employers to enable auto-pay, by providing their bank details during the benefits set up process.

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