Executive Health Plans

Summit Financial Group offers an executive medical reimbursement policy from Exec-U-Care. This insurance policy allows employers to reimburse key employees for out-of-pocket medical and dental expenses. This type of executive reimbursement can be considered discriminatory when funded wholly by the employer. However, Exec-U-Care is an insured plan that helps eliminate the discriminatory nature of an executive reimbursement plan. In addition, your premiums paid to Exec-U-Care can qualify as a tax deduction. Also, most employees will receive the benefits on a tax-free basis. Therefore, both the Employer and Employee will recognize benefits from implementing Exec-U-Care.