The Overlay Savings Plan · Available Now

Cut Your Group Healthcare Spend By $1,000+ Per Employee, Per Year — Without Changing Your Plan, Broker, or HR Workflow

The NovaVida Overlay Savings Plan reduces your payroll tax burden, worksite claim exposure, and healthcare cost variability — layered directly on top of your existing benefits structure. Your team never notices a thing.

Request My Free Overview → See How It Works
The Painful Reality

Most Business Leaders Are Stuck In The Same Painful Loop

Every 12 months, the same conversation with your broker. Every year, the same frustrating result.

Premiums Keep Climbing

Every renewal cycle, your per-employee premium increases while actual coverage value stays flat or declines. There's no ceiling in sight — and passing costs to employees only makes retention harder.

Coverage Gets Thinner Every Year

To offset rising premiums, employers shift costs onto employees — higher deductibles, larger copays, narrower networks. Employees notice. And the best ones leave.

Same Tools, Same Outcome

Your broker presents the same carrier options year after year. Switching networks disrupts your workforce. The system feels locked — because with traditional approaches, it is.

The Overlay Savings Plan

One Addition. Three Wins.

Layer the Overlay Savings Plan on top of your existing benefits structure — without touching a single piece of it.

Employers Win

Real Dollars Back to Your Bottom Line

Reduce FICA payroll tax exposure via Section 125, minimize costly worksite incident claims, and smooth out year-over-year healthcare cost variability — without restructuring your plan.

  • $500–$1,200+ savings per W-2 employee
  • Lower worksite incident liability
  • Reduced variable claim costs (self-funded)
Employees Win

More Coverage, Lower Out-of-Pocket

Employees receive meaningful supplemental coverage that shields them from unexpected health costs — without changing their primary plan, network, or physicians.

  • No doctor or network changes
  • Supplemental benefits that actually pay
  • Stronger retention and satisfaction
HR Doesn't Blink

Zero Disruption to What You've Built

No carrier transitions. No mid-year plan overhauls. No new HR systems to learn. Your existing benefits infrastructure stays fully intact — we add value on top of it.

  • Keep your current broker and carrier
  • No new system integrations required
  • 30-day implementation, minimal HR lift
ROI Calculator

See Exactly What You Could Save

Enter your workforce details for a personalized savings estimate based on your specific situation.

Savings estimates are projections based on industry averages and workforce assumptions. Not a guarantee of savings or tax outcomes.

Like what you see? Let's talk.

Speak with a NovaVida specialist — no obligation, no pressure, just real numbers for your business.

Call 561-339-0727 Text via WhatsApp Request Free Overview →

Is the Overlay Savings Plan Right For You?

We work selectively with employers where we know we can deliver measurable results.

Great Fit

  • 50 or more W-2 employees on your payroll
  • Fully insured or self/level-funded group health plan
  • Employer is contributing to employee premiums
  • Looking to reduce costs without disrupting employees
  • Renewal approaching, or open to mid-year implementation

Likely Not a Fit

  • Fewer than 25 W-2 employees
  • No employer contribution to health premiums
  • Looking to replace your carrier or completely redesign your plan
  • Workforce is primarily 1099 contractors
  • Government or public sector employer
Get Started

Request Your Free Overview

We'll review your details and follow up within 1 business day with a custom savings projection.

Call 561-339-0727 Text via WhatsApp savings@novavidagroup.com

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FAQ

Frequently Asked Questions

Everything you need to know before requesting an overview.

Will this require us to change our broker or health insurance carrier?
No. Your current broker relationship and health insurance carrier stay completely intact. The Overlay Savings Plan is designed to complement your existing benefits structure, not replace it. Your employees keep their doctors, networks, and primary plan benefits exactly as they are today.

How do the savings actually work — is this too good to be true?
The savings come from three well-established mechanisms. First, Section 125 of the Internal Revenue Code allows pre-tax benefit contributions to reduce FICA payroll taxes — the same code governing 401(k)s and FSAs. Second, worksite health programs statistically reduce the frequency and severity of on-the-job incidents, which carry significant financial exposure. Third, for self or level-funded plans, reducing claims variability through supplemental coverage directly improves year-end performance. None of these are loopholes — they're proven strategies most mid-market employers haven't fully leveraged.

We just renewed six months ago. Can we still implement this?
Yes. Because the Overlay Savings Plan layers on top of your existing structure without modifying your primary plan, it can be implemented at any point in your benefit year — not just at renewal. Most employers are up and running within 30 days of agreement. If you prefer to align with your next renewal window, we can plan for that timing as well.

Is this IRS- and DOL-compliant?
Yes. The Overlay Savings Plan is built on Section 125 of the Internal Revenue Code and uses properly structured supplemental benefit products. We provide full documentation, plan documents, and employee disclosures as part of implementation. We actively support employers who want to review the program with their legal or benefits counsel.

How long does implementation take, and what does HR need to do?
Typical implementation takes 3–4 weeks from signed agreement to go-live. Your HR team's involvement is minimal: one kickoff call, plan document review and signature, and a brief employee communication. We handle enrollment logistics, carrier coordination, and ongoing administration. Most HR leads tell us it's the simplest benefits addition they've ever done.

Limited Availability by Region

Your Competitors Are Already Reducing Their Benefits Costs.

Don't wait until your next painful renewal to explore what's possible. Request a free overview today and see your personalized savings projection.

Request My Free Overview → Calculate Savings First
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