Why we're doing this

1. We want every family to get the care they need

That's the heart of it for us. This program adds virtual doctor visits, mental health visits, generic prescriptions, and hospital coverage on top of your medical plan^{[7, 2, 3, 4, 5]}. Elysian built it so the program fees are covered by the payroll tax savings the Section 125 plan creates^[8]. It isn't free money. Employees buy real insurance with pre-tax dollars, and the savings come from tax rules the plan has to follow. When that works the way it's designed, a family can get a little more help with care.

2. We want employers to keep more of what they earn

Every pre-tax premium dollar lowers the employer's 7.65% FICA tax on that dollar^[9]. When a business keeps more of its money, it can reinvest, hire, and hold on to good people. That's good for the whole community — and it's good for the families who work there.

3. We picked this program because we can show you why

There are dozens of programs like this out there. You shouldn't have to take anyone's word for it. So we went looking for proof we can actually hand you:

• A written legal review. Elysian has a written tax memo from the national law firm Holland & Knight, dated Dec. 1, 2025. It concludes the product is “on solid footing under the published rulings and regulations.”^[10] The memo was written for Elysian, so your own advisor should review it too.
• A strong carrier relationship, backed by Bain Capital. Elysian is appointed with Federal Life Insurance Company^[1]. Federal Life calls itself “backed by leading investment firm, Bain Capital.”^[11] Bain's SEC filing (Form ADV) shows that it holds an indirect economic interest in the parent company of Federal Life Group^[12]. Bain is an investor in the carrier. It doesn't own Elysian.
• Legal defense if you're audited. Elysian states it covers the legal fees if an employer is audited because of the program^[13]. Ask for the written terms, and read them before you sign.
• The audit record so far. Per Elysian, the employers on the program that have been audited by the IRS have passed with no taxes or penalties assessed, and the program covered their legal fees^[14]. Ask us for the documentation, which is shared under NDA.

That's where our confidence comes from: documents you can read, filings you can look up, and a program your own advisor can check.