A PHSP is a Health Spending Account (HSA) allowing flexibility and cost-savings to your business over traditional insurance plans on their own.
Benefits are not a taxable benefit to your employees, become an income-offsetting expense for your business, and you only pay for what is spent. No more paying thousands of dollars a month for under-used health insurance premiums.
Enrollment is simple and you'll receive all the necessary reports to give to your accountant every year.