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BizPower Benefits by BizPower360

Tax Structure Note: ESPA uses two coordinated medical benefit components. An eligible employee's prospective Section 125 election applies to the Component One medical benefit. Component Two is separately employer funded and administered under the SIMRP. Eligible Component Two reimbursements are determined under the Plan's eligibility, medical-expense, substantiation, coordination, and reimbursement requirements. Applicable tax treatment depends on the Plan's terms and operation.

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