Save 20% or more on your group Health Insurance!
Eliminate surprise renewal hikes. Predictable Budget.
  • Introducing ICHRA:
    Individual Coverage Health Reimbursement Arrangement (ICHRA) allows employers to set a fixed tax-free monthly allowance for employees. The result is greater flexibility and more cost control and predictability for the employers.
    This model moves employers into the role of a financial supporter, empowering employees to choose coverage that fits their needs.
  • How it works:
    • Employers set a fixed, tax-free monthly reimbursement allowance for each employee.
    • Employees shop for and buy their own individual health insurance plan through the ACA Marketplace.
    • Employees submit proof of premium payments and are reimbursed up to their allowance amount. A third party typically handles administration and compliance.
  • Why Employers choose ICHRA:
    Predictable Budgets — Fixed monthly contribution, eliminating surprise renewal hikes.
    Strategic Flexibility — Tailor amounts for classes of employees to align benefits with your workforce structure.
    Cost Savings — Many employers see significant savings compared to traditional group plans.
    Less Hassle — No more selecting or managing a one-size-fits-all plan. Let employees pick what’s best for them.
  • Why Employees love ICHRA:
    Personalized Plans — Employees choose coverage that fits their health needs, preferred doctors, and budget.
    Portability — The plan belongs to the employee, not the company. If they change jobs, their coverage stays.
    Financial Freedom — A tax-free allowance lets employees decide how much to spend — they can upgrade or save.
    Transparent Benefits — The employer’s contribution is clear and defined, making the benefit easy to understand.
How ICHRA Differs from Traditional Group Insurance