employer hra's (ichra)
Affordable Coverage
Affordable Coverage
It’s time to future-proof your benefits. Since January 1, 2020, ICHRAs have been transforming the way smart businesses handle healthcare—and the early adopters are already reaping the rewards. If you're still offering traditional group health, you could be missing out on flexibility, savings, and employee satisfaction. Let’s explore how an ICHRA can unlock better choices for your team—and more control for your business. Don’t wait—schedule your free strategy session today and see how six companies made the switch and never looked back!
Flexible Plans
Affordable Coverage
Are all taylored to the EMPLOYEE and what coverage they would like to have.
An ICHRA allows employers to reimburse employees for individual health insurance premiums instead of offering a one-size-fits-all group plan. Employers set a defined budget, giving them predictable costs and financial flexibility. Employees benefit from the freedom to choose coverage that fits their personal needs—whether that means a low-cost, high-deductible plan or more comprehensive coverage.
ICHRA plans are portable, tax-advantaged, and customizable, empowering employees while reducing administrative burden and cost uncertainty for employers.
Awesome Customer Service
Insurance is confusing, employees need support
We know health insurance can feel overwhelming—for both employers and employees. That’s why we offer personalized support through virtual or phone consultations to guide employees in selecting the right plan. Throughout the year, our team advocates on their behalf, ensuring ongoing support.
Introducing a new benefits model like an ICHRA can be challenging, so we provide high-touch service to ensure a smooth, stress-free transition for everyone involved.
Technology Makes Payments EASY
ICHRA’s Premium Payment Manager (PPM) is the most reliable system of its kind, streamlining payments with virtual credit/debit cards for each employee. Funded monthly by a single employer ACH transaction, PPM eliminates the hassle of outdated checking account methods—reducing errors, missed payments, and risk of plan termination.
Easy Enrollment
Enroll in our self-employed health insurance plans easily online or by phone.
An ICHRA is the next generation of employer-sponsored health care coverage. Now, employers of any size can make contributions to employees for major medical and Medicare premiums on a tax-advantaged basis with no caps on the reimbursement amount.
Employer-Sponsored Health Insurance
The ICHRA (Individual Coverage Health Reimbursement Arrangement) is redefining how employers manage health benefits—similar to how 401(k)s transformed retirement planning.
Employers set a fixed budget to reimburse employees for individual health or Medicare plans, gaining cost control while expanding employee choice. With rising healthcare expenses, this defined-contribution model is a strategic alternative to traditional group health insurance.
The federal government estimates that 800,000 employers will adopt ICHRAs, benefiting around 11 million employees—especially appealing to baby boomers and millennials.
To implement ICHRAs successfully, employers must:
- Follow specific compliance rules (e.g., eligible employee classes, proof of coverage, and uniform offerings within classes).
- Focus on plan strategy, compliance, and communication.
- Provide hands-on employee education and support.
- Systematically manage ongoing administration and reimbursements.
Early findings show that around 40% of ICHRA setups make strong financial sense, and with thoughtful execution, ICHRAs offer a modern, flexible solution to the ever-changing landscape of employee health
