Have you ever wondered how many employees on your health plan may get discounted care from the government (Premium Tax Credits)?
An individual coverage health reimbursement arrangement (ICHRA) offers employers an effective alternative to the traditional way of providing health insurance to employees.
Instead of offering a one-size-fits all group plan, employers can now provide tax-free funding to employees and allow them to purchase health insurance that best meets their particular needs.
Please complete a census form showing the dates of birth and home zip codes for each employee and dependents.
Let us compare the incomes of each employee to compare the cost of your employer contributions to what the potential premium tax credit.
Many employers are paying ACA penalties and now ICHRA can help reduce your total cost of risk, and reduce your COBRA liability.
No other broker or consultant can provide the detailed geographic rate analysis like The ICHRA Shop.
Moving to ICHRA can be disruptive if not done properly. Let us perform a disruption analysis to confirm the providers who are in each carrier ahead of enrollment.
ICHRA is different and requires a new data set to create reporting. We combine reporting and benchmarking to clients so they can drill down to cost saving tactics.