For decades, offering a traditional group health insurance plan was viewed as a standard milestone for a growing business. Employers worked with a broker, selected a plan, absorbed the annual renewal increase, and moved forward. [...]
As defined-contribution health benefits gain traction, the intersection of ICHRA and Medicare is becoming a critical focus for employers and brokers. From reimbursement rules to Medicare Secondary Payer (MSP) compliance, staying updated on evolving [...]
How Smart Business Owners Are Cutting Their Tax Bill While Boosting Benefits As Tax Day approaches, many business owners find themselves in a familiar bind, scrambling to find legitimate ways to reduce their [...]
If you’ve been exploring group health insurance options recently, you’ve likely come across a common question: Is an ICHRA better than a traditional group health plan? The honest answer is: it depends. Both group [...]
Health benefits strategy is evolving, and more employers and brokers are evaluating Individual Coverage Health Reimbursement Arrangements (ICHRAs) as a long-term alternative to traditional group health plans. But before you move forward, it's important [...]
Most employers and brokers are familiar with the big compliance items tied to an Individual Coverage HRA (ICHRA): plan documents, affordability, employee notices, and ACA reporting. But there’s a less‑talked‑about ICHRA reporting requirement that’s getting [...]
Individual Coverage HRAs (ICHRAs) offer employers and employees more flexibility in how health benefits are delivered. Employees choose an ACA-compliant individual major medical plan that fits their needs, and the employer provides a tax-free [...]
One of the most common questions we hear about the Individual Coverage Health Reimbursement Arrangement (ICHRA) is: “Do I have to offer ICHRA to all of my employees?” The quick answer: No. The longer answer: [...]
Employers want to help their employees with healthcare costs. A common approach is to give health stipends, perhaps $200 per month, and tell the employee it can be used for medical or dental coverage. [...]
Health Reimbursement Arrangements (HRAs) offer employers a modern, flexible way to support employees' healthcare costs. They’ve grown in popularity as businesses search for alternatives to traditional group health insurance, offering employees more choice while [...]