Benafica is a health benefits and insurance company that helps employers offer flexible, tax-free health reimbursement plans instead of traditional group health insurance.

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6701 Upper Afton Rd. Ste. 200, St. Paul, MN 55125

HRA

How to Design ICHRA Classes: Real-World Examples and Guardrails
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How to Design ICHRA Classes: Real-World Examples and Guardrails

One of the biggest advantages ICHRA has over group health plans is the ability to use employee classes. Instead of offering the...

July 31, 20260 Comments
How ICHRA and QSEHRA Work with Premium Tax Credits
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How ICHRA and QSEHRA Work with Premium Tax Credits

What happens to an employee's premium tax credit eligibility when they get offered ICHRA or QSEHRA dollars? Learn more about how each...

July 13, 20260 Comments
What Is an HSA? How Health Savings Accounts Work With HRAs
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What Is an HSA? How Health Savings Accounts Work With HRAs

Wondering how HSAs fit with HRAs? This guide explains what a Health Savings Account is, how it works, and when you can...

April 29, 20260 Comments
ICHRA and End-of-Year Tax Compliance [CHECKLIST]
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ICHRA and End-of-Year Tax Compliance [CHECKLIST]

Tax season is when ICHRA compliance gets tested. Use our benefit compliance checklist to stay organized, meet key filing requirements, and keep...

February 12, 20260 Comments
How ICHRA Fares Heading into 2026
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How ICHRA Fares Heading into 2026

As ACA subsidies face uncertainty and group plan renewals keep rising, employers are rethinking their health benefits strategy for 2026. Explore how...

November 13, 20250 Comments
QSEHRA Contribution Limits Updated for 2026
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QSEHRA Contribution Limits Updated for 2026

Qualified Small Employer HRA (QSEHRA) limits for 2026 have been updated by the IRS. These contribution rules limit how much a small...

October 22, 20250 Comments
QSEHRA vs ICHRA: Which Is Better for Your Business?
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QSEHRA vs ICHRA: Which Is Better for Your Business?

From business size to reimbursement rules, there are important differences between QSEHRA and ICHRA. Explore the pros, cons, and scenarios where each...

March 20, 20250 Comments
ICHRA Growth Surged in 2024. Here’s Why Companies are Making the Switch
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ICHRA Growth Surged in 2024. Here’s Why Companies are Making the Switch

As employers grapple with rising premiums for group health care plans, many are turning to ICHRA and QSEHRA as a more sustainable...

March 6, 20250 Comments
How ICHRAs Are Bridging the Gap in America’s Complicated Healthcare Benefits Landscape
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How ICHRAs Are Bridging the Gap in America’s Complicated Healthcare Benefits Landscape

A recent Bloomberg editorial detailed how America's healthcare system is "flawed by design." See how ICHRAs are bridging the gap between rigid...

February 5, 20250 Comments