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

US Healthcare

Will the ‘One Big Beautiful Bill’ Affect Your Medicare? Here’s What to Know
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Will the ‘One Big Beautiful Bill’ Affect Your Medicare? Here’s What to Know

Congress passed a large spending bill that makes big changes to Medicare and Medicaid over the next decade. New work requirements and...

August 7, 20250 Comments
Healthcare 101: 10 Insurance Benefit Terms You Should Know
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Healthcare 101: 10 Insurance Benefit Terms You Should Know

Premiums, deductibles, coinsurance — oh my. 😱 Choosing a healthcare plan is about finding the right balance between coverage and cost for...

July 10, 20250 Comments
From Marriage to Moving: How Qualifying Life Events Affect Your Health Insurance
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From Marriage to Moving: How Qualifying Life Events Affect Your Health Insurance

Life happens, and when it does, your health insurance should be able to keep up. This blog breaks down the qualifying life...

May 20, 20250 Comments
Beyond Benefits: Why Mental Health Drives Employee Loyalty
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Beyond Benefits: Why Mental Health Drives Employee Loyalty

Today’s employees are seeking more than a standard benefits package. Mental health support, flexible healthcare options, and strong workplace culture are key...

May 8, 20250 Comments
ICHRA Challenges You Didn’t Expect: Why the Right Provider Matters
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ICHRA Challenges You Didn’t Expect: Why the Right Provider Matters

From market fragmentation to inconsistent payment systems, navigating ICHRA isn’t always seamless—here’s why choosing the right provider, like Benafica, matters.

April 10, 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
What is an HRA? Understanding Health Reimbursement Arrangements
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What is an HRA? Understanding Health Reimbursement Arrangements

Health Reimbursement Arrangements (HRAs) are employer-funded benefits that reimburse employees for qualified medical expenses and, in some cases, insurance premiums. In this...

June 22, 20220 Comments
ICHRA vs. Group Plans: Which is Better?
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ICHRA vs. Group Plans: Which is Better?

Choosing between an ICHRA and a traditional group health plan depends on your business’s needs, budget, and workforce diversity. This blog explores...

April 22, 20210 Comments