Streamlined employee health benefit options for companies of any size.
ICHRA stands for Individual Coverage Health Reimbursement Arrangement. It is an alternative to traditional group health benefits that allows employers of any size to provide more flexible and cost-effective health benefits to their employees. With ICHRA, employees choose their own health insurance plans and get reimbursed for expenses.
Looking for an option for small businesses (less than 50 employees?) Check out
A modern platform built in-house by Benafica to give you a smarter, simpler ICHRA experience.
This strategy ensures greater equity across your workforce.
This strategy can be simpler to understand but it can disadvantage older employees and those living in areas where insurance is more expensive.
