ICHRA
Individual Coverage Health Reimbursement Arrangement
Health benefits that work for everyone: Offering benefits doesn’t have to be complicated. With ICHRA, you set a monthly budget, and employees choose the health plan that works best for them. It’s a simple, flexible way to provide coverage while giving your team real choice and control.
What’s ICHRA?
ICHRA is a tax-advantaged employer benefit that contributes towards employee’s individual health insurance premiums and other qualified medical expenses. Rather than selecting a single group plan and hoping it fits your workforce, you establish a monthly allowance per employee and let each person find the plan that suits their own health needs. ICHRA is fully IRS-approved, ACA-compliant, and available to employers of any size, with no contribution caps, no minimum headcount requirements, and no obligation to offer the same plan to everyone.
Your employees benefit from:
Choice:
Freedom to choose an ACA marketplace plan that fits their needs, with tax advantages.
Ownership:
Coverage that stays with them, even if they change jobs.
Simple Experience:
A user-friendly enrollment through Decisely’s platform, with everything in one place.
Expert Guidance:
Ongoing support from experienced benefits advisors every step of the way.
You benefit from:
Retention:
Attract and retain talent with competitive benefits. Employees with benefits stay twice as long as those without.
Easy Set Up:
No participation minimums and full ACA and IRS compliance — simple to manage and scale with support from our team.
Cost Control:
Set your budget upfront with no surprise renewal increases and tax-deductible contributions for your business.
Flexibility:
Offer ICHRA on its own or alongside a group plan, and customize contributions by role, location, or employment type.
ICHRA vs. Group Plans.
Not sure which option is right for your business?
Here’s a quick look at the key differences.
| Feature | ICHRA | Group Plans |
|---|---|---|
| Cost Control | Employers set a fixed contribution amount that works for their budget. | May offer group pricing, but costs can change at renewal. |
| Flexibility | Employees choose individual plans tailored to their needs. | One plan (or a few options) for all employees. |
| Portability | Coverage stays with the employee. | Coverage typically ends if they leave. |
| Employee Retention | Personalized benefits that appeal to a diverse, modern workforce. | Familiar option that may appeal to employees used to group coverage. |
Explore Your Options:
From planning your contributions to supporting your team, we partner with you throughout your entire ICHRA journey.
Start with a Quick Form:
It only takes a minute to get in touch for a free, no-obligation ICHRA consultation to see if it’s right for your business.
Talk with an Expert:
We’ll reach out to learn more about your goals and walk through your options. Then, we’ll build a customized ICHRA analysis, review potential savings, and help you choose what works best for your team.
Launch Benefits:
We’ll handle setup and guide you through implementation for a smooth rollout. Your team gets the help they need as they enroll and manage their plans through our easy-to-use platform.
Why choose
?
We’ve helped thousands of small businesses offer smarter, more affordable benefits. From flexible healthcare to hands-on HR tools, we make it easy to support your team without overloading your plate. You stay focused on your business—we’ll handle the rest.
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