Vator’s Post

As a broker, you're on the front lines of rising group health plan renewal rates. Increasing the quality of options you present to clients is a top priority. ICHRA continues to become more prevalent in the mind of both employers and employees, with many still with questions. Why Recommend ICHRAs? ✅ Significant Savings: Help clients cut premiums by 20% or more. ✅ Cost Predictability: Ideal for high-risk industries. ✅ Scalability: Perfect for startups and remote teams. ✅ Medicare Integration: Tax-free reimbursements for eligible employees. ✅ Flexibility: Great for high turnover and seasonal workforces. ICHRAs enable employers to provide tax-advantaged contributions for individual health plans, ensuring ACA compliance while offering compelling benefits. With 3.1 million enrollees today and 11 million projected by 2025, ICHRAs are the future of healthcare benefits. Stay ahead of the curve and provide your clients with the innovative solutions they need. Empower your clients to embrace ICHRAs and transform their benefits strategy. #Brokers #Healthcare #ICHRA #EmployeeBenefits #CostSavings #Innovation https://lnkd.in/gGRZa-DU

Individual coverage health reimbursement arrangements, otherwise known as ICHRA, are enjoying a surge in popularity. QED's Victoria Zuo spoke with Fierce Healthcare's Noah Tong to discuss the tailwinds that could propel ICHRA to become a big category despite its infancy. Here's why we're searching for startups that do the boring administrative work for employers and that make direct enrollment easy for employees. https://lnkd.in/eT7vSK7P

If you are a CEO/CFO or small business owner that hasn’t looked into the benefits of an ICHRA, two words…..WIN WIN! ICHRA’s allow businesses to CONTROL the rising costs of providing healthcare benefits for their employees while providing employees more CHOICE in selecting a healthcare benefit package that is right for them. Reach out to the Benafica team to learn more!

What's the importance of an Excepted Benefit HRA (EBHRA)? With an EBHRA, employers can enhance an employee's traditional health plan coverage, making it easier to manage out-of-pocket costs like deductibles, copayments, and coinsurance.   How will the 2025 ruling effect your plan? Let's discuss in the comments! #RiskManagement #EmployeeBenefits #InsuranceInsight

The QSEHRA is a game-changer for small businesses looking to offer a health benefit. It allows small employers to reimburse employees tax-free for more than 200 types of medical expenses. Learn more about QSEHRA eligible expenses: https://lnkd.in/g32sQeiq #QSEHRA #healthinsurance #healthbenefits #smallbusiness

Organizations that want to better manage claims risk and lower health plan premiums should consider the savings opportunities of switching to a partially self-funded or level-funded health plan. Read our latest #USIExecutiveSeries article to learn more: https://usi.info/45cN3sT #EmployeeBenefits #SelfFunding #CostSavings #LevelFunding #StrategicPlanning #EmployeeEngagement #SustainableSolutions #EnhancedBenefits #HR #HumanResources

🔍 Exploring level-funded health benefits: Our latest blog post delves into level-funded health plans, a fixed-cost option for small businesses. Discover how level-funded benefits can offer cost predictability, their pros and cons, and why benefits like HRAs are often a better option: https://lnkd.in/gqjf2CJS #healthbenefits #healthinsurance #employeebenefits

Considering an #ICHRA (Individual Coverage Health Reimbursement Arrangement) but concerned it may overwhelm your employees? Let us put those fears to rest. In our latest blog post, we address the following questions: - Can employees confidently navigate the array of choices available to them?  - What if they make a choice that doesn't align with their needs, leading to dissatisfaction with you as their employer?  - Am I going to have to manage multiple plans for our many employees?    Read on for answers. https://hubs.ly/Q02hbZ0l0

📈 Are you an employer facing the soaring costs of healthcare? Group #StopLoss Captives are all about sharing, predicting, and controlling costs together — so you can offer quality health benefits to your employees for less. Read our latest blog to learn more about #selffunding with a group captive! https://lnkd.in/e-GhfgCW

Learn more about what the group medical captive can do for your employees and your bottom line.