by nexbenstage | May 24, 2021 | Uncategorized
One of the advantages of adopting an ICHRA (Individual Coverage Health Reimbursement Arrangement) group health plan is that employers are able to set their own contribution allowance. Obviously, this autonomy is a departure from the traditional small group plans that...
by nexbenstage | Apr 30, 2021 | Uncategorized
Though employers have typically leaned towards fully-insured health plans, the adoption of self-insured plans is on the rise. Many employers are accustomed to using fully-insured plans where the employer pays a fixed premium and employees may share in that cost. A...
by nexbenstage | Apr 20, 2021 | Uncategorized
With an ever-expanding portfolio of health insurance options, brokers are in a position to offer tailored benefits packages to their clients. But, how do you know which might be best? We’ll break down the caveats between ICHRAs (individual coverage health...
by nexbenstage | Apr 6, 2021 | Uncategorized
When ICHRAs became available last year as an employer-funded, tax-free health benefit, smaller companies began to say “goodbye” to traditional group plans and started to adopt this new benefit alternative instead. The benefits that an ICHRA can provide aren’t just for...
by nexbenstage | Oct 10, 2020 | Uncategorized
Healthcare costs are a top concern among Americans, and ever-rising premiums are putting strain on both employers and employees. As of January 2020, new federal regulations allow employers to take advantage of expanded usability of Health Reimbursement Arrangements...
