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Updates and Insights
Getting the most out of the benefits market requires insight and guidance.
Annual PCORI Filing Due to IRS by August 2, 2021
The Affordable Care Act imposes a fee on plan sponsors (usually the employer) of applicable self-insured health plans to help fund the Patient-Centered Outcomes Research Institute (PCORI). All HRAs are considered self-insured plans, including ICHRAs.
Nexben’s Step by Step Guide to Setting Up an ICHRA
We’ll start with a general step-by-step guide from the point of view that a company is starting from scratch with an ICHRA. Almost as if they have not offered health insurance benefits in the past. Then we’ll see how this changes when transferring from another type of group health plan to an ICHRA.
Why hasn’t the health insurance marketplace innovated?
Technology should be embraced and seen as a resource to enhance a broker’s value—not as a cumbersome roadblock. Billions of dollars are being invested into Insurtech and we’re going to continue to see new solutions and ideas that are designed to improve the health insurance industry.
How to Broker an ICHRA in 2021
An Individual Coverage HRA represents a modern model of employer-sponsored health insurance. Now employers, of any size, can use pre-tax dollars to create a group health plan to reimburse employees for part or all of their individual health plan premiums.
The Promising Future of ICHRAs
Nexben recently commissioned an analysis of the ICHRA market, conducted and published by Ezer21, an innovation consulting and advisory firm. Through in-depth interviews with brokers, technology leaders, and regulatory experts to gather their perceptions of the key advantages and opportunities with ICHRAs, we learned:
The Promising Future of ICHRAs
Nexben recently commissioned an analysis of the ICHRA market, conducted and published by Ezer21, an innovation consulting and advisory firm. Through in-depth interviews with brokers, technology leaders, and regulatory experts to gather their perceptions of the key advantages and opportunities with ICHRAs, we learned:
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