Blogs

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.

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.

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:

ICHRA plans allow for employers to set contribution allowances themselves, unlike traditional small group plans where the contribution is predetermined. Here are a few contribution strategies that can allow for more budget flexibility among employers.

While traditional fully-insured plans may feel safe to employers, self-insured plans are on the rise due to their flexibility and potential for cost-savings. Here’s how to turn employer-perceived challenges into opportunities for your clients.

As health insurance options expand for all, employers have more choices than ever with ICHRAs, small group plans and QSEHRAs. Here’s the information brokers need to help identify which plan might be best for their clients.

ICHRA’s benefits aren’t just limited to small companies. The cost-savings and flexibility an ICHRA (and Trovia) provides can work for large companies, too. Read more here.

ICHRA’s benefits aren’t just limited to small companies. The cost-savings and flexibility an ICHRA (and Trovia) provides can work for large companies, too.

Nexben’s side-by-side quoting feature allows for brokers to run multi-carrier small group health insurance plan comparisons with a click of a button.

Take advantage of a special enrollment period and identify which of your clients may benefit from adopting Trovia, an ICHRA-solution.