One of the advantages of an Individual Coverage Health Reimbursement Arrangement (also called Individual Coverage HRA or ICHRA) is that health coverage can start at any time of the year….
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At The Intersection of Benefits and Technology
Scib Ebel, our Chief Technology Officer, recently wrote an article for Employee Benefit News. He discusses how benefits technology (Bentech) can help insurance brokers “position themselves as industry leaders, innovators and true partners for clients.”
Commonly Asked Legal Questions about ICHRAs
A conversation with Darcy Hitesman, Esq. The workplace, and the employees within, is changing rapidly. More and more employees are working part-time, remotely, or even seasonally. As the work landscape…
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ICHRA Annual Reporting: ACA and ERISA Filing Requirements
Blog Contents: ACA Filing Requirement for ICHRAs: IRS Form 1094 and IRS Form 1095 The Affordable Care Act (ACA) requires that all companies that sponsored an ICHRA (Individual Coverage Health…
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Nexben’s ICHRA Solution Streamlines ICHRA Administration
An ICHRA allows employees and employers to quickly adapt when life happens. But when transition arises, it can lead to a long “to-do” list for administrators—whether it’s adding a new…
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6 Steps to Successful ICHRA Enrollment
The Open Enrollment process can seem daunting—but Nexben is here to help. Our end-to-end ICHRA technology platform makes the process of setting up and enrolling in an ICHRA easy. This…
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The Impact of the Extended Open Enrollment Period on ICHRAs
In September 2021, the Centers for Medicare & Medicaid Services (“CMS”) announced an extended open enrollment period for federal exchange coverage until January 15. During this period, individuals may have…
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ICHRA Contribution Limits – Maximum and Minimum
Wondering what the maximum ICHRA contribution could be? Introduced in 2020, Individual Coverage Health Reimbursement Arrangements (ICHRA) are a new form of group health benefits. In an ICHRA, an employer…
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Nexben’s ICHRA Solution: Simplified, Consolidated Billing
Nexben’s all-in-one ICHRA marketplace provides simplified health insurance premium billing.
7 Top Facts about ICHRAs
The HRA Council is a non-profit, non-partisan advocacy organization comprised of HRA administrators and practitioners. They put together this document in order to set the record straight about common misconceptions.
