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.
What Every Insurance Broker Should Know About ICHRAs
Identify which of your clients may benefit from adopting an ICHRA solution.
ICHRA Notice Relief
Employers offering an ICHRA are typically required to provide written notice to each participant at least 90 calendar days before the beginning of each plan year. Due to Covid-19 and during the national emergency the timeframe to provide the required notice has been adjusted. Under EBSA Disaster Relief Notice 2020-01, the ICHRA notice may be furnished as soon as administratively possible under the circumstances.
Nexben’s ICHRA Solution: The Easy Way to Enroll
Nexben’s all-in-one ICHRA marketplace makes makes the enrollment process easy for everyone.
Nexben’s ICHRA Solution: The Easy Way to Create Proposals
Nexben’s ICHRA solution makes the health insurance benefits enrollment process seamless for both brokers, clients and their employees. When starting with a proposal, why not start paperless? Our technology is capable of driving the entire process from quoting, to enrollments from one platform, with no paper.
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.
