This is the second post in the series “Nexben’s ICHRA Solution.” See below for links to the other installments.
The traditional way: Paperwork, printers, and inefficiency
The easy way: Easy-to-send live proposals directly from the platform
After health insurance brokers generate benefit plan quotes for clients, it’s time to send these groups the most comprehensive plan options in a proposal. With Nexben’s ICHRA solution, proposals are created in mere minutes and include live links to respective plan details and network information for both prescriptions and doctors. The valuable information provided in these proposals gives clients the tools they need to choose the best possible benefits package for them and their employees.
These proposals allow brokers to compare the cost of the group’s renewal plan next to an ICHRA option. Brokers can also adjust contribution amounts and employee participation within the client proposals, making it easy for them to compare what pre-tax contribution strategy may work best depending on the proposed health insurance plan options.
The proposals are paperless and always accessible via the Nexben platform. And, the proposals can be sent right to the client for immediate review through the direct email function. From there, groups can make adjustments, comparing various strategies between plan options. Then they decide which option is going to be best for them and their employees.
Read more on Nexben’s ICHRA solution here.