Secure your health, Protect your future
We make ICHRA Plans easy
Custom Design
- Build your own perfect ICHRA plan in minutes.
- Get a custom-made ICHRA plan that's just right for your team.
Simple Yet Smart
- Navigate the platform effortlessly with a user-friendly and intuitive mobile-friendly interface
Affordable
- Enjoy transparent and affordable pricing with no hidden fees.
- Super affordable healthcare - no strings attached.
Design Your Ideal ICHRA
Get started by answering a few questions about how you’d like your ICHRA to work. Don’t worry, our platform will guide you through the process and put you in control as you craft your ICHRA.
You’ll be able to choose:
- Employee classes
- How much to reimburse
- What to reimburse
- Waiting periods
- When to start
Have Insurance Questions?
Chat with an expert below.
Find the right insurance
Let’s Start With Hello
If you are looking for a simple way to improve your efforts let us find a way to make that happen
Enroll Your Employees in the HRA Administration Platform
Once you’re done designing your ICHRA, we’ll:
- Produce legal-plan documents
- Send IRS-required communications to employees
- Help employees get set up on the platform
- Enrollment specialists help employees purchase individual plans
Manage Employee Expense Reimbursement Requests
Once your ICHRA plan starts and your employees are on our platform, we’ll help you manage the claims process:
- Eligibility for reimbursements
- Receipt submission & tracking
- Expense approval
- Reimbursement reports
Key features of effective ICHRA administration
Enrollment Process
Enrolling in individual health insurance under ICHRA is crucial, especially for employees who are new to making such decisions. ProvideSure is the only ICHRA administration software with a dedicated team of licensed health insurance experts to assist your team with enrollment.
Reimbursement Process
ICHRA software should simplify reimbursement for employers and employees. ProvideSure offers an effortless process with clear reports and transparent claims.
Real-Time Reporting
ICHRA reporting is crucial for compliance. Whether you're a large or small company offering ICHRA, you need to understand the reporting requirements under Sections 6056 and 6055.
Employee Communication
Our ICHRA admin software supports employee communication, ensuring they grasp changes, shop for insurance, and make coverage decisions. With custom templates, emails, and ongoing support, ProvideSure's platform has it all covered.
Plans Offered
ICHRA software should simplify reimbursement for employers and employees. ProvideSure offers an effortless process with clear reports and transparent claims.
Customer Service
Change is inherent to adopting an ICHRA for your business. There will be questions and you’ll want quick answers and support when you need it. ProvideSure's award-winning customer service team is ready to help you succeed.
What our ICHRA administration software offers
Step-by-step help in designing your ICHRA.
Our platform makes reimbursing your employees simple and easy. It will save you time and money, and provide you peace of mind.
The platform navigates users through:
- Employee class options — ICHRA offers 11 different classes for employees, allowing freedom, flexibility, and greater budget control
- Reimbursement rates — ICHRA allows employers to vary reimbursements based on family size, hours worked, and location
- What to reimburse — health insurance premiums and/or qualified medical expenses
- Waiting periods
- Start dates
- Provides legal plan documents, employee onboarding, receipt tracking, compliance monitoring, and tax reporting
FAQs
Small Business Insurance FAQs
ICHRA plans (Integrated Coverage, Health & Retirement Accounts). These are plans designed to reimburse your employees for medical expenses, coverage, and health related expenses.
Essential types include general liability insurance, property insurance, workers’ compensation, professional liability insurance, and business interruption insurance. The specific needs depend on your business type and industry.
Assess your risks, the value of your assets, legal requirements, and potential liabilities. Consulting with an insurance agent can help tailor coverage to your specific needs.
Review your policy annually or whenever there are significant changes in your business operations, such as expansion, new products, or changes in risk exposure.
Costs vary based on factors such as coverage types, business size, industry, location, and risk factors. Obtain quotes from multiple providers to find the best rates.
Yes, many insurers offer discounts for bundling multiple policies, such as combining general liability and property insurance. Check with your provider for available discounts.
Common exclusions may include intentional acts, fraud, wear and tear, and certain natural disasters. Review your policy’s exclusions to understand what is not covered.
Implement risk management practices, maintain a good claims history, increase deductibles, and bundle policies. Discuss options with your insurance agent to lower costs effectively.
