ICHRA vs. Group Plans: Which is better?

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For Employers: COBRA Subsidy Update from Benafica

Read our previous update.

Comparing ICHRA vs. QSEHRA, what is best for your business?

As a small business owner looking to offer health coverage for the first time or wanting an alternative to traditional group health insurance a Health[…]

Government Paid COBRA Health Insurance: What employers need to know.

Read our latest update. As a COBRA service provider Benafica strives to keep you informed and compliant.

What is a Section 125 Cafeteria Plan?

Section 125 of the Internal Revenue Code, also known as a “Cafeteria Plan” allows employees to pay certain expenses on a pre-tax basis, such as insurance[…]

Unpacking The Coverage Provisions In The House Pandemic Relief Bill

Days before his inauguration, President Joe Biden outlined a plan for COVID-19 relief and economic recovery that includes federal aid for health care[…]

“Who Moved My Cheese” …..again!

The new kind of group health plan: an Individual Coverage Health Reimbursement Arrangement, ICHRA (pronounced ICK-ra).

5 facts for the most tax savings from your ICHRA

1. What is an ICHRA? An individual coverage HRA (ICHRA) is a type of health reimbursement arrangement that allows employers to reimburse their employees[…]

What can be reimbursed by a QSEHRA or an ICHRA?

A Health reimbursement arrangement (HRA) is a employee benefit growing in popularity that can be used to reimburse employees for individual health[…]

What is a Health Reimbursement Arrangement?

In this video we help you understand the reimbursement model of health insurance. We will answer the question, "How does a health reimbursement[…]