ICHRA vs. Group Plans: Which is better?
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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[…]
Read our latest update. As a COBRA service provider Benafica strives to keep you informed and compliant.
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[…]
Days before his inauguration, President Joe Biden outlined a plan for COVID-19 relief and economic recovery that includes federal aid for health care[…]
The new kind of group health plan: an Individual Coverage Health Reimbursement Arrangement, ICHRA (pronounced ICK-ra).
1. What is an ICHRA? An individual coverage HRA (ICHRA) is a type of health reimbursement arrangement that allows employers to reimburse their employees[…]
A Health reimbursement arrangement (HRA) is a employee benefit growing in popularity that can be used to reimburse employees for individual health[…]
In this video we help you understand the reimbursement model of health insurance. We will answer the question, "How does a health reimbursement[…]