ICHRA vs. Group Plans: Which is better?

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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[…]

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[…]

“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[…]

Offer easy and affordable employee benefits for the first time.

Check out the new HRA solutions available for your employees As a small business owner you may have always thought providing employee health care coverage[…]

What Is an HRA? Understanding Health Reimbursement Arrangements

For many companies and individuals, navigating the complicated landscape of employer-provided health benefits can be confounding. At Benafica, we’re here[…]

ICHRA 101: Everything You Need to Know About ICHRAs

As an employer, the health benefits you provide are key to attracting and retaining top talent at your organization. Providing comprehensive health[…]

What is an ICHRA?

ICHRA “ick-rah” stands for Individual Coverage Health Reimbursement Arrangement. It allows employers to make a per employee per month tax-free[…]