Benafica is a health benefits and insurance company that helps employers offer flexible, tax-free health reimbursement plans instead of traditional group health insurance.

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6701 Upper Afton Rd. Ste. 200, St. Paul, MN 55125

ICHRA

9 Frequently Asked Questions About Switching to an ICHRA
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9 Frequently Asked Questions About Switching to an ICHRA

Switching from group health to an ICHRA comes with questions. This article breaks down the 9 employers ask most, covering start dates,...

December 18, 20250 Comments
A Deeper Dive into ICHRA Contribution Strategies
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A Deeper Dive into ICHRA Contribution Strategies

Designing your ICHRA starts with defining how much to contribute and whether to include out-of-pocket healthcare expenses. This guide breaks down your...

December 16, 20250 Comments
How ICHRA Fares Heading into 2026
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How ICHRA Fares Heading into 2026

As ACA subsidies face uncertainty and group plan renewals keep rising, employers are rethinking their health benefits strategy for 2026. Explore how...

November 13, 20250 Comments
Meet BEN360: Benafica Revamps Its ICHRA Platform, Taking ICHRA Administration to the Next Level
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Meet BEN360: Benafica Revamps Its ICHRA Platform, Taking ICHRA Administration to the Next Level

Meet BEN360: Benafica's upgraded evolution of its legacy ICHRA platform, designed to supercharge ICHRA Administration for employers and HR. Launching in the...

September 19, 20250 Comments
Open Enrollment is Almost Here! How Do Your Employee Health Benefits Stack Up?
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Open Enrollment is Almost Here! How Do Your Employee Health Benefits Stack Up?

Open enrollment season is the perfect reminder to review your employee health benefits strategy. With rising costs and new 2026 regulations ahead,...

September 4, 20250 Comments
IRS Increases 2026 ACA ‘Affordability Rate’ for Employer-Sponsored Healthcare
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IRS Increases 2026 ACA ‘Affordability Rate’ for Employer-Sponsored Healthcare

Last month, the IRS announced the new ACA "affordability rule" for employer-sponsored healthcare, which limits how much employees at large employers can...

August 14, 20250 Comments
ICHRA Challenges You Didn’t Expect: Why the Right Provider Matters
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ICHRA Challenges You Didn’t Expect: Why the Right Provider Matters

From market fragmentation to inconsistent payment systems, navigating ICHRA isn’t always seamless—here’s why choosing the right provider, like Benafica, matters.

April 10, 20250 Comments
QSEHRA vs ICHRA: Which Is Better for Your Business?
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QSEHRA vs ICHRA: Which Is Better for Your Business?

From business size to reimbursement rules, there are important differences between QSEHRA and ICHRA. Explore the pros, cons, and scenarios where each...

March 20, 20250 Comments
ICHRA Growth Surged in 2024. Here’s Why Companies are Making the Switch
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ICHRA Growth Surged in 2024. Here’s Why Companies are Making the Switch

As employers grapple with rising premiums for group health care plans, many are turning to ICHRA and QSEHRA as a more sustainable...

March 6, 20250 Comments