Navigating the world of health insurance can be complex, especially when it comes to understanding options like the Individual Coverage Health Reimbursement Arrangement (ICHRA). Designed to offer flexibility and control to both employers and employees,...
An ICHRA is an alternative to traditional health insurance that offers greater flexibility and control for both employers and employees. Provides cost control and savings for the employer Gives flexibility to the employee to choose...
HRAs offer tax-free reimbursement, don’t affect employees’ income, provide personal healthcare freedom, and lower healthcare costs, making them a great solution for both employers and workers.
Discover how Health Reimbursement Arrangements (HRAs) provide tax benefits for both employers and employees while offering flexibility in choosing individual health plans, making them a game-changer for healthcare benefits.
Mental health in the workplace is more important than ever; Benafica offers valuable resources and benefits to support you and your employees.
The first company that set up an ICHRA was a fiasco. Luckily, Benafica had a plan of action and seamlessly transitioned their HRA Administration.
In 2022, small businesses can offer up to $5,450 per self-only employee and up to $11,050 per employee with a family.
The first company that set up an ICHRA was a fiasco. Luckily, Benafica had a plan of action and seamlessly transitioned their HRA Administration.
Benafica expands employee benefit offerings with lifestyle spending accounts (LSAs) to support holistic well-being.
A comprehensive comparison of ICHRA vs. traditional group plan.
Learn about health reimbursement arrangements (HRAs) and key employee benefits terminology.
