Are you tired of high health insurance costs and plans that may not work for every employee? If so, the CHOICE Arrangement, formerly known as the individual coverage health reimbursement arrangement (ICHRA), may be the answer.
A CHOICE Arrangement is a flexible way to provide health benefits for your employees while giving you greater budget predictability. But with so many administration vendors available, how do you know which one to choose?
In this article, we'll compare five popular ICHRA vendors and explain what to consider when choosing an administrator for your organization. We'll also explore how Remodel Health and PeopleKeep differ, and which solution may be the better fit for your business.
In this blog post, you'll learn:
- The benefits of working with an ICHRA provider.
- How to find a trustworthy ICHRA vendor.
- Which ICHRA solution may be the best fit for your business.
The ICHRA, now known as the CHOICE Arrangement, is a popular solution for businesses that want to offer more personalized health benefits to employees. They provide cost control for employers and flexibility for employees. Instead of breaking the bank with a pricey group health plan, you can reimburse your eligible employees for the cost of their own qualified individual health insurance plans.
With this employer-funded health benefit, you set a monthly allowance of pre-tax dollars for your employees to use for their healthcare needs. Then, you reimburse them for their health insurance premiums. Depending on your plan design, you can also reimburse employees for more than 200 types of eligible medical expenses. There's no limit on employer contribution amounts, so you can offer your employees as much as you'd like. Plus, you can vary allowances and eligibility across 11 employee classes, such as full-time and part-time employees.
The ICHRA also gives employees more freedom. They can choose the health plans that work best for them instead of being stuck with a traditional group insurance plan they have no say in. Eligible employees must have qualifying individual health insurance coverage to participate in the ICHRA. They can purchase qualified plans on the Health Insurance Marketplace or from a private exchange.
While it's possible to self-administer an ICHRA, it's a tricky process. It can also be time-consuming. If you want to avoid stress, it helps to work with an ICHRA provider.
An ICHRA administrator provides software and services that help you and your employees use an ICHRA. They do the heavy lifting, making ICHRA administration a breeze.
Most CHOICE Arrangement/ICHRA providers offer:
Plus, the health benefits landscape is always evolving. An ICHRA provider can keep you informed about new regulations and market trends. This can help your business adapt as needed.
With so many ICHRA providers to choose from, it's easy to feel overwhelmed.
To find the best fit for your organization, follow these five steps:
After gathering all this information, you can compare providers based on their offerings, costs, and alignment with your needs.
We've compiled a list of the top ICHRA providers to give you a head start on your search.
Here are six of the most popular ICHRA vendors:
Remodel Health and PeopleKeep are part of the same organization, but they serve different employer needs. Both provide ICHRA solutions, but the right fit largely depends on your organization's size and the level of hands-on support you want from your benefits partner.
Remodel Health is a strong choice for employers that want more than ICHRA administration software. ClearChoice by Remodel Health combines technology, benefits expertise, and hands-on support throughout the ICHRA experience.
Remodel Health is best for organizations that:
Remodel Health's CHOICE Arrangement platform combines HRA administration technology with services designed to help employers implement and manage personalized health benefits at scale.
With Remodel Health, employers and employees can receive:
For employers moving away from traditional group coverage or managing a more complex benefits strategy, this hands-on approach can make the transition to an ICHRA significantly easier.
PeopleKeep is primarily for small employers and organizations that want an easy way to offer and administer an ICHRA without taking on the administrative burden themselves.
PeopleKeep may be the better fit for organizations that:
PeopleKeep has been developing HRA solutions for small businesses since 2006, when it operated as Zane Benefits. The company launched its ICHRA administration platform in 2019, shortly after the federal government created the new benefit.
With PeopleKeep, employers can:
PeopleKeep also provides in-house specialists who can help employees navigate their health benefit options. Employers that already work with a health insurance broker can continue to do so, with their broker assisting employees with individual health insurance enrollment.
A CHOICE Arrangement, formerly known as an individual coverage health reimbursement arrangement (ICHRA), can help employers control healthcare costs while giving employees more choice in their coverage options. But choosing the right provider is just as important.
Remodel Health is a strong fit for employers looking for end-to-end ICHRA support and a hands-on benefits partner. At the same time, PeopleKeep is ideal for small businesses seeking simple, streamlined HRA administration.
Schedule a call with one of our HRA specialists today to find out which solution is right for your organization!
This article was originally published on January 8, 2025. It was last updated on September 9, 2026.