PeopleKeep individual covergage HRA (ICHRA) software demo
PeopleKeep's ICHRA administration software makes it easy for small and midsized businesses to offer health benefits to their employees. Our ICHRA platform allows you to reimburse your employees tax-free for qualifying medical expenses, including individual health insurance premiums.
This saves employers money compared to a group health plan while employees can choose the plans that work best for their needs.
Our demo explains:
- How the ICHRA works
- How to get started with PeopleKeep's ICHRA software
- What benefit design features are available
- How employees can shop for health insurance through their PeopleKeep accounts
- How to submit reimbursements
- And more!
Download the demo by filling out the form. An HRA specialist will reach out soon to see how you liked the demo and to discuss how PeopleKeep can work for your organization.
Intro to the ICHRA
We're excited to introduce you to the PeopleKeep ICHRA. This defined contribution benefit makes offering health coverage simple, affordable, and flexible for small and midsized employers.
The ICHRA is a health benefit that allows employers of any size to offer tax-free reimbursements for employees’ individual health insurance premiums and out-of-pocket medical expenses. Unlike traditional health plans, which are often complex and costly, the ICHRA is simple to manage and adaptable to your budget.
With an ICHRA, you have the power to customize your benefit based on the factors that make your team unique. Unlike one-size-fits-all group plans, the ICHRA gives you complete control over your benefit design, ensuring it fits your team’s needs. It also enables your employees to choose the coverage that works best for them.
PeopleKeep is here to help make administering your ICHRA simple and compliant. We take care of the details so that you can focus on running your business while offering a health benefit that empowers your employees.
How an ICHRA with PeopleKeep works
- Create your account
- Design your benefit: Choose how much to offer to employees, whether to reimburse premiums only or premiums and out-of-pocket expenses, and waiting periods. You can also differ your benefit across employee classes.
- Add your employees
- Employees shop for health coverage right from their PeopleKeep account
- Employees submit expenses: PeopleKeep reviews your employees' reimbursement requests to ensure IRS and HIPAA compliance.
- Process reimbursement