ICHRA/Small Group
At HI Advisory Partners, we take the complexity out of small group health insurance. Whether a traditional fully-insured plan, level-funded, or an ICHRA/QSEHRA option makes more sense for your business, we do the homework, explain your options in plain language, and match you with the right coverage for your budget and your team.
Our Small Group Services
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Traditional fully-insured plan options
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Level-funded plan analysis and enrollment
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Plain-language explanation of all your options
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First quote to final enrollment guidance
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Ongoing support and annual plan review
Not every business is the right fit for a traditional group plan, and that's okay. ICHRA and QSEHRA are modern, tax-advantaged alternatives that give small business owners a smarter way to offer health benefits. You set a defined contribution that works for your budget, and your employees use it to choose the individual coverage that fits their own needs. The result is more flexibility for your team and more predictability for your bottom line. Our experts work 1:1 with every team member to make sure no one is left navigating their options alone.
Our ICHRA / QSEHRA Services
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Assessment to determine if an HRA is the right fit for your business
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ICHRA and QSEHRA plan design and setup
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Defined contribution modeling to fit your budget
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Expert 1:1 support for every employee during plan selection
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Enrollment assistance so no team member is left on their own
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Ongoing support and annual reviews as your business and team evolve
Why Consider an ICHRA?
Predictable Costs
Unlike traditional group plans with unpredictable annual renewals, employers set a fixed monthly allowance per employee. Your budget is locked in.
Retention
Offering health benefits helps you compete for employees, and the flexibility of ICHRA can actually be more attractive especially for employees who value choice or have specific healthcare needs.
Employee Choice
Instead of one-size-fits-all group coverage, each employee selects an individual plan that fits their specific needs like their doctors, their prescriptions, and their family situation.
Tax Benefits
Employers get the same deductions as group insurance while saving on payroll taxes, and employees get tax-free money that goes further than a taxable wage increase.
Flexibility
For companies with employees in multiple states or locations, ICHRA offers each employee shops in their local individual market.
Administration
No more dealing with annual renewals, network adequacy issues, or participation requirements. You set the allowance, employees choose their plans, and HI Advisory Partners handle the rest.
How It Works
HI Advisory Partners
We work with employers to design and set up the ICHRA leveraging the best administrator for you benefits needs.
Employer
We work with each employer to identify up to 11 benefits classes and set the defined contributions to fit your unique needs.
Employee
HI Advisory Partners work with each employee to find the best coverage for them and provides support throughout the year.
