Flexible Benefit Plans

ICHRA/CHOICE benefits

Available from Thatch

ICHRA/CHOICE benefits

Product Overview

ICHRA/CHOICE benefits

We provide CHOICE Arrangements, also known as ICHRA, a customizable and flexible health benefits solution that allows employers to reimburse your employees for eligible health insurance premiums and medical expenses. We help you set defined healthcare budgets and tailor allowances by employee team, location, or status, giving you greater cost control while accommodating remote workers, part-time employees, and distributed teams. Our platform manages setup, plan selection, reimbursements, compliance, and ongoing support, reducing the administrative burden associated with traditional group health plans. We give your employees the freedom to choose health coverage that fits their individual needs while allowing them to use eligible remaining funds for other healthcare expenses. We also help you simplify CHOICE compliance and reporting requirements, including ACA, PCORI, ERISA, and Medicare Part D obligations, so you can offer scalable benefits while staying focused on your workforce.

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