Thatch provides an Individual Coverage HRA (ICHRA) for SMBs. We make it easy to offer health benefits to your team and handle all the compliance and administration, so you can focus on what matters.
The Individual Coverage Health Reimbursement Arrangement (ICHRA) is a new, flexible way for small and medium sized businesses to offer health benefits to their team. Instead of selecting and managing benefits directly, you set a healthcare budget for your team, which they spend the way they want. It's a great fit for SMBs: you spend less time managing benefits, and your employees get a more personal, flexible benefits experience.
For individuals
For individuals + spouse
For families
SMBs who use Thatch get an ICHRA for their company. Employees pick a plan that matches their needs and covers their doctors. Your team gets better coverage, more flexibility in how they spend that budget, and a more modern benefits experience. You get a turnkey experience, and save time managing benefits.
Administering benefits is painful and time-consuming for small businesses. When you use Thatch, you onboard in 5 minutes and get an ICHRA made for SMBs that' fully managed. We deal with all of the setup, compliance, and administration, including payroll, taxes, and legal notices. We also provide fast, friendly support with both an AI-powered SMS bot and a team of friendly human beings.
You have the option to allow your team to use their healthcare budget to pay for more than just health, dental, and vision insurance. Your all-in healthcare budget can be applied to the healthcare costs that are most important to your team: including therapy, prescriptions, fertility treatments, and more. We manage all of this automatically via a Thatch debit card.
See how Thatch makes it easy to provide great benefits to your small business with an ICHRA.