give your employees
the power of choice
Empower your workforce to choose their own coverage with ICHRAs, a simple and flexible group benefit from Allstate Health Solutions + Thatch.
ICHRA
An individual coverage health reimbursement arrangement (ICHRA) is a group coverage solution that offers both predictability and flexibility.
Individual coverage HRAs give you control of your company’s healthcare budget while alleviating administrative burden and empowering your employees to choose their own health plans.
How it works
Set up the HRA
You choose and fund an Individual Coverage HRA (ICHRA) for your employees.
Employees pick their plan
They shop for and enroll in an individual health insurance plan that best fits their needs.
You reimburse premiums
You reimburse employees for their premiums with tax-free funds.
Cover other expenses
If there’s money left over, you can also reimburse qualifying medical expenses.
No need to stress about the rising cost of employee benefits.
Individual coverage HRAs allow you to control costs by setting fixed, predictable budgets. Employees then have the freedom to choose health insurance plans that work for them. ICHRAs offer a streamlined and flexible benefits experience for you and your team.
Plus, individual coverage HRAs from Thatch offer added peace of mind for reporting requirements, streamlining the process to ensure compliance.
Tailored reimbursement accounts for each employee
No limits on minimum or maximum contributions
Tax-free money to spend on healthcare
Streamlined reporting & compliance with Thatch
Get started with Thatch
Instead of worrying about rising costs, you set a clear, fixed budget while still meeting your employees’ healthcare needs. Thatch makes it easy, offering a future-forward way to manage health benefits.
Best of all, there’s no need to worry about setup or ongoing support. Allstate Health Solutions and Thatch will handle it all.
Bonus! Get a $100 Amazon gift card when you complete a free demo with Thatch to see the power of individual coverage HRAs in action.
Give your employees control over their benefits.
Unlock smarter, more flexible coverage solutions.
