ICHRA Advisory & Individual Coverage Strategy
A Modern Alternative to Traditional Group Health Insurance
As healthcare costs continue to rise, many employers are exploring alternative strategies that provide greater cost control, flexibility, and predictability without eliminating access to quality healthcare coverage for employees.
One of the fastest-growing strategies in the market is the Individual Coverage Health Reimbursement Arrangement (ICHRA).
An ICHRA allows employers to move away from the traditional one-size-fits-all group health plan model and instead provide employees with a defined monthly contribution that can be used to purchase individual health insurance coverage that best fits their needs.
This creates a more flexible and often more financially predictable healthcare strategy, particularly for employers facing difficult renewals, high participation challenges, multi-state workforce complexity, or rising group plan costs.
How BSB Helps
ICHRA is not simply a reimbursement strategy—it requires thoughtful plan design, employee communication, compliance oversight, and the right administrative infrastructure.
BSB Consultants helps employers evaluate whether an ICHRA makes strategic sense, design a structure that aligns with business goals, and support implementation from start to finish.
Our support includes:
- Strategic ICHRA feasibility analysis
- Traditional group health vs. ICHRA cost comparisons
- Defined contribution modeling
- Employee class eligibility strategy
- Multi-state workforce considerations
- ACA affordability guidance
- Employee education and communication
- Individual marketplace plan navigation support
- Vendor evaluation and implementation coordination
- Ongoing consulting and benefits strategy support
Leading ICHRA Technology & Administration Partners
Successful ICHRA execution depends heavily on the right administrative partner and employee experience.
BSB works with leading ICHRA technology and administration platforms, helping employers evaluate the right fit based on workforce demographics, contribution strategy, compliance needs, and employee support expectations.
Potential vendor solutions may include:
- Remodel Health – One of the most recognized ICHRA administration platforms with strong employer strategy tools, employee shopping support, compliance administration, and implementation capabilities.
- Take Command Health – Popular for SMB and mid-market employers looking for a modern, user-friendly ICHRA experience.
- Zorro – Emerging technology-focused ICHRA platform designed to simplify contribution strategy and employee plan shopping.
- Zizzl Health – Flexible individual coverage administration platform focused on employee experience and reimbursement administration.
- TASC – Well-known benefits administration and reimbursement platform with HRA expertise that can support certain ICHRA structures.
- Additional carrier, marketplace, and reimbursement administration partners depending on employer needs.
BSB remains vendor-agnostic and helps employers determine which solution best aligns with their workforce, budget, and long-term strategy.
Is ICHRA the Right Fit?
ICHRA may be worth evaluating for employers who:
- Are facing significant annual group health renewals
- Want more predictable healthcare budgeting
- Have distributed or multi-state employees
- Struggle with participation requirements
- Need more flexibility across employee populations
- Want to move away from traditional group plan volatility
- Need an alternative healthcare funding strategy
The BSB Difference
Many firms can introduce ICHRA as a concept. Few can help evaluate it strategically within the broader benefits, compliance, HR technology, and workforce ecosystem.
Because BSB operates across traditional employee benefits, PEO advisory, HR technology consulting, and individual health insurance strategy, we help employers understand where ICHRA truly fits—not just sell a platform.
For some employers, ICHRA is a smart long-term solution. For others, traditional group coverage, level-funded plans, or PEO structures may be stronger alternatives.
Our role is to help you evaluate the market objectively and design the right path forward.