HealthSherpa for ICHRA

HealthSherpa, the largest and fastest-growing individual health coverage exchange in the United States, now offers tools to help you serve ICHRA groups and provide consumers even greater access to quality, affordable health plans on- and off-exchange.

Father and sons on a park bench. The two boys are giving each other a fist bump.

Off-exchange and on-exchange in one connected ecosystem

Our secure, integrated technology ecosystem empowers insurance agents, agencies, carriers, and technology platforms to quickly and accurately serve and support individuals as they select and use quality, affordable health plans. HealthSherpa's ICHRA infrastructure connects players across the ICHRA marketplace by offering ICHRA platform partners powerful APIs that integrate seamlessly with the HealthSherpa Marketplace. 

Solutions for ICHRA

HealthSherpa provides access to on- and off-exchange health plans platforms can use to power their ICHRA enrollment workflows.

Custom Screener for ICHRA

Seamless marketplace integration

The HealthSherpa ICHRA Partner API is fully integrated with our industry-leading ACA marketplace to accelerate on- and off-exchange enrollment.

ICHRA platform partners can use HealthSherpa APIs to pre-fill shopping and enrollment information, adding efficiency to their existing workflows. A new custom screener captures ICHRA details and routes users to the appropriate on- or off-exchange flow.

 

 

Streamlined, broker-assisted process

HealthSherpa brings together the largest active broker audience in the country. HealthSherpa for ICHRA provides agency platforms the tools to power their ICHRA workflows, seamlessly connecting with agency sales and quoting software.

2024_ ICHRA Shoping Flow Screenshot (2)
Off-Exchange (2)

Coordinated reporting throughout the member lifecycle

Track your ICHRA performance with deep insights on market behavior and trends alongside real-time on- and off-ex enrollment reporting driven by secure data integration.

  • Full-book ACA, ICHRA, and Medicare reporting.
  • Easily reconcile ICHRA membership and employer data.

 

>65% broker supported ACA enrollments

Largest distribution network for IFP

48,000 active agents across the United States

What is ICHRA?

ICHRA stands for Individual Coverage Health Reimbursement Arrangement.

In an ICHRA, employers of any size can offer their employees tax-free reimbursements for qualified health care spending – including ACA health plans – instead of offering group coverage. ICHRA may even cover individual plan premiums and qualified medical expenses, if the plan allows.

Advantages for Employers

  • Predictable costs 
  • No risk of large renewal increases 
  • Removes barriers to offering a health plan 
  • No participation requirement

Advantages for Consumers

  • Wider plan options that can accommodate different networks and needs
  • Portable
  • Can use APTC where applicable

Woman discusses ICHRA with an employee