Thatch

The modern health benefits platform enabling custom employer healthcare budgets.

by Thatch Health, Inc. ยท Compensation & Benefits

Executive Summary

Thatch is a modern, all-in-one health benefits platform designed to simplify employee healthcare administration through Individual Coverage Health Reimbursement Arrangements (ICHRAs). By allowing employers to set fixed monthly contribution budgets per employee tier, Thatch empowers employees to select and customize their own health, dental, and vision insurance plans while controlling costs for the business. The platform automates payroll deductions, tax-free reimbursements, and regulatory compliance. Supported by AI-assisted navigation and embeddable developer APIs, Thatch eliminates traditional group plan broker complexity, unpredictable annual rate spikes, and administrative overhead for growing companies.

Use Cases

  • Replacing traditional group health insurance with predictable ICHRA budget allocations
  • Automating tax-free health reimbursements and payroll deduction synchronization
  • Empowering employees to select personalized health plans and health marketplace benefits
  • Embedding health benefit enrollment directly into payroll and HR platforms via APIs

Features

Visibility

  • Budget Management: Define precise, recurring health benefit budgets per employee class or location.
  • Thatch Marketplace: Curated access to high-impact health and wellness services with exclusive member pricing.

Intelligence

  • AI Health Navigation: Automated assistance answering health benefits questions and evaluating plan coverage options.

Support

  • Dedicated Support Team: In-app support and customer service for employers and employees navigating healthcare options.

Technical Specifications

Architecture
Cloud-native platform with REST APIs and embeddable frontend components for partner platforms
Deployment
SaaS
Authentication
OAuth/OIDC, SSO/SAML
API Available
Yes
MCP Server
No

Infrastructure

  • AWS

Integrations

  • QuickBooks
  • Allstate Health

Security & Compliance

Encryption: TLS 1.2+ in transit and AES-256 at rest

Pricing

Model
Per Employee Per Month
Starting Price
$45/month per employee
Target Customer
SMB,Mid-Market
Contract Type
Monthly
Free Trial
No