Gravie ICHRA
Simplify ICHRA administration for flexible employee health benefits.
Executive Summary
Gravie ICHRA is a health benefits solution designed for small and midsize employers, enabling them to offer Individual Coverage Health Reimbursement Arrangements (ICHRA). This approach allows companies to use tax-advantaged dollars to subsidize employees' premiums in the individual health insurance market, providing a flexible alternative to traditional group plans. Gravie acts as a top ICHRA administrator, simplifying the implementation and ongoing management for employers. The platform aims to empower employees with greater choice and flexibility in selecting individual health plans that best suit their needs, while offering employers more predictable costs. Businesses leveraging Gravie ICHRA have reported significant savings, with some achieving up to 29% reduction in healthcare costs at renewal compared to previous years. Gravie also offers its flagship Comfort® level-funded health plan, positioning itself as a comprehensive provider of modern health benefit options.
Use Cases
- Employers seeking to offer flexible health benefits to employees.
- Companies aiming to control healthcare costs and achieve significant savings.
- Businesses wanting to provide employees with greater choice in health plans.
- Employers looking to simplify the administration of health benefits.
- Small and midsize businesses needing modern health benefit options.
Features
Visibility
- Employer Management Tools: Simplifies the implementation and ongoing administration of ICHRA for employers.
- Easy Enrollment Process: Guides employees through finding and enrolling in individual health plans.
- Plan Details & Network Coverage: Provides employees with comprehensive information to make informed health plan choices.
Support
- Gravie Care Support: Assists employees with plan selection, application processes, and carrier questions.
- Broker Resources: Offers a toolkit and support for brokers selling Gravie ICHRA solutions.
Technical Specifications
- Deployment
- SaaS
- API Available
- Yes
Pricing
- Model
- Contact sales
- Starting Price
- Contact sales
- Target Customer
- SMB,Mid-Market
About Gravie
Gravie is a B2B software company that operates a health insurance marketplace and provides employer health benefits. Their main products and services include level-funded health plans and Individual Coverage Health Reimbursement Arrangements (ICHRAs), with their flagship Comfort® plan offering comprehensive coverage and zero copays on most common healthcare services. Gravie targets small and mid-sized businesses and their employees, aiming to simplify health benefits and improve access to care.