Nicole O.

Co-founder CEO @The Ichra Shop Insurance Agency Individual & Family Health Care

CO, US

Nicole is the Co-Founder of the first ICHRA marketplace. It\'s simple to set up an ICHRA for your business. The modern way to cover your employees. Many brokers and employers want to learn more about the Individual Coverage Health Reimbursement Arrangement. We know all the market options and can help you navigate this intriguing way to offer benefits. We support the top ICHRA platforms nationally – We have done the homework and can guide you through the differences. An individual coverage health reimbursement arrangement (ICHRA) offers employers an effective alternative to the traditional way of providing health insurance to employees. Instead of providing a one-size-fits-all group plan, employers can now offer tax-free funding to employees and allow them to purchase health insurance that best meets their particular needs. Not only does ICHRA provide flexibility in how much a business chooses to spend, but it also allows for different levels of contribution. An employer sets a defined contribution amount and provides pre-tax funds the employees can use to help purchase individual health insurance. Employees choose their personal health plan adding their own pre-tax money (if necessary), and have an incentive to engage in their health.

University of Colorado Boulder

Bachelor of Science, Business Administration and Management, General