Get Covered Insurance Exchange helps Deerfield employers set up an ICHRA, giving employees a tax-free monthly allowance to buy their own individual health insurance. Call (814) 883-0073 to see if it fits your business.
Deerfield employers with staff commuting from both Lake and Cook Counties can use an ICHRA so each employee picks an individual plan that fits where they live.
You set the allowance, which can differ by employee class, and employees use it toward the individual plan they choose. We help design the ICHRA and help employees pick their plans.
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Serving Deerfield and Lake County
Straight answers
Can my Deerfield business offer an ICHRA?
Employers of any size can offer an ICHRA. Employees must enroll in individual health coverage to be reimbursed.
Is ICHRA money taxable?
Qualifying ICHRA reimbursements for health insurance premiums are generally tax-free to employees and deductible for the employer. Check with your tax professional for your situation.
Can I give different amounts to different employees?
Yes, by employee class, such as full-time versus part-time. Within a class, allowances must follow the ICHRA rules.
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