ICHRA Health Plans in Rolling Meadows, IL
Individual Coverage HRAs for Rolling Meadows employers.
Get Covered Insurance Exchange helps Rolling Meadows 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.
For Rolling Meadows employers with staff spread across the northwest suburbs, an ICHRA lets each employee pick a plan that works 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 Rolling Meadows and Cook County
Straight answers
Can my Rolling Meadows 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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