A Broker’s Account of Onboarding an Enterprise-Level ICHRA
Sarah Yi and Lindsay Fisher • May 10, 2023
Session Takeaways: Here are five things to know when onboarding an enterprise-level client:
- Communication rollout: For a large company, the broker and HRA administrator worked together to ensure smooth onboarding.
- Market Nuances: It’s important to evaluate each market and address those nuances in the final design.
- Employee onboarding: Educating employees and helping them understand how to use the individual market to their advantage.
- Timing: Switching to an ICHRA requires a runway of time, ideally 45 days out from the start date.
- Company structural changes: Companies undergoing acquisitions will want to take certain steps to help ensure a smooth transition.