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Take Command has made it simple to set up and administer the small business HRA for StreamCare and we highly recommend it to other small businesses.
”If you’re an HR professional or CFO, balancing compliance and healthcare costs to make pay day is no easy task. Luckily, there’s a flexible health benefit plan to cover every employee while still making payroll.
Enter: ICHRA from Take Command, an affordable employee benefit plan to meet the diverse needs of 500+ employees.
An Individual Coverage Health Reimbursement Agreement (ICHRA) is where employees have the freedom to choose their benefit plan, and you have the opportunity to control costs. Unlike traditional group plans, an ICHRA saves you the headache of finding a group policy to satisfy everyone. You set the monthly allowance, and your employees receive tax-free reimbursement for qualified medical expenses.
With an ICHRA and simple HRA administration from Take Command, you can finally say goodbye to complicated group health plans and unpredictable costs. We partner with you to customize your ICHRA plan and handle all the onboarding, compliance, and reimbursement documentation so you don’t have to.
Here’s how an ICHRA can work for your enterprise:
Take Command has made it simple to set up and administer the small business HRA for StreamCare and we highly recommend it to other small businesses.
”— Tom Rossi, Co-founder of StreamCare
— Todd Manley, HR Manager at Union
— Jeff Yuan, Co-founder and COO of Taro Health
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Take Command Health is a financial technology company and is not a bank. Banking services are provided by TransPecos Banks, Member of FDIC. FDIC insurance is available for funds on deposit up to $250,000 through TransPecos Banks, Member FDIC. Accounts are eligible for pass-through deposit insurance only to the extent pass-through insurance is permitted by the rules and regulations of the FDIC, and if the requirements for pass-through insurance are satisfied. There may be a risk that pass-through deposit insurance is not available because conditions have not been satisfied. In such cases, funds may not be fully insured in the event the insured depository institution where the funds have been deposited were to fail.
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