Products and Services Provided
Regions Served
Company Description
Benafica helps employers simplify and modernize their health benefits with flexible, cost-controlled solutions like ICHRA and QSEHRA. We partner with organizations to reduce administrative burden, ensure compliance, and give employees more choice in their coverage. With Benafica, employers can offer better benefits without the complexity of traditional group health plans.
Services Provided
Benafica provides Individual Coverage HRA (ICHRA) and Qualified Small Employer HRA (QSEHRA) administration and a platform that allows employers to offer tax-free reimbursements for employees to purchase their own health insurance. ICHRA gives employers predictable, controllable costs while eliminating the complexity of traditional group plans. It’s an ideal solution for organizations facing rising premiums, those priced out of group coverage, or employers looking to offer health benefits for the first time.
Fee Structure
Benafica offers simple, transparent pricing with a flat monthly platform fee, plus a per employee, per month fee for participating employees. Your total benefits spend is driven by the contribution amounts you choose, giving you full control over costs. Before you commit, our team provides detailed financial modeling tailored to your organization so you can confidently plan your investment.
Photos
