Rising renewal costs, inflexible group plans, and the risk of turnover—these issues are all too common for businesses across the country. If managing employee benefits feels more like a burden than a solution for your company or client, you're not alone.
Colorado-based Machine Build Technologies (MBT) has been there. When faced with a 34.5% renewal rate increase in 2022, HR Manager Ashley Neppl decided it was time for a change.
By choosing an ICHRA (Individual Coverage Health Reimbursement Arrangement), MBT found the relief they needed—transforming a costly challenge into a strategic advantage. With ICHRA, employers reimburse their employees for health insurance purchased on the individual market—an increasingly competitive and innovative market that's less expensive than small group counterparts in roughly half the country. The result is cost savings, locked in prices, and flexibility for the future.
With ICHRA, MBT gained control over their benefits budget while empowering employees to choose health plans that truly fit their individual needs. Join our webinar to discover how your company or client can achieve the same success.
Join MBT's HR Manager, Ashley Neppl, and Alan Silver, president of Individual Coverage Health Reimbursement Arrangements (ICHRA) for Ambetter Health, to learn how to leverage the thriving individual health insurance market, control costs for good, and offer personalized benefits to every worker on your payroll.
