There’s nothing worse as a small business owner than feeling like you can’t take care of your employees. With health insurance costs skyrocketing year after year, Open Enrollment season can feel like a scary movie that you can’t turn off. This year, Venteur is changing the script with and excited to announce a scary-good health insurance offering.
We've designed an Individual Coverage Health Reimbursement Arrangement (ICHRA) specifically for small businesses with fewer than 10 full-time employees (FTEs) -- the Spooky ICHRA.
Introducing the Spooky ICHRA
The Spooky ICHRA is a simplified, DIY-version of Venteur’s ICHRA Solutions. It gives small businesses access to our best-in class technology, including our proprietary AI-decision support tools that help employees pick out a health insurance plan. The Spooky ICHRA also gives you access to our PremiumPay technology, which takes care of your employee’s monthly insurance premium payments. But like a villain in a slasher movie, we've cut our admin fees all the way down to $0.
Small businesses can take advantage of the pricing promotion from October 31 to November 15. The pricing will be effective January 1, 2025 and will give businesses a choice from two affordable ICHRA contribution options for employees:
Option 1: The Essentials Plan
The Essentials Plan allows small business to provide each employee with a flat $250 per month for their health insurance.
Option 2: The Classic Plan
The Classic Plan allows small business to provide each employee with a flat $350 per month for their health insurance.
Spooky ICHRA Plan Features
The Spooky ICHRA also includes access to:
- Venteur's AI-Powered Premium Payment Bot
- Year-Round Personal Health Concierge for Employees
- Self-Service Employee Onboarding and Off-Boarding
- Compliance Support (COBRA, 1095-B, PCORI)
- Payroll Integration
However, unlike Venteur's Standard ICHRA Solutions, the Spooky ICHRA does not come with a dedicated account manager or the ability to create a customized ICHRA Funding Strategy for employees. If you're looking for a bit more support, Venteur's Small Business ICHRA Solution remains available for our usual fee of $20 per participating employee per month
How do I get started?
Visit www.spookyichra.com to set up your ICHRA account. You can also visit Venteur's New ICHRA Quoting Portal to preview what health insurance plans available to your employees through Venteur.
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What is Venteur
Explore the best human-first Health Insurance platform
Simple, personalized health benefits
Sign up in minutes, define your contribution, and let your employees choose the health plan that works right for them
Integrations to make everything run smoothly
We'll connect with your payroll and finance systems to make deductions and premium payments seamless
Easy onboarding and off-boarding
In just a few clicks, add your roster and make updates on the fly. We'll handle it from there.
Venteur Certified Brokers to help your employees pick the right plan
Our trusted brokers ensure the best outcomes for employees and employers by unlocking health savings and providing unrivaled plan options.
AI-powered plan recommendations to give you confidence while you shop
Backed by 30 years of healthcare data, Venteur’s AI helps employees compare and choose the best plan for their unique situation.
Compliance and reporting because no-duh!
Venteur manages plan administration, reporting, and compliance so you can focus on growing your business.