Implementation Timeline & Where to Start

Start planning six to nine months before enrollment.

While it’s possible to set up an ICHRA even faster — within three to six months — we recommend working with your broker on a timeline that helps you avoid rushing through a new process. A steady approach also ensures you have plenty of time to communicate with employees.

Begin with your broker. Then check out platforms.

Your broker is your primary resource for considering an ICHRA and a strong first step. Keep in mind that since ICHRAs have only been around since 2020, not all brokers are familiar with them yet. For that reason, benefit administrator platforms can be a great resource for both you and your broker to learn about ICHRAs together. And because all three parties play an important role, early collaboration can bring clarity and efficiency to the process. 

If your broker has experience with ICHRAs, ask for recommendations on potential platform partners. If not, they can still research options on your behalf.

What to Expect

Like any change, starting an ICHRA will require upfront effort but become more efficient over time. Key aspects of the process will include:

• Consulting with your broker
• Consulting with leadership
• Evaluating benefit administration platform partners
• Introducing ICHRAs to employees
• Educating employees
• Supporting employees through enrollment

The level of support needed will likely decrease year as employees become more familiar with the process.