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Venteur

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Venteur Products (2)

   
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Health Reimbursement Arrangement (HRA)

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ICHRA Plans

Product Description

If an employee choses a plan less expensive than their Monthly ICHRA Allowance, the balance goes a Health Wallet (“HRA Account”), if this option is elected by the employer. The Health Wallet is pre-tax employer money to be used for Qualified Medical Expenses (213(d) expenses).

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About this product

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If an employee choses a plan less expensive than their Monthly ICHRA Allowance, the balance goes a Health Wallet (“HRA Account”), if this option is elected by the employer. The Health Wallet is pre-tax employer money to be used for Qualified Medical Expenses (213(d) expenses).

By offering this optional Health Wallet an employee can further personlize their plan selection, increase their satisfaction and provide additional employer cost savings. Any unused amounts at the end of the plan year are forfeited by the employee or can roll over into the new plan year.

The standard ICHRA administrative fee includes this optional service.

Min. Group Size

1 eligible

Lives Serviced

15,000

Average Cost

Average Cost is Locked

41 RFI Questions RFI questions

RFI questions number is Locked

4 Specific Questions Specific Questions tooltip

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Product Features

✓

HRA Platform

✓

Data document management

✓

Insurance eligibility verification 

✓

Unused HRA Portability

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Product Features

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Not Provided.

Venteur Media

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Venteur Info

Founded:

2020

Funding Summary:

20M Series A

Location:

San Francisco, CA

Links:

Employees:

75
Venteur is a single-source, turnkey ICHRA solution that offers employers a quick and easy way to provide personalized health benefits to employees, minimize risk, reduce costs and administrative work, and regain control of their benefits spending. At Venteur, we're accelerating... Show More

About this vendor

×
Venteur is a single-source, turnkey ICHRA solution that offers employers a quick and easy way to provide personalized health benefits to employees, minimize risk, reduce costs and administrative work, and regain control of their benefits spending.

At Venteur, we're accelerating product innovation to make personalized health insurance a reality for more businesses. We believe that unlocking ICHRA's full potential depends on equipping employees with powerful AI tools that help them maximize the impact of funds now under their control.

Trained on 30 years of claims data, Venteur’s AI decision-support tools help users select the right health plan and have evolved into a sophisticated health insurance navigation system. We can predict healthcare costs with remarkable precision and recommend the optimal plan for each individual's unique circumstances.

Venteur now possesses the industry's most comprehensive dataset on consumer behavior when individuals and families are empowered by their employers to take control of their health insurance decisions through ICHRA. Our rich repository of behavioral patterns and preferences enables us to develop increasingly intelligent recommendation systems that connect people with ideal coverage based on their specific needs, utilization patterns, and priorities.

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