The ICHRA (Individual Coverage Health Reimbursement Arrangement) is a new insurance model for company healthcare. Employers offer tax-free stipends that employees can use to purchase their own individual health insurance plans, leading to greater choice for employees and fixed costs for employers.For Brokers & Advisors
If you're a startup founder or a small business owner, you're probably wondering how to protect yourself and your employees in the face of coronavirus. The most important thing you can do as a leader is to make sure you and your employees have health insurance and that your employees have the tools to understand what benefits they can get with their plan.
We like this chart of symptoms from One Medical that compares symptoms of the common cold, flu and coronavirus to help you assess whether your symptoms are suspicious.
If you're worried about coronavirus based on symptoms you're feeling, take an online risk assessment. They combine information about your symptoms and gather some information about where you've been to understand your risk of exposure. You should avoid going in person to a testing center or hospital unless your risk is assessed to be high.
If you're having a medical emergency like severe shortness of breath and very high fever, call 911. Other than that, if you are high risk based on the assessments, you should see a provider in order to get tested and receive a professional treatment plan.
Check your local and state governments for specific information about social distancing, self isolation orders, and how best to support your local physicians. In the meantime, if you're interested in learning more about how you can support full time, part time, or remote employees by contributing to their health insurance, learn more here about how Savvy can help!