Welcome to Your mEDSURETY ICHRA Plan
Your employer has partnered with MEDSURETY to provide a new, valuable health benefit: the Individual Coverage Health Reimbursement Arrangement (ICHRA).
With an ICHRA, your employer gives you tax-free funds to help cover the cost of an individual health insurance plan that you choose—plus certain qualified medical expenses. Enjoy the freedom to pick what fits you best, with the financial support to make it affordable.
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Steps to Enroll
Review Your Contribution
Check the amount your employer is providing through the ICHRA.
Explore Your Plan Options
Visit the MEDSURETY site, where you can see all available carrier options in one place. Compare plans to find the coverage that best fits your needs.
Schedule an Appointment
Meet with a MEDSURETY Policy Placement Advisor. They’ll walk you through your options, check networks and prescriptions, help you enroll in a plan, and complete the Individual Coverage Enrollment Form.
Cancel Prior Coverage
If you’re currently enrolled in another medical plan, contact your insurance provider to cancel it and set your desired termination date.
Confirm Enrollment
Once your coverage is active, you can begin using your ICHRA funds toward your premium payments and eligible expenses.
Choose Your Path Below
Select the enrollment option below that best matches your situation and follow the step-by-step instructions to get started.
How the MEDSURETY ICHRA Works
1. Your employer sets the contribution.
Each year (or when you become newly eligible), your employer determines how much tax-free money will be available to you through the ICHRA.
2. You select your coverage with a MEDSURETY Policy Placement Advisor.
You must be enrolled in an individual health insurance plan to take part in an ICHRA. When you meet with a MEDSURETY Policy Placement Advisor, they will help you review and select your medical plan, and assist you in completing the ICHRA Enrollment Form.
3. Your premiums get paid.
Once you’re enrolled, your employer makes monthly contributions toward your premiums. Any remaining premium balance can be deducted tax-free from your payroll. MEDSURETY then pays your insurance company directly each month.
How do ICHRA and traditional group health plans differ?
|
ICHRA |
Traditional |
|
|---|---|---|
|
Flexibility |
Employees have more choices for individual plans |
Employees are limited to a small menu of group plans |
|
Control |
Employers control contribution amounts but have less control over plan details |
Employers control plan design and network access |
|
Cost |
Varies based on employee choices |
More predictable due to negotiated rates |
Why ICHRA Benefits You
More Flexibility and Choice
With an ICHRA, you’re not locked into a single group plan. Instead, you can choose from a wider range of individual health insurance options to find the plan that best fits your needs, budget, and preferences.
Tax-Free Savings
The money your employer contributes toward your health insurance premiums is generally tax-free. That means you get more value and may lower your overall tax burden.
Control Over Your Spending
Since you choose your own plan, you can avoid paying for coverage you don’t need and focus your dollars on what matters most to you.
Coverage That Moves with You
Unlike a group plan tied to your employer, your individual health insurance plan can often stay with you if you change jobs or move, giving you more stability and continuity.
Less Hassle
ICHRA usually involves less paperwork than traditional group health plans, making it easier to manage your benefits.
Have a question?
See our Frequently Asked Questions.
CONTACT CUSTOMER SERVICE
Get In Touch
We understand healthcare decisions can feel overwhelming. If you have questions about your employer’s ICHRA, our customer service team is here to help. We look forward to supporting you as your ICHRA provider!
Email Us
Call Us
1-888-816-4234
Address
Minnetonka, MN 55343
Working Hours
8:00 am – 5:00 pm
