Group Health Plans & HRAs (ICHRA & QSEHRA) for Virginia Businesses and Self-Employed Individuals
Expert guidance • Competitive rates • Local service
As a Virginia small business owner, you have more options than ever for providing quality health benefits. In addition to traditional group health insurance, Health Reimbursement Arrangements (HRAs) like ICHRA and QSEHRA offer flexible, tax-advantaged ways to help your employees (or yourself) pay for coverage.
Whether you're self-employed or have employees, group health insurance contributions are tax-deductible, helping reduce your overall costs.
Access comprehensive health plans with broader networks and better benefits than individual market options, available to both businesses and self-employed individuals.
Choose from a variety of plans designed to fit your specific needs, whether you're a growing business or self-employed professional.
Invest in your future with quality healthcare coverage that supports your professional success and personal well-being.
We'll discuss your business needs, current coverage, budget, and goals for your employee benefits program.
Our team will research and compare plans from top carriers to find the best options for your business.
We'll handle the enrollment process, employee communications, and ensure a smooth transition to your new plan.
Count on us for year-round support with claims, questions, and annual renewals.
In Virginia, both small businesses with 2-50 full-time equivalent employees AND self-employed individuals can qualify for group health insurance. We'll help determine your eligibility and explore all available options to find the best coverage for your situation.
Self-employed individuals can benefit from group health insurance through better rates, comprehensive coverage options, and tax advantages. You may also have access to a broader network of healthcare providers compared to individual market plans.
In Virginia, businesses with 2-50 full-time equivalent employees qualify for small group health insurance. We can help determine your eligibility and explore all available options.
Costs vary based on factors like employee demographics, coverage levels, and employer contribution. We'll help you find plans that fit your budget while providing valuable benefits.
Most carriers require 70% of eligible employees to participate, excluding those with other coverage. We'll help you understand and meet these requirements.
A Health Reimbursement Arrangement (HRA) is an employer-funded benefit that reimburses employees tax-free for health insurance premiums and/or qualified medical expenses. HRAs like ICHRA and QSEHRA offer flexibility and cost control for small businesses.
ICHRA (Individual Coverage HRA) is available to businesses of any size and allows for flexible benefit design. QSEHRA (Qualified Small Employer HRA) is only for businesses with fewer than 50 employees and has annual reimbursement limits. Both help employees pay for individual health insurance tax-free.
HRAs are a great fit for small businesses that want to offer health benefits but need more flexibility or cost control than traditional group health plans provide. They are especially helpful for businesses with diverse employee needs or those who want to reimburse for individual health coverage.
You can start a plan at any time of the year. However, planning ahead for key dates and renewal periods is important for optimal pricing and smooth implementation.