As a CFO, you’re no stranger to unexpected finance management challenges and the extreme budget restraints that follow. At Take Command, we've made it our mission to eliminate the complexity of employee benefits while ensuring the benefits are valuable and costs are predictable, manageable, and affordable. So you can offer top-notch coverage to every employee and still make pay day.
Save Money on Employee Health Benefits, Alleviate Financial Stress
The rising costs of group health plans can cause financial stress for many companies, pushing them to cut operating costs in other areas they can't cut in. HRAs, on the other hand, help CFOs save up to 30% on health insurance costs. With an HRA, you can better manage costs and reduce financial pressure while providing great employee coverage.
Set Your HRA Amounts & Health Benefit Costs Become Predictable
CFOs can count on predictable costs for most line items on their expense statement, but healthcare costs remain unpredictable and tend to increase annually with no warning. HRAs are a better solution, enabling you to set your budget and keep it intact, avoiding the volatility of healthcare expenses.
Create Accurate Operating Budgets & Scalable Forecasts
Every company needs an airtight operating budget, but how many have them? As organizations grow and evolve, their needs will change, creating more complexity in the forecast and budget. So how do you influence growth and maximize revenue under those conditions? You control one operating expense at a time, reducing expenses and reallocating funds where it matters.
Balance The Cost of Health Benefits with Overall Value
CFO's have the impossible task of finding the sweet spot between quality & cost with employee benefits. When benefits are watered down due to cost cutting, the quality goes down with it, making it less of a draw for employees. An ICHRA with Take Command delivers high quality and cost containment, ensuring that you’re meeting the needs of leadership and the needs of your workforce.
Check out these case studies to see how real companies are conquering health insurance challenges by partnering with Take Command.
Joel Bernard, the CFO of IKM Architecture, teamed up with Take Command to streamline employee benefits across their offices nationwide. As a result, they learned how to navigate the complexities of healthcare, reduce costs, and improve employee satisfaction.
Nystrom Counseling faced challenges with its health benefits as it scaled across multiple states. After a poor experience with another HRA administrator, they turned to Take Command to manage their ICHRA, ensuring all 1,600 employees had access to flexible healthcare options.
ICHRA is designed for businesses of all sizes. It offers customizable health benefit solutions that meet your employees’ diverse needs. With this plan, you can
Our HRAs let you create custom plans that meet your employees’ needs.
We handle the entire transition, ensuring your employees smoothly adapt to their new HRA.
Our platform simplifies tax-free reimbursements with straightforward reporting and clear guidance
Want to dive deeper into HRAs? Explore these resources for guides, tools, and expert insights to help you make the most of your HRA.
Setting up an ICHRA with Take Command is easy with our user-friendly platform. Follow these seven quick steps to implement ICHRA and improve your benefits management.
As a CFO, you’ve probably noticed health insurance costs creeping up each year. But are hefty renewals inevitable? Not necessarily. Learn the different strategies to manage rising group health insurance costs while offering great employee benefits.
Remote work has made health insurance more complex. Employers must navigate various options like HRAs and telemedicine while addressing state-specific regulations and diverse employee needs. Learn more about how HRAs simplify benefits for remote employees while reducing costs.
