Level up your franchise with ICHRA: An easy, affordable way to take care of your team
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About this webinar
Franchises often operate on tight margins, and the cost of health insurance can be a significant expense. While franchisees with more than 50 employees are required by law to offer health benefits, the reality is that without some sort of benefits offering—even if you aren’t required to offer it—franchises face challenges with recruitment and retention.
Navigating the complexities of health insurance plans can also be overwhelming, especially for owners who may not have a dedicated HR department. The limited options of group health insurance concerns over compliance, and the need for a flexible, scalable solution for growth puts franchisees in a tough spot.
Luckily, a new solution called Individual Coverage HRA (ICHRA) helps franchises reimburse their employees for health insurance without having to deal with the costs and burden of a group health plan. The plus side for franchises is cost control and ease of use, and the benefit for employees is personalization. In fact, employees get to choose the best health insurance plan that works with their family’s needs.
Join us for an insightful webinar featuring two HR leaders from franchises and Take Command’s Director of Content & Brand Marketing, Amy Skinner, to learn how ICHRA can benefit your company.
Key Takeaways:
- Assess the limitations of group health plans for franchises
- Determine the suitability of ICHRA for your franchise
- Learn about best practices for transitioning from a group health plan to an ICHRA
