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Why Schools and Universities Are Adopting ICHRAs

The importance of education facilities is upheld by the staff members who help run them. One way to show your staff that you appreciate them is to offer Individual Coverage Health Reimbursement Arrangements (ICHRAs). Educators deserve high-quality healthcare, and Remodel Health is here to ensure your faculty and staff are taken care of and provided high-quality health benefits.

So, Why Are Schools and Universities Making the Switch?

Schools, private colleges, and universities have experienced their fair share of financial struggles over the last decade. But more workers than ever are leaving their current jobs for new ones, citing their transition is due to a desire for better benefits. Employee retention is a direct link to the health and success of your institution. Therefore, staying uncompetitive in health benefits is simply not an option. If you want to keep your faculty and staff, keeping them happy is a step in the right direction. 

With more schools and universities permanently closing their doors, it’s apparent that educational institutions are struggling to provide their faculty with health benefits. Group plans increased by 283.7% in cost in the past 22 years, so it’s not surprising that educational institutions are making the switch.

Our Premier ICHRA+ Product Can Help

Remodel Health’s ICHRA+ product allows employers and employees to receive individual guidance and support from a highly-experienced team of health benefits professionals. Not only does ICHRA+ allow employers to set a defined contribution amount for employees, but their employees also have access to noncommissioned benefits advisors who help them select, understand, and use the best health plan for them. As a leading ICHRA provider, Remodel Health provides nothing less than the best. With the ICHRA+ product, you can expect high-quality health insurance options, white-glove service, and employee retention.

Why Partner With Remodel Health?

At Remodel Health, our expert team of compassionate professionals is rooted in faith, hope, and love. Our team is authentic and coachable, and dedicated to learning and pursuing growth daily. Furthermore, we are strong collaborators and hard workers who will ensure you and your employees receive the best possible care and customer service. Remodel Health helps organizations better serve their people with affordable, individualized health benefits solutions. We serve schools and universities, small businesses, enterprise organizations, churches, nonprofits, and more. Check out our customer testimonials.  

Reach Out to Remodel Health Today

When you partner with Remodel Health, you can offer your team some of the highest-quality healthcare coverage options while conserving your resources and enhancing your efficiency. We’re ready to talk through your ICHRA-related questions and guide you every step of the way.

Contact our team to learn more about switching your faculty and staff to ICHRAs!