ICHRA – HRA Plan Group
$495.00 – $900.00Price range: $495.00 through $900.00
Health Reimbursement Arrangements (HRAs) are experiencing a strong resurgence as a preferred benefits strategy, offering greater flexibility, choice, and cost control for both churches and employees. This shift was accelerated with the introduction of the Individual Coverage HRA (ICHRA)—a modernized plan model announced in June 2019 that transformed how churches can provide health benefits.
The ICHRA represents one of the most flexible and cost-effective options available in church-sponsored healthcare today. Instead of being tied to a traditional group health insurance plan, churches can now reimburse employees tax-free for individual health insurance coverage and qualified medical expenses. This approach empowers employees to select the coverage that best fits their personal needs, while giving employers predictable and controllable benefit costs.
Getting started is simple and guided every step of the way:
Step 1: Complete the Enrollment Form (Select qty 1 to expand the enrollment form)
Provide your information so we can understand your needs and design the right plan structure for you.
Step 2: Plan Review by a Benefits Advisor
A knowledgeable advisor will carefully review your submission to ensure everything is complete and compliant.
Step 3: Receive Your Customized Plan Package
Once approved, we will prepare and deliver all necessary documentation, including:
- Official Plan Document
- Summary Plan Description (SPD)
- Required forms and compliance materials
- Clear, easy-to-follow setup and signing instructions
Do You Need Ongoing HRA Plan Support?
For churches that prefer ongoing assistance, Clergy Financial Resources can provide compliance support services designed to reduce administrative burdens and help ensure the plan remains compliant as regulations and requirements evolve.
A compliance support package may include:
- Ongoing compliance monitoring and guidance
- Annual review of plan documents and procedures
- Updates for regulatory and legislative changes
- Assistance with employee notices and disclosures
- Support for employee eligibility classifications
- Documentation retention recommendations
- Reimbursement procedure consultation
- Audit and documentation support
- Plan administration best practices
- Access to technical guidance regarding HRA requirements
- Assistance with plan amendments when needed
Maintaining an HRA plan requires more than just setup—it requires ongoing attention to compliance, documentation, and administration. Our annual HRA support services ensure your plan stays current, compliant, and running smoothly. From required updates and employee documentation to guidance on reimbursements and IRS regulations, we provide year-round expertise so you can focus on your mission with confidence.
