ICHRA
Individual Coverage Health Reimbursement Arrangement with Transperra Choice & Kyndly
The 401k for health insurance. Provide your employees health insurance options and save 20-30% over traditional health insurance options.
How can this program benefit GLI Investors?
- 8% discount on administration services
- Helps recruit and retain employees by providing individualized comprehensive health insurance options
- Utilizes cutting edge technology to compare group health plans to individual coverage and customize the best health insurance option per employee
- Allows employers to contribute a set amount for for health insurance similar to a 401K contribution structure
- Convenient FDIC backed debit card for premium payments per employee
- Benefit administration technology included for each employer to track employee eligibility and billing
- All ACA compliance documentation included
Do I have to be a GLI investor?
Yes, you must be a current GLI investor to participate. If you’re not a current GLI investor, you can become one here.
How much can I save?
8% discount off standard administrative pricing , and potential savings of health insurance pricing compared to existing plan
Are Indiana companies eligible?
Yes, Southern Indiana companies are eligible.
How do I get started?
Please go to our portal here and provide some basic info on your business
Who are Transperra Choice & Kyndly?
Transperra Choice is a division of Advisory Health Administrator (AHA), a third-party administrator (TPA) located in Louisville, KY, with offices also in Kansas, Indiana, Ohio, and Louisiana and currently servicing clients in multiple states throughout the region. Founded in 2020, the driving force behind the creation of Transperra Choice was the persistent financial pain that employers experience each year while trying to deliver savings to an employee benefit program. Always focused on innovation and cost containment strategies, Transperra quickly became the go-to solution for employer groups looking for practical alternative solutions to their health insurance challenges. Most recently, Transperra has partnered with Kyndly to provide a best-in-class technology and administrative solution for employer clients seeking an ICHRA solution. Kyndly is on a mission to make health insurance accessible to everyone. Our technology platform helps brokers, advisors and TPAs offer an ICHRA product to their employer group customers.
