Get to know StretchDollar.

Yes! The legal mechanism we’re using to provide pre-tax benefit dollars to your employees is something called an ICHRA. When you offer this type of policy to your employees, it triggers a qualifying life event that allows them to shop for marketplace plans outside of open enrollment for up to 60 days. Interested in getting started now? Click here.

Your employees will shop for a health plan that fits their needs on their state's individual marketplace, which will be integrated into their StretchDollar shopping experience. 

All plans available on state and federal marketplaces are considered "qualified health plans," which means they must adhere to federal requirements, such as offering free preventive care and setting limits on out-of-pocket expenses. (It’s like a stamp of approval for quality control!) While health insurance options vary based on where they live, most employees will be able to choose from a dozen or more health plans offered by 5 or more health insurance carriers, including national ones. One-size-fits-all rarely fits anyone. With StretchDollar, your employees can find a health plan that suits them — with some help from a licensed StretchDollar broker.

Sign up takes less than 10 minutes. We’ll collect some basic company details to create a contract and then you’re done! Details include: Where your business is headquartered, number of employees and where they live (this helps us guide you on average contribution amounts) and your legal business structure. Once the contract is signed, we’ll send you details about setting up your StretchDollar Benefits Portal.

There is no minimum participation rate meaning even if just one employee accepts the benefit, that’s ok! There is no difference in cost.

StretchDollar’s platform is free! As for your employee’s health benefit, you control how much you wish to contribute each month toward their health insurance premium and we’ll transfer that monthly payment, for those who enroll, directly into your employees bank account.