Thatch.ai: Simplifying Personalized Healthcare Benefits for Businesses

Thatch.ai is a cutting-edge financial technology platform that empowers employers—especially startups, SMBs, and enterprises—to offer personalized, flexible healthcare benefits through Individual Coverage Health Reimbursement Arrangements (ICHRA). With a seamless 5-minute setup, Thatch handles everything from compliance and payroll integration to insurance plan selection and automated reimbursements, allowing employees to choose coverage that fits their needs across multiple states. The AI-powered ThatchBot assistant provides 24/7 support for budget questions, receipt submissions, and regulatory guidance, while the Thatch Visa Debit Card gives unused funds extra spending power on wellness products, prescriptions, therapy, and more. Designed for modern, distributed teams, Thatch delivers cost savings, administrative ease, and enhanced employee satisfaction—all backed by top-tier carriers and regulated financial partners.

Key Features:

• ICHRA Plan Management: Fully managed Individual Coverage Health Reimbursement Arrangements for customizable, flexible healthcare benefits.
• AI-Powered ThatchBot: 24/7 intelligent assistant for employee support, budget inquiries, and compliance guidance.
• Payroll Integration: Seamless connection with all major payroll providers for automated setup and payments.
• Customizable Budgets: Tailor healthcare budgets by team, location, or employee status for targeted benefit distribution.
• Comprehensive Compliance: Automated handling of ACA, PCORI, ERISA, and Medicare Part D reporting requirements.
• Thatch Visa Debit Card: Unused budget funds are issued as a reloadable debit card for eligible healthcare expenses.
• Wide Insurance Access: Connects employees to top-tier health, dental, and vision plans from carriers like Cigna, Anthem, Aetna, Oscar, and UnitedHealthcare.
• Flexible Spending: Employees can use funds for insurance premiums, prescriptions, therapy, lab tests, dental care, vision services, gym memberships, and wellness products.
• Instant Onboarding: Set up in just 5 minutes by linking payroll and bank accounts.
• ICHRA: Guided Book eBook: Step-by-step educational resource to help employers design and implement ICHRA plans.
• Healthcare Calculator: Tools to estimate optimal monthly healthcare budgets based on business size and needs.
• Remote & Multi-State Support: Ideal for distributed teams across the U.S. and Canada with location-based plan selection.
• Auto-Pay for Premiums: Automated payment of insurance premiums to reduce employee friction.

Pricing: Thatch.ai offers a freemium model with a free option for initial exploration and a paid subscription tier available upon request through their 'Get a quote' feature, making it accessible for businesses of all sizes to start small and scale with confidence.

Conclusion: Thatch.ai revolutionizes employee benefits by combining AI-driven support with a fully compliant, flexible ICHRA platform—delivering cost savings, administrative simplicity, and personalized healthcare choices for modern businesses.