Savii.ai: Simplifying Employee Benefits with AI-Powered ICHRA Management

Savii.ai is an innovative AI-driven platform designed to streamline employee benefits management, with a specialized focus on Individual Coverage Health Reimbursement Arrangements (ICHRA). It empowers businesses to set flexible healthcare budgets, allowing employees to choose personalized health plans using tax-free funds—without being tied to traditional Open Enrollment periods. Savii handles the full lifecycle of ICHRA administration, from plan design and employee enrollment to compliance, reporting, and reimbursement processing, significantly reducing HR workload and ensuring regulatory adherence. With guided employee experiences that include verification, customization, and plan selection, Savii delivers clarity, efficiency, and cost savings for employers and employees alike.

Key Features:

• ICHRA Plan Setup & Management: Fully automate the creation and administration of Individual Coverage Health Reimbursement Arrangements.
• Flexible Benefits Budgeting: Define customizable healthcare budgets for different employee classes (full-time, part-time, seasonal, etc.).
• Employee Plan Selection: Empower employees to choose individual health plans that best fit their needs using tax-free reimbursements.
• Year-Round Enrollment: Enable employers to implement ICHRAs at any time of year, bypassing traditional enrollment windows.
• Compliance & Reporting: Ensure adherence to health insurance regulations and provide comprehensive reporting tools.
• Automated Reimbursements: Handle reimbursement of eligible healthcare expenses seamlessly and securely.
• Guided Employee Experience: Offer step-by-step support for employees through verification, customization, and plan enrollment.
• Tax Advantages: Leverage tax-free reimbursements for employees and employer tax deductions for ICHRA contributions.
• Reduced HR Burden: Minimize administrative complexity and free up HR teams from manual processes.
• Expert Guidance & Support: Access professional assistance in designing and launching ICHRA plans.

Pricing: Savii.ai offers a free trial to help businesses get started with ICHRA administration, making it easy to test the platform before committing.

Conclusion: Savii.ai is a transformative solution for modern workforce benefits, combining AI intelligence with expert compliance support to deliver a simple, flexible, and cost-effective way for businesses to provide personalized healthcare benefits to their employees.