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Ambetter Health and Take Command Announce Partnership to Offer Indiana Employers Access to Individual Coverage Health Reimbursement Arrangements
As the health insurance marketplace carrier of Centene Corporation (NYSE: CNC), Ambetter Health today announced a partnership with Take Command, an innovative health benefits platform, in order to offer employers in Indiana high-quality, cost-effective, and flexible Individual Coverage Health Reimbursement Arrangements (ICHRAs).. Through this product, Ambetter Health Business Solutions Powered by Take Command, the two companies will work together to offer Indiana businesses a quality, affordable and tax-advantaged alternative to traditional group health insurance, as well as a variety of health plans for their employees to choose from.. As an additional benefit, small companies will be able to take advantage of Indiana's new tax credit incentive with the assistance of expert partners. As of 2024, Indiana will offer small businesses, those with fewer than 50 full-time employees, state tax credits of up to $400 per employee in year one, and up to $200 per employee in year two, if they choose to offer Health Reimbursement Arrangements like ICHRAs to their employees. As of 2024, Indiana will offer small businesses, those with fewer than 50 full-time employees, state tax credits of up to $400 per employee in year one, and up to $200 per employee in year two, if they choose to offer Health Reimbursement Arrangements like ICHRAs to their employees. "We are proud to partner with Take Command to provide employers in Indiana with ICHRA and other defined contribution products," said Ambetter Health's Chief Executive Officer Kevin Counihan. ICHRA products are being used by companies of all sizes to support their employees' unique needs when it comes to health and wellness. As a result of this exciting new product, employees will be able to select their healthcare provider, while employers will enjoy greater certainty, flexibility, and tax benefits." According to the Chief Executive Officer of Ambetter Health, Kevin Counihan, "We are very pleased to partner with Take Command to offer ICHRA and other defined contribution products to employers in Indiana." ICHRA products are being explored by businesses of all sizes as a means of supporting the unique health and wellness needs of their employees. As a result of the development of this exciting new product, employees will have the option of choosing healthcare, while employers will enjoy greater cost certainty, flexibility, and tax advantages.Small and large businesses will be able to better predict and manage healthcare costs through the use of the product, which allows them to reimburse their employees for their health insurance rather than purchase it for them, and simplify the administrative experience of managing employee health benefits by using the product. In addition to this, a range of market-leading health plans will be available for employees to choose from when it comes to selecting the coverage that best fits their health needs. The cost of healthcare continues to rise, creating uncertainty for businesses and financial stress for families in Indiana as a result. In this market, the need for a streamlined approach to ICHRA is one of the most critical things that can be done. It is our honor to collaborate with the largest marketplace carrier of the nation to expand our products for the benefit of employers across the state of Indiana as the largest and most experienced administrative platform for these products," said Jack Hooper, Chief Executive Officer of Take Command. It is our honor to collaborate with the largest marketplace carrier of the nation to expand our products for the benefit of employers across the state of Indiana as the largest and most experienced administrative platform for these products," said Jack Hooper, Chief Executive Officer of Take Command.During the first week of January 2024, the product will be available with coverage beginning that day. For more information on Ambetter Health Business Solutions Powered by Take Command and why ICHRAs have grown 171% in the past year, please visit: https://www.takecommandhealth.com/ambetter-health-ichra.Ambetter Health is a health insurance company that offers health insurance plans that can be purchased through the Health Insurance Marketplace, which is an exchange established by the Affordable Care Act in the states listed on the website called AmbetterHealth.com.Become healthier today.ICOM (www.com). It is one of the healthcare programs provided by Centene Corporation, one of the leading healthcare enterprises dedicated to helping people live healthier lives through its healthcare offerings. It is possible to receive Ambetter Health coverage through local health plans, and it covers a wide variety of healthcare services, such as preventative and wellness services, maternity and newborn care, pediatric services, mental health and substance abuse services, and prescription drug coverage. It is possible to receive Ambetter Health coverage through local health plans, and it covers a wide variety of healthcare services, such as preventative and wellness services, maternity and newborn care, pediatric services, mental health and substance abuse services, and prescription drug coverage.Take Command is a software as a service platform that offers companies the ability to reimburse their employees for health insurance premiums. Take Command is the industry's first ICHRA solution that offers seamless administration for both Individual Coverage HRAs (ICHRAs) and Qualified Small Employer HRAs (QSEHRAs). Take Command was the first to offer brokerage firms a viable partnership model, the only HRA administrator invited to the White House when the ICHRA was announced, and the only company that provides in-house enrollment assistance to employees. Take Command is the industry's first ICHRA solution that offers seamless administration for both Individual Coverage HRAs (ICHRAs) and Qualified Small Employer HRAs (QSEHRAs). Take Command was the first to offer brokerage firms a viable partnership model, the only HRA administrator invited to the White House when the ICHRA was announced, and the only company that provides in-house enrollment assistance to employees.Take Command has helped more than 5,000 companies take control of their health benefits, with clients in all 50 states, ranging in size from 3 to 3,000 employees. For an electronic press kit, click on the following link for more information. The source of this information is Ambetter HealthIn collaboration with Centene Corporation (NYSE: CNC), Ambetter Health is the health insurance marketplace carrier owned by Centene Corporation (NYSE: CNC), the largest healthcare organization in the country...Get PRN's top stories and curated news delivered to your inbox every week when you subscribe!
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