Health Insurance
A fixed fee that members pay at the time of service.
What is a copay?
An employer-funded, tax-advantaged health benefit that reimburses employees for individual health insurance premiums
What is an ICHRA?
A cost that is directly related to diagnosing, treating, or preventing a medical condition
What is QME?
Has a shih tzu puppy.
What is Alex?
Unofficial Spanish speaker on Support.
What is Eric?
This made it illegal for insurers to deny coverage for pre-existing conditions.
What is the ACA?
An external organization that handles the administrative and operational aspects of health benefits plans on behalf of employers.
What is a Third Party Administrator (TPA)?
Can be used to pay for premiums or QME directly by member.
What is Thatch Card?
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What is Danae?
Where you can access exclusive member pricing on a curated ecosystem of high-impact health and wellness services.
What is the Marketplace?
These plans pay roughly 70% of medical costs across a standard population, with the enrollees paying the other 30%.
What is a Silver plan?
Allowance amount that is based on each employee's age, location, and number of dependents.
What is a dynamic (smart) allowance?
The Thatch team that reviews reimbursements and Thatch card purchases.
What is Member Ops?
Played soccer more than just recreationally.
What is Victor?
A set of APIs and embeddable components that enable you to bring ICHRA benefits to your customers.
What is Thatch for Platforms?
Often requires minimum employer contribution and minimum employee participation to keep the policy in force.
What is a group health plan?
These employers must offer full‑time employees an ICHRA plan that is considered affordable
What is an Applicable Large Employer (ALE)?
A formal explanation of why a certain item or service is an important part of your medical care.
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What is Tanaka?
Our AI customer support bot.
What is Thatchbot?
Health insurance purchased directly through a carrier (rather than the marketplace).
What is an off-exchange plan?
An employee cannot contribute to this if their ICHRA allows reimbursement for QME.
What is an HSA?
This publication lists what is generally considered a QME.
What is IRS Publication 502?
Knows how to fix a baby's skull.
What is Elaina?
$45.
What is PEPM?