Just the Basics
This is the minimum number of EEs required to offer an ICHRA plan...
What is 0? There is no minimum participation.
These are the fees charged to the client for Decisely ICHRA.
What are platform and admin fees?
This is the last day an EE can enroll on the marketplace for a plan effective date on the 1st of the next month...
What is the 15th? (Some States allow later dates but we don't encourage it)
They created the definition of "affordability" relative to ICHRA.
What is the federal government/ACA regulations?
At Decisely, this is used to compare group rates to individual marketplace rates by state.
What is the Ideon map?
This is the minimum administrative fee a client will pay for the Decisely ICHRA...
What is $100?
For an ER to avoid admin fees for the EE, the EE must...
What is waive the ICHRA in the Decisely platform?
These must be submitted to iSolved at least 5 days before OE...
What is the ICHRA Plan Design Form, the ACH Form, and a copy of a voided check?
This coverage tier or metallic plan is used to benchmark "affordability" with ICHRA...
What is the Lowest Cost Silver Plan (LCSP)?
At Decisely, this tool is used to calculate affordability for Decisely ICHRA plans.
What is the Cost Analysis tool?
They choose and own the ICHRA plan.
Who is the EE or individual?
This vendor partner facilitates the marketplace shopping experience....
Who is Catch?
This EE document is required not only for compliance but also for some states as evidence for ICHRA eligibility...
What is the DOL Notice (aka model notice)?
Unlike group insurance, EEs are auto-enrolled in the Decisely platform for this reason...
What is notification of eligibility and reimbursement amount and ability to shop for and select plans in the marketplace?
The Decisely ICHRA team - SMEs
Who are Robin, Branson, and Jess?
The ACA marketplace site is managed by either of these two government entities...
What is the Federal or State exchange?
This vendor partner facilitates the reimbursement experience for EEs...
Who is iSolved?
What is 60 days from the date of their DOL notice?
Being offered an affordable ICHRA renders an EE ineligible for this...
What are APTCs or subsidies?
The online workspace to post requests for immediate assistance with ICHRA - questions and real-time support needs...
What is the ICHRA Support teams channel?
What is ICHRAs are tax free to EEs and ERs?
While Catch facilitates the ICHRA shopping experience, it's important to share the Catch partner link carefully because...
Clients should enroll through Decisely first, then link to Catch for marketplace shopping and enrollment vs. shopping directly from Catch and circumventing the Decisely platform experience?
To be reimbursed - the 'r' in ICHRA - EEs must submit proof of coverage when...
What is after the plan effective date, for any month they are eligible for reimbursement?
In a fixed contribution model, this is the ratio that must be applied across EEs...
What is 3:1 or 1:3?
These are the three plan configuration options or "safe harbor" options supported in the Cost Analysis tool...
What is lowest paid, rate of pay, and fixed contribution?