Benafica

09/15/2026

Medicare Advantage is undergoing some big changes in 2027. Are you ready for Open Enrollment? 👇

Medicare Advantage plans in Minnesota are changing in 2027. Don't renew your Medicare on autopilot. Here's what you need to know.

09/07/2026

Today, we celebrate the people whose hard work keeps businesses moving, communities growing, and progress going forward.

Happy Labor Day from all of us at Benafica! 🇺🇸

Here’s to taking a well-deserved break and recognizing the value of every person behind the work.

09/04/2026

ICHRA has a new name: CHOICE Arrangements. Learn what changed, what CHOICE means, and why the name change doesn’t change how ICHRA works.

ICHRA has a new name: CHOICE Arrangements. Learn what changed, what CHOICE means, and why the name change doesn’t change how ICHRA works.

09/03/2026

Some news today! 👀

ICHRA is getting a new name - CHOICE Arrangement: short for Custom Health Option and Individual Care Expense Arrangement.

The name may be changing, but the core concept remains familiar: employers give employees a defined contribution toward individual health coverage, giving employees more choice while giving employers greater predictability over costs.

Learn more at benafica.com/ICHRA

08/21/2026

New number to pay attention to if you're an ALE: 10.22%

That's the new IRS affordability rate for 2027 employer-sponsored healthcare plans. Employees can be asked to share part of the cost of healthcare premiums as long as it doesn't exceed a certain percentage of their income. The IRS updates this percentage every year.

Another thing to note: It doesn't apply to non calendar-year plans. So if your plan runs from April to March, the new rate wouldn't apply to you until April 2027.

New for 2027: the ACA affordability threshold rises to 10.22%. See the updated W-2, rate of pay, and FPL safe harbor limits for your plan year.

08/20/2026

We've been working with auto dealerships in the Midwest, and we're seeing why ICHRA can be such a good fit for the dealership model.

🚗 One benefit for every kind of employee — full-time, part-time, hourly, salaried, and more.
🏢 One strategy that can work across multiple rooftops and states.
💰 Less budget disruption from turnover as employees come and go.

Dealerships have a unique workforce. Their benefits strategy should have the flexibility to match.

08/06/2026

❓Can you offer both a group health plan and an ICHRA? Absolutely.

One of ICHRA's biggest advantages is flexibility. Employers can continue offering a traditional group health plan to one eligible employee class while offering an ICHRA to another. It's a smarter way to tailor benefits to the unique needs of your workforce.

07/31/2026

Learn how to design compliant ICHRA employee classes: allowance rules, minimum class sizes, ACA affordability, and three real-world employer examples.

Learn how to design compliant ICHRA employee classes — allowance rules, minimum class sizes, ACA affordability, and three real-world employer examples.

07/31/2026

ICHRA Employee classes let you design a health benefits strategy that reflects how your workforce is actually structured. Offer different contribution amounts based on eligible employee classes, extend coverage to groups that traditional group health often overlooks, and avoid overfunding one group while underfunding another.

More flexibility. Better budget control. Benefits that make sense for every part of your workforce.

07/21/2026

Payment friction is one of the biggest headaches with ICHRA. A missed payment can mean canceled coverage, delayed care, and a stressful experience for employees. That's why payment transparency matters.

With BEN360, employers and brokers can see premium payments to carriers in real time, giving you visibility into what's been sent, what's cleared, and where action may be needed. Behind the scenes, the Benafica team is also proactively monitoring payments and resolving issues before they become bigger problems.

Check out BEN360 at benafica.com/platform