The Shift to ICHRA
The Individual Coverage Health Reimbursement Arrangement (ICHRA) has redefined how employers offer healthcare. These plans provide employers with tax advantages, predictable fixed healthcare costs, and employees with the freedom to choose coverage that fits their needs.
But as ICHRA programs grow, so does the complexity of managing premium payments. Manual payment processes, delayed reconciliations, and compliance risks can create headaches for administrators and HR teams. That’s where iStream steps in.
How iStream Simplifies ICHRA Premium Payments
1. Automated Premium Payments
Say goodbye to manual premium processing. iStream automates healthcare premium payments, ensuring on-time and error-free transactions for both employers and employees.
2. Faster Employee Onboarding
Instant account setup means new employees can receive their premium account the moment they enroll, eliminating delays and administrative bottlenecks.
3. Compliance & Security You Can Trust
Our platform is designed to meet banking and payment regulations, with built-in safeguards to protect sensitive data and reduce compliance risks.
4. Seamless Integration
We integrate directly with existing ICHRA administration platforms — no clunky workarounds or additional systems needed.
5. Real-Time Tracking & Reporting
From funding to carrier debits, iStream provides real-time visibility, giving employers and administrators a clear picture of premium statuses at any moment.
The Benefits for Administrators and Employers
- Scalability: Handle growing transaction volumes without worrying about delays or errors.
- Reduced Admin Burden: Free up your team to focus on strategy and service — not payment logistics.
- Employee Satisfaction: Fast, automated payments mean employees never have to worry about missed coverage deadlines.
- Expert Partnership: With over 20 years of payment processing expertise, iStream delivers reliability, innovation, and unmatched support.
Why Wait?
ICHRA premium payment processing doesn’t have to be complicated — and with iStream, it isn’t. Our ICHRA premium payment solution is built for efficiency, security, and growth.
Ready to simplify your ICHRA premium payments?
Contact us today to schedule a quick consultation to see how we can transform your administration process.