Goodbye clunky reimbursement

One seamless solution for ICHRA payment automation designed to work with any existing plan

Simplify ICHRA reimbursement

Automated

Make premium payments without cumbersome paperwork and employee involvement

Compliant

Easily meet substantiation and regulatory requirements and make payroll adjustments

Flexible

Payment options designed to meet the needs of any carrier's payment preferences

ADAPTABLE

The ability to work with any broker or administrator and their ICHRA offering, regardless of platform

PPM in action

Learn how Premium Payment Manager works in our new product video. We cover how PPM enhances your ICHRA offering, simplifies ICHRA reimbursement and the exact steps we follow to automate your healthcare payments.

PREMIUM PAYMENT MANAGER

Familiar process,
new options

Manage employee premium payments and reimbursement administration without any additional employee burden, just like with a traditional plan.

PPM is an automatic, self-regulating reimbursement solution essential for integrating an ICHRA into any offering.

HOW IT WORKS

Incredibly simple reimbursement with payment automation

Are you ready to pay all employees’ total premiums through a single monthly ACH payment, deduct their portion through payroll, receive all the proof necessary for IRS deductibility AND keep all the reimbursement administration behind the scenes where it belongs?

Employers design an ICHRA plan with a broker, administrator, or enrollment agent of their choice

Employers design an ICHRA plan with a broker, administrator, or enrollment agent of their choice

Employees are educated on the offering and enroll in individual coverage on the marketplace

Employees are educated on the offering and enroll in individual coverage on the market place

Employee premium enrollment information is collected and housed within PPM

After enrollment that’s where we come in. Employee premium enrollment information is collected and housed within PPM

PPM creates accounts at all insurance carriers where employees are enrolled

PPM creates accounts at all insurance carriers where employees are enrolled

PPM funds these accounts through a single monthly ACH transfer from the employer’s bank account, regardless of the number of employees or carriers

PPM funds these accounts through a single monthly ACH transfer from the employers bank account, regardless of the number of employees or carriers

As carriers apply these funds to employees’ premiums, PPM records and reports the transactions to ensure IRS deductibility status

As carriers apply these funds to employees’ premiums, PPM records and reports the transactions to ensure IRS deductibility status

Through the PPM dashboard, employers update employee eligibility, view reporting to adjust payroll accordingly and can access year-end reporting information 

Through the PPM dashboard, employers update employee eligibility, view reporting to adjust payroll accordingly and can access year-end reporting information

Powered by ECHO®

Payments Simplified

$ 50 b+
in payments processed annually
0 m+
claims processed annually
0 +
years of industry experience
Scroll to Top