StretchDollar

StretchDollar provides a modern health benefits platform designed specifically for small businesses with fewer than 50 employees and the brokers who serve them. Its platform helps employers offer an Individual Coverage Health Reimbursement Arrangement (ICHRA), giving employees the freedom to select an individual health plan that suits their needs while receiving eligible premiums reimbursed tax-free by their employer.

Employers can set benefit budgets by employee group, adjust allowances for dependents, choose waiting periods, and invite employees to enroll through an online dashboard. Employees can shop for ACA-compliant plans from national and regional carriers, submit proof of coverage, and receive ongoing reimbursements. Because employees own their plans, they can keep their coverage if they change jobs.

For brokers, StretchDollar offers tools to create quotes, onboard clients, monitor enrollment, and manage client relationships through a dedicated portal. The platform also automates reimbursement administration and supports IRS and ACA compliance, including year-end reporting.