How does the renewal process work for my clients?

All individual Marketplace plans operate on a calendar-year basis. This means ICHRA coverage resets annually with a January 1 effective date.

The renewal process begins in September. At this time, we will contact plan administrators to confirm if any updates are needed for the upcoming year, such as adjusting contribution amounts or changing waiting periods.

If no changes are submitted, the ICHRA policy will automatically renew with the existing plan details.

To ensure a smooth transition for employees, we aim to finalize all policy updates for the next year by early November. The open enrollment period for employees typically runs from November 1 to December 15 in most states for coverage starting January 1. During this window, employees can review, renew, or select their health plans.