Thatch simplifies ICHRA administration by helping employers offer flexible, budget-based healthcare benefits. While some users wish it covered additional standard benefits beyond health, it’s praised for seamless implementation, reliable customer support, and ability to integrate with existing HR systems. The platform also handles complex employee healthcare needs with minimal friction.
Thatch Specifications
Employee Information Management
Employee Onboarding
Benefits Administration
Employee Self‑Service Portal
What Is Thatch?
Thatch is a cloud-based benefits administration platform designed for U.S. employers offering health benefits through an Individual Coverage Health Reimbursement Arrangement (ICHRA). It supports flexible budget configuration to control healthcare costs and automates payroll deductions for administrative efficiency. Employees can select individual insurance plans that suit their needs, helping businesses accommodate diverse coverage requirements without the complexity of group plans.
Thatch Pricing
The software offers two primary plans to support businesses of varying sizes and compliance requirements.
- Standard: $45/month/enrolled employee + $50/month company compliance fee
- Custom: Custom pricing
Disclaimer: The pricing is subject to change.
Thatch Integrations
The Thatch software supports integration with multiple systems and platforms, such as:
Who Is Thatch For?
Thatch is ideal for a wide range of industries and sectors, including:
- Technology and startups
- Professional services firms
- Healthcare
- Non-profit organizations
- Financial services
- E-commerce businesses
Is Thatch Right For You?
If your organization needs to support a remote or multi-state workforce with tailored health benefits, Thatch may be the right choice. Its ICHRA-first model gives employees freedom to choose their own plans, while employers retain budget control. Payroll integration and automated compliance make it especially effective for startups and lean HR teams.
Still not sure if Thatch is the right fit for you? Connect with our customer support staff at (661) 384-7070 for further guidance.
Thatch Features
Thatch enables employers to replace fixed group insurance plans with defined-contribution budgets. Administrators can segment teams by role or location and assign custom allowances, giving employees freedom to choose coverage while helping employers control costs and avoid unpredictable rate increases.
See How It WorksThe system integrates with major payroll providers to fully automate deduction tracking. Pre-tax and post-tax healthcare spending is calculated monthly, with one-time payroll deductions applied accordingly. This setup reduces manual processing and ensures accuracy across diverse pay structures.
See How It WorksThatch extends coverage beyond insurance by offering employees access to wellness services through its integrated Marketplace. Team members can apply unused budget toward services like diagnostics or therapy, converting health benefits into a personalized spending experience without additional employer costs.
See How It WorksThe platform handles all key compliance requirements for ICHRA, HIPAA, and ACA. It generates notices, maintains necessary documentation, and manages reporting schedules, helping employers—especially large organizations—avoid penalties and reduce the burden of keeping up with evolving regulatory obligations.
See How It WorksThatch features an AI-driven virtual assistant named ThatchBot that supports employees around the clock. It can answer questions about spending eligibility, provide real-time balance updates, and process receipts, minimizing dependency on HR teams and improving the employee experience with faster resolution times.
See How It Works
