Jeremy Wolf |
Thatch makes it easy for employees to use their healthcare budget on qualified medical expenses. Employees can text ThatchBot, our AI chatbot, at THATCH (842824) to ask whether a particular expense is covered and receive an instant answer.
To purchase qualified items, employees either:
Thatch allows employers to decide whether qualified medical expenses can be paid for using the budget they provide.
ICHRA, a health reimbursement arrangement, allows for reimbursement of QMEs as defined by the IRS. Some examples include:
Certain expenses are not qualified for reimbursement under ICHRA. These include costs that are merely beneficial to general health or not directly related to medical care. Some examples of costs that are not covered:
Thatch is like a more flexible, powerful HSA or FSA. Your team can spend the money you provide on the expenses that are best for them.Schedule demo