kevc

9 ms·

31.
by kevc 7y ago
Yes, we give access to any ACA-compliant plan on the market - many of which can be paired with HSAs.
32.
by kevc 7y ago
We absolutely want to use our platform as a base for negotiating lower prices. Currently our customers have 0 negotiating power and can actually get serious price increases if a single person in their group gets sick. For employers in this
33.
by kevc 7y ago
We are extremely interested in engaging in group bargaining for lower rates and are actively working with experts who have experience doing this. A recent federal ruling has opened the door to doing this across state lines, which could be v
34.
by kevc 7y ago
The QSEHRA was kind of like the beta version of the new ICHRA. Many of its limitations have been lifted with the new regulation. QSEHRAs are restricted to under 50 employees, and have caps on how much employers can contribute (~$420 /
35.
by kevc 7y ago
FYI, when an employer signs up with Savvy this qualifies as a special enrollment period for all employees. This allows them to enroll in health insurance mid-year.
36.
by kevc 7y ago
Are you referring to a health share program? In order to spend your health stipend tax-free, you must be enrolled in a plan that has Minimum Essential Coverage. Paired with an MEC plan, you could pay for medical expenses tax-free as part of
37.
by kevc 7y ago
We are really focused on providing this as an "on-ramp" for small employers. Providing large employers an "off-ramp" isn't a use case we have seen much interest in. However, there is an interesting historical preced
38.
by kevc 7y ago
Almost all of our current customers are using us to offer health benefits to their employees for the first time. I understand there is frustration with the larger healthcare system. No question there are large, systemic challenges. We saw a
39.
by kevc 7y ago
We have an in-app insurance market that offers every ACA-compliant individual health insurance plan in the country, and you can speak 1-1 with a broker to help guide your decision. In the case of someone who is already pregnant, ACA-complia
40.
Launch HN: Savvy (YC W20) – Give employees tax-free cash for health insurance
186 points by kevc 7y ago|143 comments