ICHRA Compliance & Reporting — An Employer’s Checklist

Checklist:

1. Plan documents & SPD — Required under ERISA if applicable.
2. Required notice — Provide at least 90 days before the plan year (or upon hire).
3. Coverage verification — Confirm qualifying coverage monthly before reimbursing.
4. HIPAA compliance — Protect privacy when collecting substantiation.
5. ACA employer mandate — Test affordability and offer to enough full-time employees.
6. State/local mandates — Check for Hawaii, San Francisco, or Service Contract Act obligations.
7. ERISA reporting — File Form 5500 if applicable.
8.  COBRA Notifications – Still required.

Stay audit-ready and worry-free. Request our turnkey ICHRA compliance kit with notice templates, affordability worksheets, and a tracking calendar.”

Related Resources:

ICHRA 101 Overview:: https://gobenefits.com/ichra-101-a-modern-alternative-to-traditional-group-health-insurance/

ICHRA Affordability & Budgeting:: https://gobenefits.com/can-an-ichra-save-us-money-affordability-safe-harbors-budgeting/

Best-Fit Scenarios for ICHRAs:: https://gobenefits.com/when-an-ichra-makes-the-most-sense-and-when-it-doesnt/