NATDA and Hilb Group Offer ICHRA Benefit Program for NATDA Members
St. Petersburg, Fla. – The North American Trailer Dealers Association (NATDA) and its benefit partner Hilb Group – a leading national broker – announce the availability of Individual Coverage Health Reimbursement Arrangement (or ICHRA) programs for NATDA members.
An ICHRA allows an employer to offer a pretax reimbursement to employees to purchase ACA-compliant health policies. ICHRAs are an alternative to traditional group health plans, and are a viable choice for smaller businesses, as even businesses with a single W-2 employee can offer an ICHRA.
“At Hilb Group, our goal is to deliver innovative solutions to the customers and communities we are privileged to serve,” said Hilb Group CEO Ricky Spiro. “We are proud to offer ICHRA programs to NATDA members and provide a flexible option in managing benefits for their employees while maintaining compliance with the ACA.”
An ICHRA also offers employee flexibility and choice by allowing them to purchase the healthcare services and items they want, and they will be reimbursed up to the employer’s pre-selected allowance amount.
“Many of our dealer members are small business owners who struggle to find affordable healthcare coverage for their employees,” remarked NATDA Executive Director Andria Gibbon. “We are excited to be able to announce this additional option for them.”
For more information on NATDA’s partnership with the Hilb Group, NATDA members can visit natda.org/membership-benefits. To learn more about NATDA membership, visit https://www.natda.org/membership-information.
NATDA (North American Trailer Dealers Association) serves the light and medium-duty trailer industry by connecting dealers, manufacturers and suppliers through various beneficial and educational platforms. From printed publications like its bi-monthly magazine and annual buyer’s guide to the annual NATDA Trailer Show, NATDA’s promotional outlets result in abundant networking opportunities with high-quality, industry-specific contacts. Learn more at natda.org.
ABOUT HILB GROUP
The Hilb Group is a leading property and casualty and employee benefits insurance brokerage and advisory firm headquartered in Richmond, Virginia. Hilb Group is a portfolio company of The Carlyle Group, a global investment firm. Hilb Group seeks to grow through strategic acquisitions and by leveraging its resources and expertise to drive organic growth in its acquired agencies. The company has completed more than 125 acquisitions and now has over 100 offices in 22 states. Hilb Group is rated as one of the Fastest Growing Brokers by Business Insurance, a Top P/C Agency by Insurance Journal, and one of America’s Fastest Growing Private Companies in the Inc. 5000. For more information on Hilb Group’s growth as well as career opportunities, please visit our website at hilbgroup.com.