Why choose Plata Pay™
for insurance premiums?
Plata Pay™ offers employers the ability to easily pay, and manage, insurance premiums for clients and employees receiving Individual Coverage Health Reimbursement Arrangement (ICHRA) payments. The Plata Pay™ premiums solution makes it simple to fund, verify, execute payments and review reports.
It is benefits, simplified.
Manage ICHRA plans on behalf of the employees
Enable employees to make timely insurance payments
Implement with the help of white-glove support
It is good for your employees.
Guarantee your employee makes their insurance premium payment on time. Plata Pay™ gives employers a fool-proof solution for employees to maintain their insurance coverage by removing the employee touchpoints, which often result in errors.
A better solution for reporting.
Verify employee insurance premiums are paid
Match receipts from carriers to insured individuals
Discover mis-payments, errors and omissions quickly
Don't take our word for it.
Since insurers are extremely limited in how they can collect insurance premiums, Plata Pay’s ICHRA premium payments platform has been invaluable for us. Now we have certainty that each employee’s premiums are paid because we control the funding of the accounts, while the carriers control the collection of those premiums.
Plus, we get reporting that verifies all the accounts we fund or paid up and that the collections have been made. Then we just repeat the process each month.
Deploying ICHRA is simple.
We will walk you through the implementation of offering your employees the insurance they want, while you manage the process the way you want.