Your group plan renews every year with a different number. ICHRA gives you a fixed monthly cost and your employees a plan they actually chose. We'll connect you with a licensed Florida agent — free.
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Florida group plan renewals have averaged double-digit increases since 2022. You negotiate from zero leverage every cycle.
A group plan has one network. An employee in Broward and one in Orange County have completely different carrier access.
Under a group plan you absorb the cost of employees who waive coverage. ICHRA only pays when they actually use the allowance.
You define how much you contribute per employee — or per class (full-time, part-time, management). Fixed. Predictable.
With 10+ carriers in most FL counties, employees find plans that actually cover their doctors and their ZIP code.
Employees submit premium receipts. You reimburse up to the allowance, tax-free. Fully deductible for you.
ICHRA meets ACA requirements when structured correctly. IRS Notice 2019-45 governs. No group plan administration needed.
Can a Florida business with fewer than 10 employees use ICHRA?
Yes. ICHRA has no minimum employee count. A sole proprietor with one W-2 employee qualifies, as does a 500-person company. The only restriction is that you cannot offer ICHRA and a traditional group health plan to the same class of employees simultaneously.
Is Florida's ACA Marketplace competitive enough for ICHRA to work well?
Florida consistently ranks among the most competitive ACA Marketplace states. Miami, Orlando, Tampa, and Jacksonville all have 10+ carriers competing, which means employees have meaningful plan choices at a range of price points — a core requirement for ICHRA to deliver value.
How does ICHRA compare to a group health plan for a Florida employer?
A Florida group plan renews annually with a cost increase you cannot predict — small group renewals in Florida have averaged 12–22% in recent years. ICHRA is a fixed monthly allowance you set. Your cost is exactly what you decided, every month, regardless of what carriers do with their pricing.
Do Florida employees lose their Marketplace subsidies if their employer offers ICHRA?
It depends on the allowance amount. If the ICHRA meets the IRS affordability threshold (published annually), employees are not eligible for ACA subsidies. If the allowance falls below the affordability threshold, employees can choose between the ICHRA or waiving it to keep their subsidy eligibility. A licensed agent can help you set the allowance amount correctly.