Thatch vs. Group Plans: What's best for your business?
Exploring health benefit options for your business? Learn how Thatch compares to group health plans.
What is Thatch
Thatch allows your employees to pick their own health insurance plan using a set monthly tax-free allowance that you determine. These funds can be used to cover insurance premiums, including dental and vision, as well as qualified medical expenses.
$710.00
Todd James
Software Engineer
750
- United Gold PPO$450
- Prescriptions$200
- Function Health Labs$100
Jane Diaz
Account Executive
750
- BCBS Silver HMO$500
- Prenuvo MRI$150
- Carrot Fertility$100
Ming Hu
Account Executive
750
- Oscar Silver Classic$400
- Therapy Copays$200
- Labcorp Diagnostics$150
Emma Green
Data Analyst
475
- Cigna Bronze HSA$300
- Vision Checkup$100
- Gym Membership$75
Liam Clark
Product Manager
750
- Aetna Gold PPO$350
- Physical Therapy$300
- Nutritionist Session$100
Brent Martin
UX Designer
750
- Kaiser Permanente HMO$400
- BetterHelp Membership$250
- Yoga Classes$100
Todd James
Software Engineer
750
- United Gold PPO$450
- Prescriptions$200
- Function Health Labs$100
Jane Diaz
Account Executive
750
- BCBS Silver HMO$500
- Prenuvo MRI$150
- Carrot Fertility$100
Ming Hu
Account Executive
750
- Oscar Silver Classic$400
- Therapy Copays$200
- Labcorp Diagnostics$150
Emma Green
Data Analyst
475
- Cigna Bronze HSA$300
- Vision Checkup$100
- Gym Membership$75
Liam Clark
Product Manager
750
- Aetna Gold PPO$350
- Physical Therapy$300
- Nutritionist Session$100
Brent Martin
UX Designer
750
- Kaiser Permanente HMO$400
- BetterHelp Membership$250
- Yoga Classes$100
Thatch vs group plans
Traditional group plans are costly, rigid, and hard to manage. With Thatch, you set the budget, give employees choice, and eliminate the insurance admin from your to-do list. It's health benefits upgraded for today's teams and budgets.
| Thatch | Group Plans | |
|---|---|---|
Cost Control Set a defined budget for each employee to avoid annual rate hikes | ||
Ease of Administration Shift administrative burden to the individual insurance companies | ||
Participation Flexibility Avoid minimum participation requirements | ||
Customization Employees can select a plan that aligns with their specific healthcare needs | ||
Employee Empowerment Employees can use leftover funds for other healthcare expenses |
Built for companies of all shapes and sizes
Thousands of businesses, from startups to enterprises, trust Thatch to give great health benefits to their teams.
Thatch was built to provide the best employee benefits
Dive into the Thatch platform now and unlock a world of personalized coverage, streamlined processes, and hassle-free management.
We built Thatch with our users in mind. Get up and running quickly with pre-built integrations for seamless onboarding.
Get rid of time-consuming workflows and manual data entry. Thatch connects with payroll, email, and payments.
Our team of registered insurance pros is here to answer any questions along the way and ensure that your employees pick the right plans.
We take care of premium payments and keep everything transparent through monthly audit reports.
Affordable benefits for businesses of any size
$45 / enrolled employee / month (for 1-49 eligible employees)
Custom pricing for 50+ eligible employees
| Responsibility taken by the individual health insurance market plan | |
| Personalized health plan choices nationwide | |
| Easy and flexible health plan design | |
| Control over annual health insurance premium increases | |
| No minimum for participation | |
| Simple compliance: 1095, COBRA, and PCORI filing |
World-class customer support
We publish real-time customer support metrics because we believe in transparency and accountability.
See what it's like to love your benefits!
Success stories
Thatch has helped companies of all shapes and sizes bring great health benefits to their teams
Supporting employees the same way we support our clients
"Employee participation nearly doubled, while costs remained flat (+1.36%)." — Cathy Kenworthy, CEO
Flexible benefits that reflect a flexible workforce
"Switching to Thatch was a major shift, but it was absolutely worth it." — Michele Grant, Founder
Benefits admin overhead cut while expanding coverage options
"Switching to Thatch has reduced the time our operations person spends on healthcare admin work by over 92% each month—time we can now use to invest in improving our core products and services."
Future-ready benefits for companies building what’s next
"Candidates get excited when we talk about Thatch." — David Nunez, Co-founder
Offering Thatch is smarter and more predictable for us
"Transitioning gave us exactly what we needed: predictability, flexibility, and a better employee experience." — David Duncan, Administrative Director
Let's chat about Thatch vs Group Plans
We're here to help. Thatch makes it easy to offer health benefits to your team with an ICHRA.