A YourWay Frontier Manufacturing Case Study

Located in Buffalo, NY, OneBridge Benefits was approached by a manufacturing company in need of a new, more controllable benefits model.

Step One

Sitting with the employer, we identified the following problems specific to their situation.

1

Lack of Choice

The single plan offered (BCBS Silver Plan) did not fit the needs of the entire employee population.
2

Overpriced Group Plan

The group plan was 11% more expensive than comparable plans available on the individual marketplace.
3

Administrative Burden

On top of day-to-day responsibilities, the HR team was answering employee questions about benefits, managing qualifying life events, and delivering the bad news when annual price hikes came out. Plus, with a high employee turnover rate, COBRA administration was piling up.

Problems Identified

When no two employees are in the same location or the same position in life, YourWay Frontier ICHRA ensures they all receive the same thing—tailor-fit coverage. As an employer, you get to enjoy the benefits of a healthy team, less administration, and a competitive benefits package that helps your business grow.

Alex, 27 — Account Manager

  • Worked at a competitor but left due to a lackluster benefits package.
  • Single, healthy, and responsible for her own health insurance for the first time.
  • Using the $1,000 contributed by her new employer, Alex chooses a bronze plan with a monthly premium of $500 from the marketplace.
  • Alex pockets the $500 difference and saves $6,000 over her first year of employment, knowing that she can use those funds for health-related expenses at any point in the future.

Jake, 32 — IT

  • Jake’s wife is expecting her first child. So, he uses his Frontier funds to level-up to a gold plan—a higher premium, lower deductible. 
  • Jake only has to cover the $250 difference to ensure that he, his wife, and their newest addition to the family are well-covered for the year ahead.
  • For other out-of-pocket expenses not covered by insurance, Jake can use past unused Frontier funds for qualified health-related costs.

Noah, 59 — Sales

  • Noah is a full-time remote employee who travels often. 
  • With the YourWay Frontier ICHRA, Noah’s employer can sleep well at night, knowing he can select a plan that has out-of-network coverage for when he’s on the road.
  • Noah simply uses his employer’s contribution and obtains a PPO plan that can be used state- and nation-wide.

Mia, 65 — HR

  • Mia is the longest tenured employee and is now preparing for her well-deserved retirement.
  • Fit and active, she has been enrolled in the least costly silver plan (via Frontier) for the last 15 years. 
  • Pocketing her unused Frontier ICHRA funds along the way, Mia has accrued over $72,000 in pre-tax savings, which she plans on using against her upcoming Medicare costs as well as out-of-pocket expenses such as vaccines, hearing aids, contact lenses, and more!

The premier, employer-sponsored ICHRA.

Team members like these aren’t the only ones who can experience the boundless benefits of the YourWay Frontier ICHRA. employer can switch from a traditional group platinum plan and paying 100% of all employee premiums, to contributing that same cost into individual coverage HRAs. Employees then use these contributions and chose the individual healthcare coverage that best fit their needs. OneBridge handles everything else, including enrollment, onboarding, and helping employees navigate the individual marketplace through our Benefits WayFinder platform.

YourWay Frontier Results:

  • This employer no longer worries about annual rate increases. 
  • COBRA management is virtually non-existent. 
  • No need for annual reporting, year after year. 
  • More efficiencies within the HR department (even with Mia headed for retirement).
  • A more competitive and attractive benefit package to retain talent and grow. 
  • Happier, healthier employees!

What are the steps to onboarding YourWay Frontier?

Learn more about onboarding a YourWay Frontier ICHRA by filling out the form below!

1

Schedule a meeting to see if our solution is right for you.

First, we'll walk you through the platform and introduce you to our team. As long as there are at least 60 days between then and your desired plan start date, we'll move to the next step.
2

Design your plan.

After confirmation of moving forward, we'll discuss class and contribution options and finalize your Plan Design.
3

Engage OneBridge and formally adopt the plan.

At this stage, you'll approve and sign all required agreements, including an Administrative Services Agreement, HIPAA Business Associate Agreement, Plan Adoption Agreement, and Plan Sponsor Trust Agreement.
4

Launch!

With the help of our white-glove enrollment team, we'll onboard your participants and get them set up with Frontier!

Explore YourWayFrontier and control your benefit costs.

If you’re an employer looking for a way out of annual plan price hikes, the restraints of experience ratings, and a competitive edge when it comes to teambuilding, you’re in the right place. Start offering health benefits the best way possible—YourWay.

Schedule a Meeting

Health Benefits to Fit Employees’ Needs and Employers’ Budgets

YourWay Frontier is the premier, turn-key ICHRA solution with seamless enrollment and tailor-fit coverage.

We Handle Enrollment

Onboarding Made Easy

An unparalleled and seamless enrollment experience.

As the country’s largest VEBA administrator, OneBridge Benefits has excellent technology and extraordinary service. Our white-glove enrollment team oversees every phase of the process—from your introductory meeting and custom plan design to seamless onboarding and ongoing customer support.

  • One-on-one meeting availability for all employees—virtual and in-person.
  • Supported by an onboarding team with decades of experience.
  • Tailor-fit coverage selection support.
  • Intuitive, browser-based account management system.
  • Post-enrollment support (via our friendly call center) when questions and needs arise.

Our enrollment team averages a 9 out of 10 in post-enrollment satisfaction reviews, and strives to make sure every onboarding is seamless.

The YourWay Frontier ICHRA is built for your business.

Backed by our first-of-its-kind administration platform, as well as HRA and FSA plan design expertise, OneBridge Benefits powers the YourWay Frontier ICHRA, handling everything from initial cost analysis and compliance to ongoing management and regulatory reporting. As a trusted benefit administrator currently servicing over 210,000 participants with $2B+ in health account savings across the country, OneBridge is the experienced partner more employers and their brokers rely on for simple solutions to the most complex health benefit issues.

Benefit Portability

Any unused YourWay Frontier funds are portable and can be used for future health expenses—providing a lifelong healthcare benefit.

Section 125 & POP Integration

Employers determine contribution amounts. OneBridge handles the rest, including Premium Only Plan contributions to provide income and payroll tax savings.

Online Portal & Mobile App

The YourWay Frontier ICHRA comes with the industry’s first and only technology solution that supports recordkeeping and reconciliation for employers, and allows employees to receive real-time claims statuses, view balances, and more!

Integrated Debit Card

YourWay Frontier participants receive a debit card to conveniently pay for premiums and other qualifying medical expenses.

Stackable FSA

OneBridge allows businesses to bundle more benefits by stacking a Flexible Spending Account (FSA) on top of the YourWay Frontier ICHRA plan, thereby increasing tax savings.

Personalized Support

In addition to single login access to our proprietary technology platform, receive personalized service from our experienced OneBridge customer care team members.

What are the steps to onboarding YourWay Frontier?

Learn more about onboarding a YourWay Frontier ICHRA by filling out the form below!

1

Schedule a meeting to see if YourWay Frontier is right for you.

First, we'll walk you through the platform and introduce you to our team. As long as there are at least 60 days between then and your desired plan start date, we'll move to the next step.
2

Design your plan.

After confirmation of moving forward, we'll discuss class and contribution options and finalize your Plan Design.
3

Sign all required agreements.

To formally adopt the plan, you’ll approve and sign all required documents, , including an Administrative Services Agreement, HIPAA Business Associate Agreement, and Plan Adoption Agreement, and Plan Sponsor Trust Agreement.
4

Launch!

With the help of our white-glove enrollment team, we'll onboard your participants and get them set up with Frontier!

What’s an ICHRA?

ICHRA is short for an Individual Coverage Health Reimbursement Arrangement. This health benefit vehicle allows employers to free themselves of experience-rated group health plans and gain more control over their health benefit spend. Through an administrator like OneBridge Benefits, employers use the YourWay Frontier ICHRA to contribute pre-tax funds into employees’ Frontier accounts, which employees then use to purchase healthcare coverage on the individual market. But the benefits don’t stop there.

How is Frontier different, and what makes it revolutionary?

Every day makes it more apparent—savings is the new compensation. Instead of promising access to an insurance plan that not all employees value in the same way, the YourWay Frontier ICHRA allows employers to contribute actual pre-tax funds that can grow and be used in perpetuity until exhausted, serving as an additional retirement benefit for employees.

Is the YourWay Frontier ICHRA right for your organization?

Is YourWay Frontier an ICHRA?

Yes, YourWay Frontier is an Individual Coverage Health Reimbursement Arrangement (ICHRA). However, YourWay Frontier is a Funded ICHRA, meaning that there is never any reimbursement to file for related to insurance expenses. All YourWay Frontier participants receive payment before their health insurance expense comes due.

How is YourWay Frontier different from other standard ICHRAs?

Typically, ICHRAs are notional—meaning employees do not retain unused funds. YourWay Frontier accounts, however, are Funded ICHRAs—meaning employees do retain unused funds. These funds can then be used for health expenses throughout an employee’s life.

In addition, YourWay Frontier is powered by OneBridge Benefits, which developed the industry’s first and only technology solution that supports recordkeeping and reconciliation for employers, and allows employees to receive real-time claims, balance updates, and more!

What types of businesses are the YourWay Frontier ICHRA designed for?

YourWay Frontier is designed to help any business—big or small—gain greater control over the rising costs of healthcare. More specifically, the YourWay Frontier ICHRA is a great fit for healthcare, transportation, and technology companies with 50+ employees.

How does YourWay Frontier help with multi-state or remote workforces?

With the YourWay Frontier ICHRA, each employee purchases a health insurance plan that’s tailored to their geography, with top provider networks. So, if your company is headquartered in New York but you have team members in Texas, YourWay Frontier allows your Texas team members to buy Texas-based health coverage with a Texas network of service providers.

How can YourWay Frontier help me save time on COBRA administration?

With employees owning their own health insurance plans, there is no coverage loss in the event an employee leaves. OneBridge handles all required COBRA notifications and processes for you, but your employees won’t need to elect COBRA to maintain their coverage.

Am I able to onboard the YourWay Frontier ICHRA if I already offer a group health plan?

Yes! The YourWay Frontier ICHRA can be offered as a standalone plan or seamlessly integrated into your existing health benefit offering alongside the traditional group health plan your employees already participate in.

Will my employees like this?

No, your employees are going to love this. Our average post-enrollment satisfaction score is 9/10. Frequent comments include, “This is so easy,” “I love it,” and “I finally have control over my insurance!”

Explore YourWayFrontier and control your benefit costs.

If you’re an employer looking for a way out of annual plan price hikes, the restraints of experience ratings, and a competitive edge when it comes to teambuilding, you’re in the right place. Start offering health benefits the best way possible—YourWay.

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