Fringe Benefit Group Announces The Contractors Plan ICHRA; Innovative New Program Solves Health Insurance Challenges for Service Contract Act Contractors

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AUSTIN, Texas–(BUSINESS WIRE)–Fringe Benefit Group, an industry leader in the design, implementation and administration of benefit plans for hourly and part-time workers, today announced The Contractors Plan ICHRA, a flexible, cost-effective, and compliant solution for Service Contract Act (SCA) and Davis-Bacon Act employers who face challenges in providing health benefits to their employees. By offering Individual Coverage Health Reimbursement Arrangements (ICHRA) as part of the fringe benefit package, prevailing wage contractors can fulfill their obligations while providing valuable health benefits to their employees. Employees can now choose their own individual health insurance plans based on their needs and not a one-size-fits-all group health plan.

Read the full Press Release here: https://www.businesswire.com/news/home/20230522005591/en/Fringe-Benefit-Group-Announces-The-Contractors-Plan-ICHRA-Innovative-New-Program-Solves-Health-Insurance-Challenges-for-Service-Contract-Act-Contractors