How do I purchase a dental and vision plan?

Purchase a dental or vision plan

The employee can shop and enroll in a qualified dental or vision plan on the open market. (Through the state or federal Marketplace, a private insurance website) These plans must be insurance policies- not discount programs or membership plans.

Pay the Premium Out-of-Pocket

The employee pays the monthly premium for the dental or vision plan themselves. 

Please note that ICHRA is a reimbursement, not a prepayment. The employee must pay upfront and is reimbursed after submitting proof.

Submit a Reimbursement Request

To get reimbursed, the employee submits documentation through the StretchDollar site. 

Required Documentation

• A proof coverage (such as a policy or welcome letter)
• A receipt or invoice showing
  • The premium amount
  • The date of payment
  • The insurer’s name 

Received Reimbursement

Once approved, the employee receives tax-free reimbursement for the eligible premium., Reimbursements are typically paid through direct deposit. 

Yay, you’re enrolled! 

If you have any questions or need any assistance please feel free to email brokers@stretchdollar.com.