How much does StretchDollar cost for my business?
StretchDollar is priced to be simple and affordable for small businesses. There are two parts to your monthly cost: a flat platform fee, plus a small fee for each employee enrolled in a plan.
What do I pay?
- $100/month platform fee (flat, no matter how many employees you have)
- $25/month per employee for each employee enrolled in a plan, including employees who take a marketplace subsidy with our help
For example, if you have 2 employees enrolled in a plan, your total cost is $150/month.
Do I pay for employees who don't enroll?
You pay the per-employee fee for each employee enrolled in a plan. That includes employees who take a marketplace subsidy with our help, even though they don't use your ICHRA allowance. Other employees who don't enroll don't add to your bill.
Are there any setup fees?
No. There are no implementation fees or onboarding charges to get started.
What if I want to cancel?
There's no cancellation fee. StretchDollar has no long-term commitments, so you can cancel anytime.
What's included in the platform fee?
Your $100/month platform fee covers:
- Employer admin portal
- Employee portal
- ICHRA administration
- Compliance support
- Reimbursement management
- Employee enrollment assistance
- Customer support
- Reporting and account management
Why is StretchDollar more affordable than a traditional group plan?
With ICHRA, your employees shop for their own individual health plans on the marketplace, which are often 20% cheaper than small group plans in major metro areas. You set a fixed monthly budget (which is tax-free), and your employees choose the plan that fits them best — instead of you picking one plan for the whole team.
Still have questions?
We're happy to walk you through it — contact us anytime.