Remodel Health, an ICHRA provider, has secured over $100 million in funding. Based in Indianapolis, the company offers employers and employees assistance with ICHRA plans, allowing employers to give tax-free money to employees for healthcare services. Remodel Health provides plan creation, administration, customer support, and more. The funding from Oak HC/FT and Hercules Capital will support the company’s expansion, platform improvements, and partnerships with brokers. ICHRA adoption is on the rise, with Remodel Health distinguishing itself through personalized customer service. Other companies in the ICHRA market include StretchDollar and Gravie.
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