In a competitive market where ICHRA is gaining market share TASB has been wise to partner with an ICHRA vendor as a preemptive move based on “If you can’t beat them join them.”
The TASB Benefit Cooperative in partnership with selected vendors sells health insurance to employees of Texas public school districts. Insurance brokerage provides an important revenue source for the Texas Association of School Boards (TASB).
“The TASB Benefits Cooperative team draws on the broad experience of professional providers and associations to uncover cost savings and improve your experience, so we can ensure that the products and services we provide are responsive, efficient, and expertly run.”
Insurance products include group medical insurance and voluntary benefits. One of TASB’s selected vendors is a company that sells and manages ICHRA plans as well as other offerings.
While not known for pushing ICHRA as an alternative to traditional group health plan offerings, TASB has partnered with Gravie , an ICHRA administrator.
In a competitive market where ICHRA is gaining market share TASB has been wise to partner with an ICHRA vendor as a preemptive move based on “If you can’t beat them join them.”
To our knowledge TASB has not had to pull the ICHRA trigger yet. To do so would adversely affect commissions earned by the association through their brokerage partnerships. But we suspect that will change very soon.
