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Enterprise Layer Intelligence
Categories/HR & Recruiting/Thatch
Thatch

Thatch

Founded by Chris Ellis & Adam Stevenson in 2021

Provide employees with personalized health budgets to choose their own insurance plans

Pricing model

Paid

Rating

★ People love it

Time to value

Quick Setup (< 1 hour)

You can use Thatch to manage employee healthcare using Individual Coverage Health Reimbursement Arrangements. Instead of choosing a single group plan, employers set a monthly health budget for each team member based on location, age, and family status. Employees then browse top health insurance carriers to pick the exact coverage that includes their preferred doctors and prescriptions. Any leftover budget is loaded onto a Thatch debit card, allowing staff to spend on out-of-pocket costs like therapy, prescriptions, fertility care, and wellness services without filing reimbursement forms.

What Thatch does

Define monthly employer healthcare contribution limits for staffCompare individual health plans across major insurance carriersFilter insurance plans by specific doctors, hospitals, or medicationsDistribute remaining healthcare funds onto employee debit cardsAccess discounted partner rates for mental health and fertility servicesConsult licensed advisors for guided plan selection supportTrack real-time enrollment completion across company departmentsCustomizable health budgets based on employee age, location, and dependentsIndividual health insurance marketplace filtered by specific doctors and prescriptionsThatch Card preloaded with remaining budget for out-of-pocket medical expensesThatch Market offering pre-negotiated rates across specialty health and wellness partnersDirect customer support and licensed advisors to assist employees during enrollmentPredictable company healthcare spending without unexpected yearly renewal hikesDirect payment capability without requiring manual employee reimbursement paperwork

Pricing breakdown

Pricing model: Paid

PlanList price
Standard$230 / mo

Frequently asked

Various payroll providers, All insurance plans

Used by

Ben Lang

Ben Lang

CEO @ NextPlay

In their stack
Connect
Martin Miller

Martin Miller

CTO @ FastCTO

In their stack

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Thatch, health benefits, ICHRA, health reimbursement arrangement, employee health insurance, health budget, Thatch Card, health plan enrollment, benefits administration, employee healthcare, group health alternatives, wellness benefits, medical coverage, health market, pre-tax health stipend