What is a Benchmark Plan (Recommended Plan)?

A benchmark plan calculates your monthly contribution (Wage+ dollars or ICHRA+ reimbursement). Your monthly contribution is determined based on the cost of this specific plan for you and your family (if applicable), regardless of whether you choose the benchmark plan.

Do I Have to Choose the Benchmark Plan?

No, you're not required to select the benchmark plan. The benchmark plan helps your employer decide how to increase your taxable wages. You can use those additional funds however you wish—they're not restricted to health insurance costs.


Note: The monthly contribution from your employer is meant to help offset the cost of your insurance.

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