Administer ICHRA stipends effortlessly – empower employees with better personal health plans.
Small business owners and employees pay prohibitively high premiums for health insurance with inferior coverage compared to corporate plans.
StipendShield simplifies ICHRA (Individual Coverage HRA) setup, letting small businesses offer tax-free stipends for employees to buy superior individual plans, bypassing group insurance pitfalls. The platform handles allocation, reimbursements, attestations, and compliance. Owners save on premiums while staff access richer coverage via marketplaces.
Small business owners (under 50 employees) and their full-time staff
All-in-one ICHRA admin with auto-attestations and reimbursement automation, focused solely on stipend model for simplicity.
friendly
Configure monthly stipends per employee tier.
Self-attest coverage and submit reimbursements.
Auto-approve and pay via ACH/Stripe.
Track attestations, IRS forms, and audits.
Sync stipends with payroll exports.
Predict annual stipend costs.
Reminders for attestations/deadlines.
CSV/PDF for accountants.
Manage multiple clients.
| Column | Type | Nullable |
|---|---|---|
| id | uuid | No |
| text | No | |
| user_type | text | No |
| created_at | timestamp | No |
Relationships:
| Column | Type | Nullable |
|---|---|---|
| id | uuid | No |
| owner_id | uuid | No |
| name | text | No |
| stipend_tier_config | text | No |
Relationships:
| Column | Type | Nullable |
|---|---|---|
| id | uuid | No |
| business_id | uuid | No |
| employee_id | uuid | No |
| monthly_amount | int | No |
| balance | int | No |
Relationships:
| Column | Type | Nullable |
|---|---|---|
| id | uuid | No |
| stipend_id | uuid | No |
| amount | int | No |
| status | text | No |
| attested | bool | No |
/api/stipends/setupConfigure business stipends
/api/reimbursementsSubmit new reimbursement
/api/dashboard/complianceFetch compliance status
/api/stipends/balance/:idGet stipend balance
/api/payroll/exportDownload payroll CSV
Manual approvals
| Month | Users | Conversion | MRR | ARR |
|---|---|---|---|---|
| Month 1 | 120 | 2.5% | $60 | $720 |
| Month 6 | 900 | 6% | $1,080 | $12,960 |
Low-cost admin for tax-free reimbursements – superior plans, zero hassle.
Target ICHRA-curious owners via LinkedIn searches for 'small business ICHRA'. Offer free setup webinars to 3 groups. Cold email from Hunter.io lists of 20-50 ee firms.
Full ICHRA
Complex pricing
Flat $20, simpler UI
Scale
Not SMB-friendly
Solo-dev speed, affordability
Compliance data moat; sticky due to IRS filings.
ICHRA rules stabilized in 2023, adoption surging amid group plan hikes.
ICHRA reg changes
Modular design, monitor DOL
Payment failures
Stripe reliability + retries
Low ICHRA awareness
Educational content/landing
Success: 50% of 50 polled would use
Success: 80% retention
Success: 10 Pro upgrades
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