HealthSherpa Launches Industry's First ICHRA Policy Status API
New API gives ICHRA platforms visibility into ACA policy status, improving compliance, reducing risk, and enabling scale
As Individual Coverage HRAs (ICHRAs) continue to gain traction among employers, ICHRA platforms face growing operational and compliance complexity. A persistent challenge: tracking whether an individual policy has been effectuated, cancelled, or terminated — especially across fragmented exchanges and carrier networks.
HealthSherpa's new Policy Status API solves this by giving ICHRA platforms programmatic updates on a member's policy status. With this capability, platforms can:
- Confirm enrollments automatically, without logging into broker portals
- Detect cancellations and terminations before they create compliance risk
- Eliminate the need for monthly employee attestations
"This API is a game-changer, allowing us to scale more efficiently, keep our clients compliant, and create better employee experiences," said
This release expands the growing ICHRA: Powered by HealthSherpa API library, which helps carriers and platforms seamlessly integrate and scale ICHRA offerings through a single, unified infrastructure.
"Tracking policy status has been a manual and error-prone process for too long," said
The Policy Status API is available now at no cost to all ICHRA platforms.
About HealthSherpa
HealthSherpa is the largest and fastest-growing individual health coverage exchange in
To learn more about how Policy API can benefit you, reach out at [email protected].
Press Contact:
[email protected]
www.healthsherpa.com
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SOURCE HealthSherpa
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