Excessive turnover is likely one of the greatest challenges going through the house well being business. Between workers shortages and fierce competitors from hospitals, nursing houses, and different healthcare employers, dwelling well being suppliers wrestle with each recruiting new staff and retaining present ones.
Providing a powerful advantages bundle is a method for dwelling well being firms to draw expertise. Nevertheless, group medical insurance is usually a poor match for dwelling well being businesses managing tight budgets and a mixture of full-time and part-time staff.
The Dwelling Well being HRA Report from Take Command presents well being reimbursement preparations (HRAs) as an answer for dwelling well being businesses. With HRAs for Dwelling Well being firms, employers set a hard and fast funds for healthcare advantages, and staff obtain an allowance to spend on high quality protection that meets their wants.
Let’s check out three key takeaways from the 2025 Dwelling Well being HRA Report:
1. HRAs help recruitment and retention
Sustaining a secure workforce permits dwelling well being firms to supply the constant, high quality care sufferers anticipate. It additionally helps companies keep away from the prices related to recruiting and coaching new workers members.
In keeping with the Dwelling Well being HRA Report, 23% of small dwelling well being firms turned to ICHRA to enhance retention.
With HRAs, caregivers have entry to the inexpensive protection they should prioritize their well being. With that help, staff are much less more likely to search for job alternatives elsewhere.
Group insurance coverage is a poor match when staff are distributed throughout places. It may be troublesome for workers exterior the first space to entry in-network care, leaving them feeling poorly served by their well being profit. Particular person protection HRAs supply better flexibility — staff can select their very own plan primarily based on healthcare suppliers of their native space. With a alternative on healthcare, staff throughout places get essentially the most out of their advantages.
Learn our information on boosting recruitment & retention for Dwelling Well being Corporations!
2. HRAs assist dwelling well being businesses get began with advantages
Each dwelling well being firm needs to care for its devoted staff. Nevertheless, excessive prices and strict participation necessities lock many small companies out of group plans earlier than they will even start.
HRAs are an inexpensive place to begin for firms providing advantages for the primary time.
In 2025, 35% of Take Command’s dwelling well being shoppers have been new to advantages.
With HRAs, you can begin providing aggressive advantages with out shouldering the monetary burden of group insurance coverage.
HRAs additionally scale back the executive complexity of providing well being advantages. Because the employer, you would not have to decide on, negotiate, or administer medical insurance to your staff. As a substitute, every member of your group outlets for and buys their very own insurance coverage on the person market. Small dwelling well being firms, even these with out devoted HR departments, can simply handle advantages with HRAs.
3. Corporations usually see 30% financial savings with ICHRA
For dwelling well being firms already providing advantages, HRAs function an off-ramp from costly group plans. The price of group insurance coverage is the principle cause massive firms flip to HRAs, in accordance with Take Command’s report.
Dwelling well being firms usually get caught in a cycle of accelerating renewal charges. Group insurance coverage premiums usually rise yr after yr, and only one excessive claimant can ship these prices spiraling. HRAs are a fixed-cost different — you management your healthcare spend and staff get the standard protection they deserve.
The common reimbursement fee for households on Take Command’s ICHRA platform is $5,503.84 lower than the common yearly premium for employer-sponsored household well being protection. These financial savings don’t compromise the standard of protection on supply — 65% of dwelling well being ICHRA plans are gold, silver, or platinum.
HRAs are serving to dwelling well being firms throughout america scale back their healthcare spend and enhance worker satisfaction. Learn the report in full to seek out out if HRAs are a match to your group.
