Calculate per-employee-class allowances and run ACA affordability tests in real time. No manual spreadsheets. Compliance built in.
Captive insurers using Bindbee cut allowance recalculation cycles from 3 weeks to hours by streaming real-time employee and dependent data instead of waiting for manual census uploads. Per-employee-class adjustments now propagate instantly across thousands of records.
ICHRA platforms send spreadsheets to TPAs asking for employee census, job classifications, and dependent status. The TPA manually matches employees to salary bands, applies coverage tier rules, calculates allowances, and tests ACA affordability. A single job reclification or dependent change requires recalculating hundreds of allowances. By the time the corrected allowance posts, months have passed and contributions are out of compliance.
Captive insurers using Bindbee cut allowance recalculation cycles from 3 weeks to hours by streaming real-time employee and dependent data instead of waiting for manual census uploads. Per-employee-class adjustments now propagate instantly across thousands of records.
The Bindbee team and platform have been terrific. The platform itself was easy to implement, their documentation is solid, it’s been reliable and the support team has always been helpful. We were able to take their platform and customize it to fit our needs where it feels mostly seamless.
Senior Product Manager
