Medicare with Thatch

Thatch offers an Individual Coverage Health Reimbursement ArrangementIndividual Coverage Health Reimbursement Arrangement An employer-funded arrangement that reimburses employees tax-free for individual health insurance premiums and qualified medical expenses, instead of the employer offering a group health plan. Also called a CHOICE Arrangement. (ICHRA)—a healthcare allowanceallowance The amount an employer makes available to help employees pay for coverage or eligible expenses. usable for Medicare premiumspremium The monthly amount paid to maintain health insurance coverage, regardless of whether any services are used that month. (Parts A, B, C, D) and qualifying medical expenses (QME).

This guide applies to members who are 65 or older, turning 65 within three months, qualifying due to a disability, or have household members meeting these criteria.

Medicare plans eligible for Thatch

To use your Thatch allowanceallowance The amount an employer makes available to help employees pay for coverage or eligible expenses., you must be enrolled in one of these options:

1. Medicare Parts A and B together
2. Medicare Part C (Medicare Advantage) alone

If you have options 1 or options 2, you can also use your allowanceallowance The amount an employer makes available to help employees pay for coverage or eligible expenses. for Part D (prescription drug coverage) and Medigap supplemental coverage.

Enrollment steps

How you use Medicare with Thatch depends upon your current Medicare enrollment status, if any.

Already enrolled in Medicare

1. Complete the Medicare Enrollment form (one-time submission).
2. Complete benefits onboarding in Thatch.
3. Use your Thatch card for recurring payments or submit reimbursement requests.

Need help enrolling

1. Schedule time with a licensed agent after your Parts A and B activate.
2. Complete benefits onboarding in Thatch.
3. Use your Thatch card for recurring payments or submit reimbursement requests.

Want to self-enroll

1. Visit medicare.gov to review and enroll in available plans.
2. Complete the Medicare Enrollment form.
3. Complete benefits onboarding in Thatch.

Pay Medicare premiumspremium The monthly amount paid to maintain health insurance coverage, regardless of whether any services are used that month.

To pay the Medicare premiumspremium The monthly amount paid to maintain health insurance coverage, regardless of whether any services are used that month., set up Medicare EasyPay and automatic payments with your Thatch card, scheduling payments for the 1st or 2nd of the month when your allowanceallowance The amount an employer makes available to help employees pay for coverage or eligible expenses. loads. Medicare EasyPay converts quarterly payments to monthly billing (allow 6–8 weeks for the adjustment). You can set this up at medicare.gov.

You can also pay your premiumspremium The monthly amount paid to maintain health insurance coverage, regardless of whether any services are used that month. using your bank account or credit card, then submit reimbursement requests through your Thatch dashboard. Reimbursements typically process within 10–12 business days, with funds sent to your connected bank account.

Dental and vision coverage

If your employer offers it, Medicare-eligible members may enroll in individual dental and vision plans through Thatch. To do so:

1. Sign up using your Thatch invitation email.
2. Add your information and review your allowanceallowance The amount an employer makes available to help employees pay for coverage or eligible expenses..
3. Schedule a Medicare broker meeting or confirm your current plan.
4. Complete onboarding.
5. Select dental and/or vision plans.

Need help?

When you onboard to Thatch, you can use the Ask Thatch tool for help or to set up a call with licensed advisors.