How do renewals work?

All individual Marketplace plans run on a calendar-year basis, so ICHRA coverage resets with a January 1 start date each year.

Renewals begin in September. At that time, we’ll reach out to confirm whether Admins would like to make any updates—such as adjusting contribution amounts or changing the waiting period.

If no changes are submitted, the ICHRA policy is automatically renewed with the current plan details.

To ensure a smooth experience for employees, we aim to finalize any policy updates for the next year by early November.

Employee open enrollment typically runs from November 1 through January 15 in most states. Employees must enroll by December 15 for January 1 coverage. This is the time employees review and either renew or select their health plans.

When employees start their renewal in StretchDollar, the first step asks them to confirm their information, including their home address. If they've moved, they can update it there so the plans they see for the new year match where they live.