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.
Strong HRIS connector coverage with a consistent API experience. Clean and intuitive developer experience. Excellent visibility into API activities and data movement. Faster implementation timelines versus traditional middleware approaches. Modern architecture without excessive enterprise overhead.
Platform Product Manager, Middleware, ThrivePass
