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Thatch

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Company health

Employee growth
175% increase in the last year
Web traffic
39% decrease in the last quarter
Financing
June 2024 - $44M

Thatch description

Thatch is a health benefits platform designed for mid-sized companies. It simplifies benefit administration by letting companies set a budget for each employee's healthcare. Employees then choose their own health insurance, dental, vision, and other healthcare expenses within that budget using a Thatch Visa card. Thatch handles compliance and supports employees through an AI chatbot. It works with existing payroll providers and integrates with various insurance plans. This offers employees more personalized healthcare options while potentially reducing administrative overhead for the company.


Who is using Thatch?


Who is Thatch best for

Thatch is a health benefits platform that simplifies administration for mid-sized companies. It lets companies set a healthcare budget for each employee, empowering them to choose their own insurance and healthcare expenses using a Thatch Visa card. Thatch handles compliance, integrates with payroll, and offers AI-powered support. This modern approach offers personalized healthcare options while potentially reducing administrative overhead.

  • Ideal for mid-sized companies (100-1000 employees) seeking modern, flexible benefits.

  • Designed for companies across all industries seeking to offer personalized healthcare options.


Thatch features

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Thatch lets companies set a budget for each employee's healthcare expenses.

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Employees choose their health insurance, dental, vision, and other expenses within their set budget.

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Thatch provides a Visa card for healthcare expenses.

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Thatch works with existing payroll providers.

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Thatch offers support through an AI chatbot named ThatchBot.

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Thatch integrates with various insurance plans from top carriers.

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Thatch handles compliance.


Thatch pricing

See the Thatch pricing page.

Standard
$30 per user/month

Fully automated benefits administration, seamless payroll integration, automated HIPAA and compliance documentation, AI-Driven insights & enrollment support, autopayment of insurance premiums, Thatch debit card for healthcare purchases

Talk to Us
Custom

Everything in the Standard Plan plus: ACA compliance for large employers, plus COBRA, white glove implementation support, dedicated client success manager


Thatch alternatives

  • Logo of Paycom
    Paycom
    Streamlines HR and payroll, empowering employees through automation.
    Read more
  • Logo of Angle Health
    Angle Health
    Modern, customizable health insurance for tech-forward companies.
    Read more
  • Logo of Lively HSA
    Lively HSA
    Modern HSA management: transparent, simple, and user-friendly.
    Read more
  • Logo of ThrivePass
    ThrivePass
    Personalized employee benefits platform, simplifying administration and boosting engagement.
    Read more
  • Logo of Forma
    Forma
    Flexible benefits platform empowering employee choice and simplifying admin.
    Read more
  • Logo of Benepass
    Benepass
    Flexible employee benefits, easily managed and enjoyed.
    Read more

Thatch FAQ

  • What is Thatch and what does Thatch do?

    Thatch is a health benefits platform for mid-sized companies. It simplifies benefits administration with a defined budget for each employee's healthcare. Employees choose their own insurance and healthcare expenses using a Thatch Visa card, while Thatch manages compliance and provides AI-powered support.

  • How does Thatch integrate with other tools?

    Thatch integrates with existing payroll providers and offers a wide selection of insurance plans from major carriers. It also features an AI-powered chatbot, ThatchBot, to support employees with their healthcare needs.

  • What the main competitors of Thatch?

    Alternatives to Thatch include Take Command, offering reimbursements for individual health plans, and Mo.health, providing a membership plan with a prepaid Mastercard for healthcare expenses. Other competitors are ThrivePass, Strive, Nova Benefits, and Optum Health Care Advisor. These platforms offer various approaches to benefits administration and employee healthcare management.

  • Is Thatch legit?

    Thatch appears to be a legitimate health benefits platform. It offers a modern approach to healthcare benefits, allowing employees to personalize their healthcare spending within a defined budget. Thatch streamlines administration and integrates with existing payroll systems.

  • How much does Thatch cost?

    Thatch pricing starts at $30/month for the Standard plan for small businesses (1-49 employees). A custom plan is available for larger companies (50+ employees) but its pricing is not publicly disclosed. Contact Thatch for a custom quote.

  • Is Thatch customer service good?

    There is no information available about Thatch's customer service. However, Thatch offers AI-powered support through a chatbot, which may impact the customer service experience.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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