“Can a SaaS platform become the dominant operating layer for employer-sponsored ICHRA health benefits by embedding automated premium payments and deep payroll connectivity?”
Remodel Health was built as a SaaS platform to help employers and brokers transition from traditional group health plans to Individual Coverage Health Reimbursement Arrangements (ICHRAs). It has grown into the largest ICHRA administrator in the US, handling plan selection, enrollment, and automated premium payments for 100,000+ members. The company has layered in deep payroll connectivity (via Finch and direct integrations with Paylocity and others) as a key sales and retention differentiator, making payroll data sync a core part of its embedded finance story. With $100M+ in growth funding, it is expanding its tech platform to further automate health benefit administration at scale.
Remodel Health discloses Bangor Savings Bank as its banking provider, according to the Embedded Finance Index 2026.
Remodel Health does not disclose a bank charter of its own; its banking services are provided through Bangor Savings Bank.
Remodel Health's payroll is powered by Finch.
The Embedded Finance Index 2026 maps 3 layers in Remodel Health's stack: Banking / BaaS (Bangor Savings Bank); Payroll (Finch); Unified APIs (Finch).
Remodel Health is headquartered in Indianapolis, Indiana, United States.
Remodel Health has raised $100M+ in total (latest round: Growth, 2024-2025).
Get a read on where your own stack stands against Remodel Health and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.