Gallagher vs Mylo Employee Health Benefits

Gallagher Small Business advises employers on setting up an Individual Coverage Health Reimbursement Arrangement (ICHRA) and provides one-on-one consulting to employees shopping the individual health insurance marketplace; Gallagher does not issue health coverage itself under this offering. ⁶Company-reported. Small-business alternative health insurance and ICHRA product page.

Mylo brokers small-group employee benefits by comparing quotes and helping employers assemble a plan, rather than underwriting the benefits itself. ⁹Company-reported. Small group benefits product page.

The ICHRA page does not name a specific health insurer or marketplace plan; ICHRA lets employees choose their own individual-market plan rather than one plan selected by Gallagher. ⁶Not publicly disclosed. Checked the small-business ICHRA product page on 2026-09-23.

The small group benefits product page does not name the insurer or carrier network that would issue a given employer's plans. ⁹Not publicly disclosed. Checked the small group benefits product page on 2026-09-23.

Gallagher says ICHRA has no minimum participation requirement and can be customized by employee class (for example full-time, part-time or remote), unlike a group health plan that often requires a minimum enrollment percentage. ⁶Company-reported. Product page comparison table.

Mylo markets this offering to employers with 2 to 99 employees. ⁹Company-reported. Small group benefits product page.

Mylo suggests employers who cannot yet afford group health insurance can start a benefits program with life and disability or dental and vision coverage instead. ⁹Company-reported. Small group benefits product page FAQ "Employee benefits? How can I afford them?" section.

Gallagher describes ICHRA as letting an employer set a fixed monthly reimbursement allowance while employees choose and buy their own individual health plan, contrasted against a traditional group health plan where the employer selects one or a few plans for everyone. ⁶Company-reported. Product page comparison table; a structural description of ICHRA, not a specific plan's terms.

Gallagher says employer ICHRA contributions are tax-deductible and reimbursements are tax-free for employees, and that a properly designed ICHRA can meet the ACA employer mandate. ⁶Company-reported. Product page comparison table.

Mylo lists health, dental and vision, life and disability, and accident and critical-illness coverage among the benefit categories it can package for a small employer. ⁹Company-reported. Small group benefits product page; specific plan options depend on the carrier and employer's selection.

Mylo says an employer with a healthier workforce may be able to lower health insurance costs with an underwritten health plan, and separately notes that Health Savings Accounts (HSAs) can save money for both employer and employee. ⁹Company-reported. Small group benefits product page FAQ.

The ICHRA page does not publish a recommended or typical monthly allowance amount; it says the allowance is fixed by the employer. ⁶Not publicly disclosed. Checked the small-business ICHRA product page on 2026-09-23.

Not described in the reviewed sources.

Gallagher says its team keeps employers compliant with state and federal ICHRA regulations and reduces the administrative time a business spends evaluating, managing and selecting a health plan compared with a group plan. ⁶Company-reported. Product page "ICHRA benefits for employers" section.

Mylo says employees can enroll online or by phone, employers get a year-round HR portal to manage benefits, and a licensed benefits advisor is available to help. ⁹Company-reported. Small group benefits product page.

Gallagher routes interested employers to a Connect With An Advisor form asking for company details, contact information and state. ⁶Company-reported. Product page inquiry form, inspected without submission.

Not described in the reviewed sources.