Compare/Head to head

PeopleKeep vs Thatch

Same facts, side by side: starting price, free tier, MCP, API and what each one is actually built for.

Starting price

PeopleKeep

$12/employee/mo

PeopleKeep is Remodel Health's HRA administration product. Group coverage HRA (GCHRA) is $12 per employee per month plus a $30 company base fee. QSEHRA and ICHRA start at $25 per employee per month plus a $50 base. A three-seat minimum applies on every plan.

Where PeopleKeep fits

  • US small employers replacing a group medical plan with a QSEHRA
  • Companies of any size that want an ICHRA instead of, or beside, a group plan
  • Employers that already have group coverage and want a GCHRA for out-of-pocket medical costs
  • HR and finance teams that need receipt review and plan documents without building an HRA in-house

Thatch

$45/employee/mo

Thatch is an ICHRA platform where the employer sets a monthly healthcare budget and employees pick individual medical, dental, and vision plans. Standard is $45 per enrolled employee per month plus a $50 monthly compliance fee for teams of 1 to 49.

Where Thatch fits

  • Startups hiring across states that do not want to shop a new group plan each time
  • Employers replacing a rising group premium with a fixed ICHRA budget
  • Remote-first companies whose people need local individual networks
  • HR teams that want enrollment, carrier payments, and compliance reporting handled by the vendor

At a glance

DetailPeopleKeepThatch
Starting price$12/employee/mo$45/employee/mo
Free tier–No–No
MCP server–No–No
Public API–No–No
Listed underBenefits administrationBenefits administration
Capterra4.5 from 89 reviewsNot enough reviews

Where they pull apart

PeopleKeep

Stands out: Employers pick QSEHRA (under 50 employees, no group plan), ICHRA (any size, individual policies), or GCHRA (a supplement on top of an existing group policy). Unused GCHRA allowance stays with the employer.

Watch out: Three seats are billed even if you have one or two employees. QSEHRA and ICHRA add a $50 monthly base. Annual QSEHRA is prepaid for the year.

Not the right fit for

  • Buyers who want a full PEO, payroll, and benefits suite rather than an HRA administrator
  • Teams outside the US. PeopleKeep administers US HRA rules

Thatch

Stands out: Leftover budget loads onto a Thatch Card for copays, prescriptions, and other qualified medical expenses, so employees are not filing reimbursement forms after the premium is paid.

Watch out: Budget the platform fee and the allowance separately. Standard is $45 per enrolled employee plus $50 a month; 50+ employee accounts are custom-priced with a $2,400/year minimum. Thatch Market (plan shopping) is included at no extra platform fee.

Not the right fit for

  • Buyers who want a flat platform fee regardless of enrollment
  • Employers that only want a GCHRA on top of a group plan they already like

Pros and cons

PeopleKeep

  • Published PEPM tables for QSEHRA, ICHRA, and GCHRA instead of a hidden quote
  • GCHRA at $12/employee/mo is a cheap supplement when you already buy group medical
  • Capterra 4.5 from 89 matching PeopleKeep reviews
  • Three-seat minimum inflates cost for one- and two-person shops
  • QSEHRA and ICHRA add a $50 monthly base on top of $25 PEPM
  • It is HRA administration only, not payroll, dental shopping, or a PEO

Thatch

  • No setup fee and no long-term contract on the vendor FAQ
  • ICHRA classes can vary by location and age so the budget is not a single national number
  • Thatch Card spends leftover allowance without a reimbursement queue
  • $45 per enrolled employee plus a $50 monthly fee is higher than some HRA rate cards
  • It is ICHRA, not QSEHRA or a GCHRA supplement
  • You still fund the actual insurance allowance on top of the platform fee

What each one costs

PeopleKeep

$12/employee/mo

GCHRA is $12 per employee per month plus a $30 company base fee. QSEHRA is $25 per employee per month plus a $50 base, for employers with fewer than 50 employees. ICHRA starts at $25 per employee per month plus a $50 base, with no charge for opted-out employees. Every plan has a three-seat minimum. Annual QSEHRA is prepaid. Confirm current terms on the vendor site.

Checked 4 Nov 2026

Thatch

$45/employee/mo

Standard covers 1 to 49 eligible employees at $45 per enrolled employee per month plus a $50 monthly compliance fee (the vendor's example is $230/mo for 4 employees). Custom covers 50+ eligible employees, with a 10 enrolled employee minimum of $2,400/year. You pay only for employees who enroll through Thatch. Thatch Market plan shopping is included. The employer still funds the insurance allowance on top of the platform fee. Confirm current terms on the vendor site.

Checked 4 Nov 2026

Common questions

Is PeopleKeep cheaper than Thatch?
PeopleKeep starts lower, at $12/employee/mo against $45/employee/mo for Thatch. That is the entry plan on each side, so the real number depends on seats and the tier you land on.
Can you try PeopleKeep or Thatch for free?
Neither carries a free tier on our listing.

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Editorial listings, never paid rankings. Prices checked 4 Nov 2026. Confirm current terms on the vendor site. Spot an error?