ICHRA Guidance Tailored for Your Business
A simple way to offer health care coverage to employees:
Individual Coverage Health Reimbursement Arrangement (ICHRA)
ICHRA Benefits For Employers
ICHRA allows small and medium employers not otherwise eligible for group plans to still offer their employees meaningful health care reimbursement. Employers receive tax benefits with ICHRA, and have less administrative overhead than with traditional group plans.
Why ICHRA Makes Sense
Employer-provided health benefits can be expensive and a real hassle. ICHRA offers flexibility to both employer (you) and employees, while keeping your costs predictable.*
Tax Benefits with ICHRA
With healthcare costs that keep rising, employers are choosing to switch to ICHRAs to help them maintain healthcare benefits for employees while retaining tax advantages. ICHRA participation keeps growing every year!
ICHRA Gives You Control
ICHRAs are a way for you as an employer to offer reimbursement to employees for coverage that they choose — and you get to control that reimbursement amount.**
ICHRA Management is Simple
Employers will also have an ICHRA Technology Partner to administer ICHRA. The administrator handles paperwork, forms and reimbursements to make the process as seamless as possible for all stakeholders.
Choice for Employees
Employees shop for their own health plan on the Health Marketplace, just like buying an ACA plan. Their ICHRA reimbursement helps to cover the plan’s cost.
* “Why More Employers Are Turning to ICHRA for Affordable Health Care Benefits” https://www.jdsupra.com/legalnews/why-more-employers-are-turning-to-ichra-6674604
** “What are ICHRA pros and cons for employers and employees?” https://www.healthinsurance.org/faqs/what-are-ichra-pros-and-cons-for-employers-and-employees/
Frequently Asked Questions About ICHRA
Ready to see if an ICHRA is right for your business?
Let’s get you started.
Disclaimer placeholder Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.