If you’ve been exploring group health insurance options recently, you’ve likely come across a common question: Is an ICHRA better than a traditional group health plan? The honest answer is: it depends. Both group [...]
Health benefits strategy is evolving, and more employers and brokers are evaluating Individual Coverage Health Reimbursement Arrangements (ICHRAs) as a long-term alternative to traditional group health plans. But before you move forward, it's important [...]
Most employers and brokers are familiar with the big compliance items tied to an Individual Coverage HRA (ICHRA): plan documents, affordability, employee notices, and ACA reporting. But there’s a less‑talked‑about ICHRA reporting requirement that’s getting [...]
Individual Coverage HRAs (ICHRAs) offer employers and employees more flexibility in how health benefits are delivered. Employees choose an ACA-compliant individual major medical plan that fits their needs, and the employer provides a tax-free [...]
One of the most common questions we hear about the Individual Coverage Health Reimbursement Arrangement (ICHRA) is: “Do I have to offer ICHRA to all of my employees?” The quick answer: No. The longer answer: [...]
Employers want to help their employees with healthcare costs. A common approach is to give health stipends, perhaps $200 per month, and tell the employee it can be used for medical or dental coverage. [...]
Health Reimbursement Arrangements (HRAs) offer employers a modern, flexible way to support employees' healthcare costs. They’ve grown in popularity as businesses search for alternatives to traditional group health insurance, offering employees more choice while [...]
The U.S. House of Representatives has passed the budget reconciliation bill—formally titled the One, Big, Beautiful Bill—by a razor-thin margin. While the bill covers a wide range of domestic policy goals, hidden in the fine [...]
Let’s be honest—health benefits are complicated. If you’ve spent any time researching alternatives to traditional group health insurance, whether for your business or your clients, you’ve probably come across an ICHRA plan. If the [...]
The Individual Coverage Health Reimbursement Arrangement, or ICHRA, is just one of the Modern Health Reimbursement Arrangement regulations gaining traction among higher group insurance costs. ICHRA is an employer-funded health benefit that reimburses employees [...]