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ICHRA Options

Individual Coverage Health Reimbursement Arrangement is the newest standalone HRA that enables employers of all sizes to reimburse their employees tax-free for health insurance premiums and medical expenses. ICHRA is a game-changer for employers looking to provide a more modern model of employer-sponsored health insurance.

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Advantages Over Traditional Group Plans

HRA insurance gives employers greater ability to control costs.

It provides employees with more options from which to choose.

It takes the burden of managing a health plan and underlying health risks off the employer.

There are no hassles with renewals, participation rates, doctor networks or annual premium increases.

The employer decides which employees qualify, sets monthly allowances and can get back to managing his or her business.

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