What Can the Individual Coverage Health Reimbursement Arrangement (ICHRA) Do For You and Your Employees?
SHRM’s article, “Employer’s Interest in Individual Coverage HRAs is Rising”, featured a segment by Gravie’s CEO, Marek Ciolko. Read on to learn more about the Individual Coverage Health Reimbursement Arrangement (ICHRA) and why employers are starting to take more interest in this defined contribution approach to employee health benefits.
“With the unsustainable increases in many current group plans, an ICHRA is a good option,” Ciolko said. “Many want to get out of the business of administering health benefits and also prefer the simplicity and predictability of defined contributions enabled by ICHRAs.”