ICHRA.

A Smarter Way to Offer Employee Health Benefits

ICHRA gives your employees freedom to choose their own health plan, while saving your business time, money, and stress.

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What Is ICHRA?

Introduced in 2020, an Individual Coverage Health Reimbursement Arrangement (ICHRA, pronounced ick-rah) is a modern way for employers to provide healthcare benefits. Instead of a one size fits all group plan, you reimburse employees for their own individual or family coverage. Employers keep the tax advantages, while employees gain more flexibility and choice.

Why Employees Love It

  • More Options: They select individual plans specific to their home address.

  • Personal Fit: Coverage tailored to budget, needs, and preferences.

    Cost Savings: Defined contribution amounts often reduce overall costs.

Why Employers Love It

  • Tax Benefits: Contributions are deductible, reimbursements are tax-free.

  • Simpler Administration: No COBRA, enrollment paperwork, or network juggling.

  • Flexibility: Works for employees across all zip codes.

  • Peace of Mind: Employees get what they need, you focus on your business.

How We Make It Easy

  • We design the ICHRA plan.

  • We enroll your employees.

  • We manage ongoing support and compliance.

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ICHRA Is Growing Fast

  • ICHRA is rapidly becoming the go-to solution for small and mid-sized businesses nationwide.

  • Thousands of companies have transitioned to ICHRA since 2020

Ready to See If ICHRA Fits Your Business?

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ICHRA FAQs

  • An ICHRA (Individual Coverage Health Reimbursement Arrangement) is an employer-funded benefit that reimburses employees for individual health insurance premiums and medical expenses instead of offering a traditional group plan.

  • Employers set a monthly allowance. Employees buy an ACA marketplace plan or individual health insurance and get reimbursed (tax-free) up to the allowance.

  • ICHRA works for businesses of any size. Employees must enroll in qualified individual coverage (such as an ACA plan) to participate.

  • It depends. An ICHRA gives employees flexibility and choice, while employers gain cost control and predictability. For many businesses, especially smaller ones, it may be more sustainable than traditional group insurance.

  • If an employee accepts the ICHRA, they cannot also use ACA premium tax credits. However, if the ICHRA is considered “unaffordable,” employees may waive it and use subsidies instead.

  • Typically: monthly premiums, copays, deductibles, and other qualified medical expenses. Employers decide what is eligible when setting up the program.