Health Reimbursement Arrangement

The Individual Coverage Health Reimbursement Arrangement (ICHRA) is New in 2020 and It Arguably Couldn’t Have Come at a Better Time

The Individual Coverage Health Reimbursement Arrangement (ICHRA) is New in 2020 and It Arguably Couldn’t Have Come at a Better Time

Steph Passino, Director of Market Insights breaks down a new option available for employers looking to provide coverage for their employees, the Individual Coverage Health Reimbursement Arrangement (ICHRA), pronounced “ick-ruh.” Up until now, none of the existing HRAs could be used in conjunction with ACA plans. ICHRA changes all that.