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More companies consider ICHRAs to combat rising healthcare costs

Photo collage of a Geneva Cross (universal symbol for medical assistance) in the background, with one hand giving money to another outstretched hand receiving it.Morning Brew Inc., Photos: Adobe Stock

Rising healthcare costs might have some benefits pros saying, “Ain’t nobody got time (or money) for

that.”This is where an individual coverage health reimbursement arrangement (ICHRA) may be a

ble to help.An ICHRA is an employer-funded health plan, through which employees are given pre-taxed money to help pay for medical costs and independent health insurance plans, via a private insurer or the government, HR Brew previously reported. Since their creation in

https://www.hr-brew.com/stories/more-companies-consider-ichras-to-combat-rising-healthcare-costs?utm_source=&utm_medium=syndication&utm_campaign=feed

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