individual coverage hra Archives

Introducing ICHRA+™: Rethink Employee Health Benefits

Posted on August 12, 2020 (August 12, 2020) by John Staub

Intoducing ICHRA+™: Rethink Employee Health Benefits | Remodel Health is the health benefits software and consulting service for employers

Individual Coverage HRAs (or ICHRA, pronounced “ick-ruh”) are among the newest healthcare innovations, having just been released in January 2020. ICHRAs allow employers to give employees a budget to spend on healthcare rather than providing the insurance product itself. The Department of Labor projects 800,000+ employers will move away from traditional group plans and toward […]

Individual Coverage HRAs (ICHRA)

Posted on July 22, 2020 (July 22, 2020) by John Staub

In January 2020, we saw the most significant development in health insurance take place since the Affordable Care Act. Individual Coverage HRAs—also called “ICHRA” (ick-ruh)—finally launched after 15 months of coordination between government agencies following a presidential executive order. Fundamentally, Individual Coverage HRAs allow employers to offer health benefits to their employees in the form […]