ICHRA

New ICHRA will be available January 1, 2020!

Allows for the Reimbursement of Individual Health Insurance Premiums

This HRA is almost like a hybrid of the Integrated HRA and QSEHRA. The primary intent of the Individual Coverage HRA (ICHRA) is to allow for the reimbursement of individual health insurance premiums, but other out-of-pocket expenses can be reimbursed. It will be available to employers of all sizes, and it requires employees to be covered by an individual health insurance plan or Medicare to be eligible for reimbursement.

To learn more about this product, call our HRA expert, Naomi at (320) 214-2923.

Resources

View All Health Reimbursement Arrangements Resources