Your article was successfully shared with the contacts you provided.
Starting this year, employers had a new option to reimburse workers who obtain their own insurance coverage for qualified expenses: Individual-coverage HRAs. As employers and advisors search for new ways to control health care costs, these plans provide an alternative. Take Command Health has been tracking adoption and utilization trends during the inaugural year of ICHRAs.
“With open enrollment here, many business owners and brokers are evaluating their options for group benefits, searching for flexible and budget-friendly options,” Jack Hooper, CEO of Take Command Health, said in a statement. “Our report benchmarks what similar companies are doing and makes a strong case for the tax-advantaged reimbursement model of health insurance.”
Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.
Your access to unlimited BenefitsPRO.com content isn’t changing. Once you are an ALM digital member, you’ll receive:
Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
This conversation starter guide for better benefits will walk you through six simple ways to start a productive conversation with your clients that will add value and position you as their broker of choice. Download now to stay ahead in 2022.
There are five different approaches and consulting types when it comes to working with employers on benefits. Identify which type you fall into and learn fresh ideas from the other approaches in this guide.
It’s no secret that health benefits have struggled to keep up with workforce expectations during the Great Resignation. Remaining competitive means employers must streamline their health benefits, put employees first and deliver on brand values. Download this guide to help your clients gain an edge in 2022 with their health benefits.