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The introduction of Individual Retirement Accounts changed the paradigm for the way employees approach retirement savings. Individual Coverage Health Reimbursement Arrangements (ICHRAs) may have the potential to do the same for employee benefits.

“Do we think this kind of shift could happen in a significant way over the next five years?” asked Michael Levin, cofounder and CEO of Vericred. “We do. It’s a very exciting time in group benefits.”

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