ICHRA has potential to reshape the way employers pay for benefits

Potential for simplified renewal processes for brokers, more predictable costs for employers.

By Alan Goforth | March 31, 2021 at 09:51 AM

stylized gray compass with red needle pointing to stack of silver

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.

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