A crucial piece of the individual coverage HRA is eliminating the stress that comes with employees shopping for health insurance, sometimes for the first time.

The pandemic has fundamentally changed the way we work. It’s contributed to a rise of hard-to-insure remote workers and a growing need for recruitment tools for service and hospitality workers. It’s shined a light on the shortcomings of group health plans when employees lose their jobs (and coverage), and employers are left with little flexibility. It’s necessitated companies to work smarter and more efficiently and their benefits solutions are no exception. After all, they’re employing a whole new type of workforce. Paired with the ongoing challenges of insuring part-time and hourly employees, and annual group plan renewal hikes, the stage is set for ICHRA to continue to thrive.

Now in our third year of signing businesses up for the individual coverage HRA, we have some solid data to learn from and a lot of experience behind us as a first to market provider. Our recently published ICHRA10 report confirms what we’ve believed all along: the individual coverage HRA is expanding coverage and promoting choice; it’s stabilizing the ACA; and it’s attracting all kinds of businesses.

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

Already have an account?


NOT FOR REPRINT

© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

 

BenefitsPRO Broker Expo 2024Event

The premier educational and networking event for employee benefits brokers and agents.

Get More Information
 

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.