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There’s no question individual coverage health reimbursement arrangements (ICHRAs) are growing in popularity. In fact, one-third of CFOs are considering ICHRAs for some of their active employees, according to a Willis Towers Watson study

This health care reimbursement coverage that rolled out in 2020 provides employers of any size with another option to offer health benefits to their employees – a plan that reimburses people for the purchase of their individual health insurance on the open market. It’s also a plan type that rounds out brokers’ portfolios and ensures they’ll have a flexible option for all their clients.

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