"The House Oversight and Accountability Committee is shining a light on this issue in the health care system and will continue to examine solutions to make prescription drugs more affordable for all Americans," says Rep. James Comer.

"ICHRAs allow employers to offer a spendable allowance to employees to shop for individual health insurance from the entire marketplace of options," says Annie Bushey, client executive at Holmes Murphy & Associates.

Starting in 2026, a proposed CMS rule would require plans to respond to a standard request within seven days, typically, instead of the current 14, and within 72 hours for urgent requests.