Business

ICHRA, explained in two minutes

By the Rose brothers, 4 minute read

An Individual Coverage HRA (ICHRA) lets a business give employees a set monthly amount, tax-free, to buy their own individual health plan.

Why owners like it

  • You set the budget, so costs are predictable.
  • Employees pick the plan and doctors that fit them.
  • You can set different amounts for different classes of employees, within the rules.

When a group plan may be better

If your team wants one shared plan, or individual plans in your area are expensive for your employees' ages, a traditional group plan can win. We price both so you can see.

Send Alan a simple employee list and he'll compare. Start here.

Questions are free. So is our time.

Book a relaxed call with one of the Rose brothers and leave knowing exactly what you're paying for.

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