In 2020, the IRS launched the Individual Coverage Health Reimbursement Arrangement, or ICHRA, to help employers of all sizes support employees with a pre-tax fixed benefit plan. Just a few years later, adoption rates of ICHRA offerings have grown rapidly and so has the number of administration partners in the market. These growth rates can pose tough challenges for health plan decision makers, who need strategic solutions and knowledgeable partners to help them remain competitive.
In this guide, we’ll take you on a tour of the ICHRA landscape, explore administration solution options, offer tips on navigating your partner search, and provide tools to help you evaluate and compare vendors so you can make the right decision for your health plan and brokers.
