All About Individual Coverage Health Reimbursement Arrangements (ICHRAs)

An individual coverage HRA (ICHRA) is similar to an HRA—it uses funds from your employer to help pay for certain medical expenses. However, there are some important features of ICHRAs that you should understand.

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ICHRA: New HRA Option Benefits Small to Medium Businesses

The ICHRA provides employers a way to offer health care benefits to employees that do not count toward their taxable wages. The option also provides smaller employers a way to offer insurance without the administrative burden of offering a traditional medical plan.

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