The strategic potential of ICHRAs by employer characteristics

Knowing what ICHRA stands for is easy. Knowing how to unlock its full strategic potential is not.

An Individual Coverage Health Reimbursement Arrangement (ICHRA) is an employer-funded account that helps employees pay for individual health insurance premiums and other eligible expenses, giving them the freedom to choose plans that fit their needs rather than relying on a single group plan. A dedicated ICHRA administrator handles the day-to-day management, reducing complexity for employers while expanding choice for employees.

Rising traditional group plan costs are increasing pressure on employers. ICHRAs offer a more flexible path forward.

In this white paper, we model what happens when a mid-sized employer shifts from a group plan to an ICHRA strategy by comparing 2026 projected costs and examining the impact on employer spending as well as employee premium and out-of-pocket expenses.