MedCity News January 26, 2025
Marissa Plescia

ICHRAs are gaining a lot of interest in healthcare. Some say they are beneficial because they give employees more choice in their health insurance, while others are more skeptical.

ICHRA — Individual Coverage Health Reimbursement Arrangement — seems to be the new buzzword of 2025.

ICHRAs allow employers to provide their employees pre-tax dollars to cover the cost of individual health insurance premiums and qualified medical expenses. They were created under the first Trump administration in 2019 and became available in 2020. According to the HRA Council — an advocacy organization for Health Reimbursement Arrangement administrators and more — ICHRA adoption rose 29% between 2023 and 2024 among the organization’s members (though it’s difficult to say for sure how...

Today's Sponsors

Venturous
Got healthcare questions? Just ask Transcarent

Today's Sponsor

Venturous

Continue Reading

 
Topics: Employer, Insurance, Patient / Consumer
Related Articles:
Medicaid Faces A Crossroads 60 Years After Its Creation
The Transformative Power Of AI And Machine Learning On Healthcare Insurance
Republicans need to cut Medicaid to hit budget savings target, CBO finds
An Argument For A New Medicare Prospective Payment System Methodology For Certified Community Behavioral Health Clinics
Americans borrowed $74 billion last year to cover health care costs, survey finds

Share This Article