Is there ever going to be an alternative to employer-sponsored healthcare?
Second Opinion April 8, 2024
In pursuit of an answer to this question, I became fascinated by ICHRAs. So, here’s a deep dive and a market map!
Back in my journalism days, I have this very distinct memory of sitting down with a health plan executive and asking how much I was likely paying a year in health care premiums for my health insurance. They told me that the average was about $8000 for individuals and $23,000 for families.
The following day, I emailed my head of Human Resources and asked if I could get my $8,000 back so I could spend it acquiring my own coverage on the Covered California marketplace. I figured I could find something more affordable that would suit my...