Forbes April 1, 2025
JPMorgan Chase’s Morgan Health unit will invest in a company called Venteur to boost the venture’s effort to sell health plans to small and medium-sized U.S. businesses, the companies disclosed Tuesday.
In particular, Venteur sees a growing market of health plans known as “individual coverage health reimbursement arrangements” that became widely available during last fall’s open enrollment period under the Affordable Care Act. According to the federal government’s website, such ICHRAs are “an alternative to offering a traditional group health plan to employees.”
“It’s a specific account-based health plan that allows employers to provide defined non-taxed reimbursements to employees for qualified...
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