Reported 2 days ago
A rising number of employers are adopting Individual Coverage Health Reimbursement Arrangements (ICHRAs), allowing employees to use allocated funds to select their own health insurance plans instead of opting for traditional group insurance. This shift offers smaller companies a more manageable way to provide health benefits and aligns with conservative goals of increasing consumer choice. However, it places the burden of finding coverage on workers, which can be challenging given the complexities of the individual insurance market.
Source: YAHOO