ICHRA Growth Surged in 2024. Here’s Why Companies are Making the Switch
As employers grapple with rising premiums for group health care plans, many are turning to ICHRA and QSEHRA as a more sustainable option.
As employers grapple with rising premiums for group health care plans, many are turning to ICHRA and QSEHRA as a more sustainable option.
A recent Bloomberg editorial detailed how America’s healthcare system is “flawed by design.” See how ICHRAs are bridging the gap.
An Individual Coverage Health Reimbursement Arrangement (ICHRA) gives employers a flexible, cost-effective way to offer health benefits. In this guide, we’ll break down how ICHRAs work, who they benefit, and why they’re reshaping employer-sponsored healthcare.
We asked Benafica CEO Ryan Jewison to answer some common questions with 1-word responses. Here, we expanded on some of his answers.
Learn about different types of HRAs & their benefits for employers & employees. From QSEHRA to ICHRA, find the best option for your company.
ICHRA has emerged as a flexible solution for offering health insurance that doesn’t have many downsides. Find out if ICHRA is the right solution for your business.
Discover how an Individual Coverage HRA (ICHRA) offers employers a flexible, cost-effective alternative to traditional group health plans.
Learn how a Qualified Small Employer HRA (QSEHRA) empowers small businesses to offer flexible, tax-free health benefits to employees.
Discover 4 reasons why employees favor Health Reimbursement Arrangements (HRAs) for flexible, tax-efficient healthcare benefits at Benafica.
Health Reimbursement Arrangements (HRAs) are employer-funded benefits that reimburse employees for qualified medical expenses and, in some cases, insurance premiums. In this blog, we break down how HRAs work.
Choosing between an ICHRA and a traditional group health plan depends on your business’s needs, budget, and workforce diversity. This blog explores the key differences, benefits, and challenges of each option.
Benafica and LeClair Group partner to expand access to employer services for insurance advisors.
We do not offer every plan available in your area. Currently we represent 10 organizations which offer 61 products in your area. Please contact Medicare.gov, 1-800-MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options.
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