Employers battle annual rate increases and overwhelming administration
of employee health benefits, and employees dislike the lack of personalized choice in traditional group health plans. But, there’s a new type of employee group health plan that offers employers of any size greater flexibility over traditional group health plans and better meets the needs of employees – Individual Coverage HRAs (ICHRAs). Learn how ICHRAs are leading a seismic shift in health benefits in much the same way employers replaced defined- benefit pension plans with 401(k)s and changed the retirement landscape in a single generation.
Brokers will learn how employers set a defined dollar amount to contribute tax-free each year to the employee, and how employees use that money to buy ACA-compliant individual health insurance in the open market. Case studies will show how companies have realized annual premium cost savings between 30-60%, controlling costs and increasing choices to better meet the needs of employees.