I run a business

Can I offer health benefits without a group plan?

An Individual Coverage HRA lets you reimburse employees tax-free for individual plans they choose themselves. There is no minimum participation requirement, no group underwriting, and you set the monthly contribution, so your benefit cost is predictable year over year. Offering an ICHRA also gives employees a Special Enrollment Period to buy individual coverage. Owners commonly pair this with key-person or buy-sell life insurance so the business can survive the loss of a partner or a critical employee.

Read the ICHRA guide →