by nexbenstage | Jun 11, 2021 | Uncategorized
The Individual Coverage Health Reimbursement Arrangement (ICHRA) is a shift in the way health insurance is delivered. For many businesses, an ICHRA will provide a welcome alternative to traditional group health benefits. An Individual Coverage HRA represents a modern...
by nexbenstage | May 24, 2021 | Uncategorized
Health reimbursement arrangements aren’t new; they’ve long provided employers and their employees a tax-advantaged way to fund health care expenses. However, a new frontier in health reimbursement launched in January 2020 when a new regulatory rule gave employers the...
by nexbenstage | May 24, 2021 | Uncategorized
Health reimbursement arrangements aren’t new; they’ve long provided employers and their employees a tax-advantaged way to fund health care expenses. However, a new frontier in health reimbursement launched in January 2020 when a new regulatory rule gave employers the...
by nexbenstage | May 24, 2021 | Uncategorized
One of the advantages of adopting an ICHRA (Individual Coverage Health Reimbursement Arrangement) group health plan is that employers are able to set their own contribution allowance. Obviously, this autonomy is a departure from the traditional small group plans that...
by nexbenstage | Apr 30, 2021 | Uncategorized
Though employers have typically leaned towards fully-insured health plans, the adoption of self-insured plans is on the rise. Many employers are accustomed to using fully-insured plans where the employer pays a fixed premium and employees may share in that cost. A...
by nexbenstage | Apr 20, 2021 | Uncategorized
With an ever-expanding portfolio of health insurance options, brokers are in a position to offer tailored benefits packages to their clients. But, how do you know which might be best? We’ll break down the caveats between ICHRAs (individual coverage health...