Feb 17, 2025
ICHRAs: A Flexible, Tax-Free Solution for Employer-Sponsored Health Benefits
There’s been a lot of buzz lately about Individual Coverage Health Reimbursement Arrangements (ICHRAs). These flexible, employer-funded benefits allow businesses to reimburse employees—tax-free—for individual health insurance premiums and qualified medical expenses. If you’re facing large price hikes for your employee health benefits plan, ICHRAs could be worth considering.