Individual Coverage Health Reimbursement Arrangements (ICHRA): The Benefit On the Rise

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An Individual Coverage Health Reimbursement Arrangement (ICHRA) allows employers to give their employees a tax-free allowance for individual health insurance premiums. This provides the employer with a cost management alternative to traditional group health insurance while employees get more plan choices. On May 14th, 2025, the One Big Beautiful Bill Act was advanced by the U.S. House Ways and Means Committee and on Sunday, May 18th, the House Budget Committee voted to advance the bill to the House Rules Committee. This would make ICHRAs, Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs), and Student Loans more generous and easier for employers to offer these tax-advantaged accounts.

During this presentation, Regional Director, Maren Thompson, will cover the following topics:

• ICHRA Rules and Regulations
• Benefits of Offering ICHRAs
• BASIC’s HRA Solution
• Q&A

Due to the length and nature of this webinar, it is not eligible for CE credits.

Presented by Maren Thompson
Maren is a Regional Director at BASIC, serving businesses from the West Coast to Montana. With over a decade of experience in account management, combined with her industry expertise, Maren has proven to be a valuable ally for brokers and their diverse portfolios of clients. After five years with BASIC, Maren has quickly developed lasting relationships with broker partners to ensure their clients have the best benefits administration and compliance solutions possible.