The eHealth team is thrilled to exhibit at SHRM24 and meet with HR leaders looking to explore new tactics for keeping their health benefit offerings competitive. Have you heard of ICHRA? If you haven't, you will! Stop by our booth #3240 to chat with our leaders, Bree Bacon , Natasha Cantrell , and Anthony Lopez. We can’t wait to help clients understand what Individual Coverage Health Reimbursement Arrangements (ICHRA) are, how they work, who they're best for, and why this growing health insurance plan model is the future of employer and employee health solutions. The latest HRA Council report reinforces a trend we have been anticipating for years – more and more businesses are taking advantage of the tax benefits of Individual Coverage Health Reimbursement Arrangements (ICHRA). This is a great option for both large and small businesses to provide health insurance benefits to their employees at a reduced cost to their bottom line. A few highlights from the report: - ICHRA adoption grew 29% year over year from 2023 to 2024. - 4 out of 5 businesses are renewing year over year. - 200+ employee businesses are the fastest growing ICHRA cohort at +84%.
Wonderful!
Thanks for sharing insights from our industry-leading data report 😊