Impact of Individual Coverage Health Reimbursement Arrangements on Employees with Group Health Coverage

An individual coverage health reimbursement arrangement (ICHRA) allows employers to provide employees with funds to purchase health insurance on the individual health insurance market, including exchanges. Employees may use these funds to pay for premiums, including Medicare premiums. Employers also may choose to allow their employees to use these funds to cover certain out-of-pocket (OOP) costs.
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