ICHRA: A Smarter Way to Offer Employee Benefits
A flexible benefits solution that controls costs, expands employee choice, and keeps your organization compliant.
What Is ICHRA?
ICHRA: Individual Coverage Health Reimbursement Arrangements
Employees choose from 60+ marketplace plans:
Your team selects the coverage that best fits their needs, lifestyles, and families – not a one-size-fits-all option.
Employers set the budget, not the insurer:
You determine a predictable healthcare contribution that gives your organization clarity and cost control.
Flexible for companies of any size or structure:
Works seamlessly for full-time, part-time, seasonal, and remote employees, allowing you to tailor benefits by employee class.
Fully ACA compliant when structured correctly:
Meets federal affordability and coverage standards and protects your organization with proper plan design.
Employees have meaningful influence over their healthcare choices:
By selecting their own plan, employees gain ownership and control over the benefits that matter most to them
Case Study One
Mechanical Contractor
This organization faced a substantial renewal challenge and turned to ICHRA to regain control of costs and improve employee satisfaction.
- 70 employees across the organization
- Faced a 75% renewal increase on their existing health plan
- Achieved $492,000 in total savings through the ICHRA transition
- Reached 95% employee satisfaction with their new plan choices
The shift to ICHRA gave employees more choice and affordability while providing the company with a more predictable and sustainable benefits strategy.
Case Study Two
Non-profit Organization
A large nonprofit used ICHRA to reduce costs and improve access to high-quality coverage across its employee base.
- 200 enrolled employees
- $750,000 in annual savings
- Post-ICHRA, 90% of employees do not have a monthly contribution to their medical insurance, and only 2.5% have a contribution higher than $100 per month
- Employees were “blown away” by the wide variety of plans and the strength of the coverage
ICHRA allowed the organization to lower expenses while significantly improving plan choice and affordability for employees.
ICHRA Insights
Experience the Power of Partnership
Get tailored guidance and proactive support that helps you make decisions with confidence.
Chris Shipley, PHR
Vice President, Employee Benefits | Henderson Brothers, Inc.
Email cshipley@hendersonbrothers.com
Or call 412‑754‑3260
