What's the difference between an ICHRA and traditional group health insurance?

Group health insurance plans are purchased by companies and offered to their employees. Traditional group plans take a one-size-fits-all approach to healthcare, giving employees limited choice when it comes to their coverage options.


Employer-sponsored ICHRAs give employees a tax-free allowance to pick any plan on the public exchange that meets their unique needs. This means that an employee can have a different insurance carrier from another employee in the same area.

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