Individual Coverage Health Reimbursement Arrangements (ICHRA)

An alternative to traditional group health insurance plans.

What is ICHRA?

An Individual Coverage Health Reimbursement Arrangement (ICHRA) may be a good solution for your group health insurance clients. ICHRAs are tailored to each of their employees’ unique needs and allows employers to budget more efficiently.

An ICHRA is an alternative to traditional group health plan coverage, which allows employers of any size to reimburse their employees a fixed amount of money, tax-free, each month for their individual health insurance premiums or Medicare premiums. This option provides quality health insurance benefits to employees with the same tax benefits of a traditional group health insurance plan.

Fill out the form below or schedule a consultation with Cornerstone’s ICHRA specialist to learn more. 

The Benefits of ICHRA

  • No participation requirements

  • No underwriting

  • Complete cost control for the employer

  • Coverage is available for all employees, including part-time and seasonal

  • Reimbursements are free of payroll taxes for the employer and free of income tax for the employee

Learn More About Selling ICHRA

Fill out the form below and Cornerstone’s ICHRA specialist will reach out with more information.