We've been getting a lot of questions about how ICHRA and EBHRA stack up compared to previous health insurance models. Here's everything you need to know, all neatly organized into an attractive chart.
The important thing to remember is that every company is different. What one company needs vs. another can tell an entirely different story. The same can be said about their employees. Choosing an HRA solution to provide benefits for your staff is a choice best made informed.
The defined contribution strategy of reimbursing for premiums and medical expenses is revolutionizing the way employers offer benefits to their staff.
While we always advise our clients to speak with their CPA before jumping in, we are ready to chat on our website if you have any specific questions about your business and how HRAs could help. We have also put together really helpful guides, like our QSEHRA Guide, ICHRA Guide and Small Business HRA Tax Strategy Guide as well as our wildly popular ICHRA FAQ post and EBHRA FAQ post.
Being an educational leader and advocate for our clients is inherent to who we are. So is putting together really cool spreadsheets. The below chart combines both of those things to help make your decision easier.
Thanks for your patience! Chart coming soon.