ICHRA: A New Course for Higher Education Health Insurance
Register to watch the recording
About this webinar
Lycoming College faced significant challenges with its traditional group health insurance plan, including escalating premiums and unpredictable costs. In search of a more sustainable solution, the college embarked on a journey to explore innovative alternatives. This webinar will delve into the college's experience in implementing a new reimbursement model of health insurance, known as ICHRA.
Join Lycoming College’s Associate Vice President for Human Resources & Compliance, Kacy Hagan, along with Take Command’s Director of Content & Brand Strategy, Amy Skinner, as they discuss the key factors that influenced the decision to adopt this approach, the challenges encountered during the transition, and the tangible benefits realized by both the college and its employees. Attendees will gain valuable insights into the potential advantages of ICHRA for higher education institutions and learn how to navigate the complexities of this emerging model.
Key Takeaways:
- Discover how ICHRA can provide a more stable and predictable budget for higher education institutions.
- Learn how this approach can lead to increased employee satisfaction through lower out of pocket costs and greater plan choice.
- Explore the potential for significant cost savings through the implementation of ICHRA when switching from a group health plan.
