Ever increasing and often erratic health insurance renewals can blow up even the most well-planned annual employer budget. Adopting an ICHRA model can literally fix the healthcare expense line with a predictable number that won’t change, regardless of your claims experience.
Secret be told, the vast majority of companies who initiated an ICHRA in 2020, renewed their plan at the same employer cost in 2021 (for real!). That’s why the Departments of Labor, Treasury and Health & Human Services predict that by the end of 2025, 800,000 organizations will offer an ICHRA to their employees, insuring over 11,000,000 people.
Watch here to learn what the early adopters already know, that employers really can control their healthcare costs!
Frank Spinelli, Managing Director, InsureOne Benefits
Brad Heter, Sales Executive, Oswald Companies
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