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.
Which HRA is best for my company?
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.
QSEHRA vs. ICHRA vs. EBHRA vs. the old HRA model
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.
I wrote this blog because I care about ideas (big and little) that can help fix our healthcare system. I used to work on projects for Kaiser Permanente and the Parkland Health & Hospital System so I've seen the system inside and out. It's so important that consumers keep up with industry shifts and changing health insurance regulations. I'm also Take Command Health's Content Editor and a busy mom. Learn more about me and connect with me on our about us page. Thanks!