ICHRA Plans (Individual Coverage Health Reimbursement Arrangements)

Structured advisory and implementation support for employers evaluating ICHRA-based health plan strategies.

Headquartered in Richmond, Virginia, we serve clients nationwide. 

When Employers Need Greater Flexibility in Plan Design

Traditional group health plans do not always align with workforce diversity, cost expectations, or long-term benefits strategy.

Employers with distributed teams, varied employee needs, or rising group plan costs often begin evaluating more flexible approaches.

ICHRA plans provide a different model—shifting from a single group plan to a defined employer contribution with employee-level plan selection.

As part of our broader Funding Strategy framework, we help employers determine whether an ICHRA approach aligns with their organizational structure, workforce profile, and financial objectives.

What ICHRA Plans Mean

An Individual Coverage Health Reimbursement Arrangement (ICHRA) allows employers to provide a fixed, tax-advantaged allowance for employees to purchase their own individual health insurance coverage.

Rather than sponsoring a single group plan, employers define contribution levels while employees select coverage that fits their individual needs.

This structure offers predictable employer costs, increased flexibility for employees, and scalability across different employee classes or geographic locations.

At the same time, it introduces additional considerations around plan design, compliance, and employee communication.

Our role is to evaluate whether ICHRA is an appropriate alternative to traditional group coverage—and to ensure it is structured correctly from the outset.

How ICHRA Connects to Long-Term Benefits Strategy

ICHRA represents a shift in how benefits are structured and delivered.

It impacts contribution strategy, employee experience, compliance obligations, and long-term cost management.

We integrate ICHRA evaluation into broader Group Medical Strategy planning, ensuring alignment with workforce structure, contribution design, regulatory requirements, and employee engagement.

ICHRA is most effective when implemented with clear structure, consistent communication, and ongoing oversight.

Feasibility and Strategy Evaluation

We assess whether ICHRA aligns with your workforce profile, cost objectives, and long-term benefits strategy.

Plan Design and Class Structuring

We define employee classes, contribution levels, and eligibility requirements.

Compliance and Regulatory Guidance

We ensure plans are structured in accordance with applicable regulations and reporting requirements.

Vendor and Platform Evaluation

We assess administration platforms to support a consistent and manageable employee experience.

Employee Education and Enrollment Support

We provide structured education to help employees understand how ICHRA works and how to select appropriate coverage.

Ongoing Program Oversight

We provide continued monitoring to ensure the program remains aligned and effective over time.