Yes, ICHRA can satisfy the corporate mandate for large employers (ALEs) if the offer is "affordable". ICHRA is deemed affordable if the amount an employee has to pay for self-only coverage (lowest cost silver plan on exchange) is less than 8.39% (rate for 2024) of employee's household income. Here is a more in depth look into 2024's affordability!
See IRS Notice 2023-29 that provides the applicable percentage table.
For a more in-depth discussion regarding the corporate mandate, read our post titled, “Can ICHRA meet the employer mandate?”