ICHRA: FAQ

What is an ICHRA and how does it work?

Understanding the Individual Coverage HRA

Written by Jack Hooper
Updated over a week ago

Where did the ICHRA come from?

Which departments created ICHRA?

Written by Jack Hooper
Updated over a week ago

What’s the difference between a QSEHRA and an ICHRA?

How to determine if ICHRA or QSEHRA are right for you

Written by Jack Hooper
Updated over a week ago

What’s the difference between an ICHRA and a Traditional HRA?

Written by Jack Hooper
Updated over a week ago

Basic overview of the ICHRA rules

Written by Jack Hooper
Updated over a week ago

Are there taxable reimbursements through an ICHRA?

Written by Jack Hooper
Updated over a week ago

What types of premiums are reimbursable through ICHRA?

Eligible insurance for reimbursement

Written by Elyse
Updated over a week ago

What can be reimbursed through ICHRA?

Written by Jack Hooper
Updated over a week ago

What is required from an employee to be eligible to participate in the ICHRA?

Is insurance required to participate in ICHRA?

Written by Jack Hooper
Updated over a week ago

What happens if employees don’t use their ICHRA allowance?

Do unclaimed allowances rollover?

Written by Jack Hooper
Updated over a week ago

What medical expenses are reimbursable through ICHRA?

What are the eligible out-of-pocket medical expenses I can claim for reimbursement through ICHRA?

Written by Elyse
Updated over a week ago

Does ICHRA satisfy the Corporate Mandate for large employers ALEs?

Does ICHRA meet the employer mandate?

Written by Jack Hooper
Updated over a week ago

Is ICHRA subject to COBRA and ERISA?

How to know when your company will be required to follow ERISA and COBRA requirements

Written by Jack Hooper
Updated over a week ago