ICHRA

CMS has rebranded individual coverage health reimbursement arrangements to CHOICE Arrangements, or Custom Health Option and Individual Care Expense. The new name for the alternative health insurance model was announced Sept. 3 by CMS Administrator Mehmet Oz, MD, at an…

The number of people covered by individual coverage health reimbursement arrangements doubled year over year and surpassed 500,000 at the start of 2026, driven largely by a surge in adoption among larger employers, according to the HRA Council’s fifth annual…

More than one-third of employers with awareness of individual coverage health reimbursement arrangements are actively preparing for or evaluating them, according to a July 28 survey. The Employee Benefit Research Institute and Morgan Health, a JPMorganChase division, conducted the survey,…

Centene’s individual coverage health reimbursement arrangement business has grown to around 50,000 members, two and a half times larger than a year ago, executives said on the company’s second-quarter earnings call July 28. “Some of that is driven by the…

The traditional group health plan is in crisis, with commercial insurance costs reaching record highs as factors like specialty medication spend, stop-loss insurance and behavioral health utilization continue to compound. Naturally, employers nationwide have been turning to an array of…

Arizona Gov. Katie Hobbs just signed legislation that has the potential to ignite a major shift in how the state offers health insurance for its workers.  Introduced by Republican state Rep. David Livingston and signed by the governor June 4,…

Oscar Health is collaborating to launch ICHRAx, a data exchange for carriers and administrators working on individual coverage health reimbursement arrangements, CEO Mark Bertolini said on a May 6 company earnings call.  Mr. Bertolini said through the initiative, the company…

CareFirst BlueCross BlueShield has partnered with benefits platform Thatch to build an individual coverage health reimbursement arrangement model for brokers and employers across Washington, D.C., Maryland and Northern Virginia. The partnership aims to give employers a defined contribution alternative to…

Individual coverage health reimbursement arrangements are at an inflection point — payers are catching on, but not to the point of industry mass-adoption, and some employers still have their doubts. Rather than providing a group health plan, employers can offer…

A Florida bill aims to establish a marketplace for employees to use their premium contributions through individual coverage health reimbursement arrangements. The bill would build on the state’s former health insurance marketplace, modifying the name to the Florida Employee Health…