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,…
ICHRA
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…
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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…
Centene is putting its money where its mouth is when it comes to individual coverage health reimbursement arrangements. The managed care giant is transitioning more than 700 Indiana-based employees to ICHRA in 2026, becoming one of the most notable endorsements…
Monongalia County, West Virginia is dropping group coverage from Highmark Blue Cross Blue Shield in favor of Individual Coverage Health Reimbursement Arrangements administered by Take Command, local outlet WAJR reported Oct. 20. Premiums will continue to be almost entirely covered…