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HRA Employer Options with Individual Medical Insurance

Depending on the group and demographics, you might want to consider Health Reimbursement Arrangement (HRA) options through the individual market


  1. ICHRA - Individual Coverage Health Reimbursement Arrangement
  2. QSHERA - Qualified Small Employer Health Reimbursement Arrangement


  1. FLEXIBILITY: Both these options allow the Employer to provide a monthly premium benefit to Employees to subsidize the cost of insurance in the individual market. It takes the administrative headache away for the Employer and allows Employees the freedom to choose the plan they want.
  2. COST: Control your costs and take the concern of rate increases away


  1. DIMINISH SUBSIDY: A drawback to this option is the HRA options affect the government subsidies employees may have available to them al
  2. SMALL NETWORK: Provider networks within the Individual Market are considerably smaller than within the PPO networks most Small Group Medical Plans are able to offer.