Tag

Ichra

All articles tagged with #ichra

Big Employers Plan 2027 Health-Benefit Cuts as Costs Rise
business27 days ago

Big Employers Plan 2027 Health-Benefit Cuts as Costs Rise

Several large employers, including Disney, Starbucks, Bloomberg, Deloitte and the City of Dallas, plan to trim or redesign 2027 health benefits—such as spousal coverage restrictions, higher premiums, elimination of GLP-1 weight‑loss drug coverage, and reduced benefits—to curb soaring costs projected around 9–9.5% next year, pushing average costs above $19,000 per employee. Analysts warn workers will bear more of the burden even as companies explore alternatives like direct‑to‑patient drug pricing and ICHRA adoption, which face implementation hurdles.

Rising health costs push US employers toward employee-purchased plans via HRAs
business1 month ago

Rising health costs push US employers toward employee-purchased plans via HRAs

With health-plan prices rising at the fastest pace in 15 years, more US employers are dropping traditional group-health coverage in favor of Health Reimbursement Arrangements (HRAs/ICHRA). In 2026, over 20,000 companies adopted HRAs, a 53% jump from 2025, giving workers stipends to buy their own plans on ACA marketplaces or other exchanges. HRAs shift cost and decision-making to employees, who face higher deductibles and varying network access, while ACA premiums also rose about 20% after subsidy terms changed.

health-policy6 months ago

States Rally Behind Trump-Era Health Credits to Boost ACA Sign-Ups

Across red and blue states, lawmakers are embracing the Trump-era rule that lets employers offer tax-exempt credits to workers to buy ACA plans through Individual Coverage Health Reimbursement Arrangements (ICHRA), a strategy aimed at tamping down uninsured rates after enhanced ACA subsidies expired. With six states weighing bills and insurers like Oscar Health supporting the approach, ICHRAs have bipartisan appeal, but they’re not a universal cure and may not always outperform traditional subsidies or employer plans depending on income and coverage choices.