The Jim Stroud Podcast

ICHRA Explained: How Individual Health Coverage Is Changing Employee Benefits


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In this episode of The Jim Stroud Podcast, Jim sits down with Eric Wissig of SureCo to unpack one of the most talked-about shifts in employee benefits today: the Individual Coverage HRA (ICHRA).

Eric explains why the traditional group health insurance model is breaking down under rising costs—and how ICHRA offers a new path forward by giving employees ownership, choice, and flexibility in their healthcare, while still allowing employers to support coverage on a pre-tax basis. Together, Jim and Eric explore what this change means for workers, HR teams, brokers, startups, and large employers alike.

You’ll hear a practical, plain-English discussion covering:

  • Why group health insurance keeps getting more expensive
  • How ICHRA works and why it launched in 2020
  • The pros and cons for employees, including choice, cost control, and decision fatigue
  • What employers gain (and must watch out for) from a compliance and cost perspective
  • How ICHRA supports workers with chronic or pre-existing conditions under the ACA
  • Whether smaller companies can finally compete with enterprise-level benefits
  • Non-traditional benefits, Medicare reimbursement, and what ICHRA can—and can’t—cover
  • How this model could push the U.S. healthcare system toward true consumer choice
  • Whether you’re an employee curious about your options, an HR leader facing skyrocketing premiums, or a broker navigating a changing benefits

    landscape, this episode offers a clear-eyed look at why ICHRA is gaining
    momentum—and where it may be headed next.

     

    * Learn more about SureCo at sureco.com
    * SureCo Contact Page: https://www.sureco.com/contact-us

    * Erik Wissig LinkedIn: https://www.linkedin.com/in/erik-wissig-833b9a3/

    * SureCo LinkedIn: https://www.linkedin.com/company/sureco/

    Don’t forget to rate and review the podcast—five stars preferred, honest feedback always welcome.





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