Maybe.

At a high-level, these new health reimbursement arrangements are a superior model compared to traditional employer-based plans. How it might be implemented for a particular client will depend on a lot of local market factors and what you or your client care most about when it comes to benefits.

The following chart provides a summary of where ICHRA wins and loses compared to a traditional group plan. We’ll then dive into a few key areas below.

This guide will cover everything you need to know about enrollment periods for small businesses and when you can get employees on board.

ICHRA		Traditional Group Plan
Cost control Define your benefit budget and stick with it. No more surprise group increases year after year.		Provider Networks

What Are Small Business Health Insurance Enrollment Periods?

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