Healthcare costs are hitting small and mid-sized employers from multiple directions at once. Individual market premiums have climbed more than 20% nationally, according to Thatch’s 2026 Health Benefits Outlook. And Mercer reports total health benefit cost per employee is projected to rise 6.7% in 2026, the highest increase in roughly 15 years.

Just as each renewal season is different, employees are expecting more flexibility in how coverage is delivered. For employers that need both predictable costs and a competitive benefits package, Individual Coverage Health Reimbursement Arrangements, or ICHRAs, are quickly becoming part of the answer.

Read the full article here: https://hrexecutive.com/5-reasons-small-businesses-should-consider-ichras-for-health-benefits/