Todd Stead in Benefits News offers six questions employers and benefits advisers should consider before choosing an ICHRA. He notes the individual coverage solution is a "hot topic and potential solution" to "the pain of rising healthcare costs is real and far reaching."

Referencing Kaiser Family Foundation data, he shares:

• employer premium contributions increased 20% last year, 
• WTW estimates that 54% of groups expect that they will be over budget on healthcare spending in 2023. 
• family premiums have risen 43% more than earnings (38%) and more than inflation (25%) in the past 10 years.

For the six questions, click here.