The healthcare industry in the United States currently faces instability and uncertainty. Despite the cooling labor market, the demand for most healthcare jobs has held steady post-pandemic, but wage growth has declined for nearly every category of healthcare worker. The industry needs tens of thousands of workers, so healthcare employers must provide high-quality benefits to attract talent.

Businesses must proactively start considering these benefits as non-negotiable to meet the demand for healthcare services.

Individual Coverage Health Reimbursement Arrangements (ICHRAs) offer an appealing way for healthcare companies like yours to offer more attractive health benefits to retain quality workers and provide the customizable benefits today’s healthcare employees expect.

ICHRAs provide cost containment in the face of rising premiums and ensure built-in ACA compliance.