Individual coverage health reimbursement arrangements (ICHRAs) are a popular benefit for companies of all sizes looking to reimburse their employees for individual health insurance and medical expenses. Many business owners wonder "Am I allowed to participate too?"
As with many IRS rules, the answer depends. In the infographic below, you can see what kinds of business owners are or are not eligible to participate in the ICHRA and when.
Infographic: Business owner eligibility under an ICHRA
480 E. Winchester St. Suite 230 — Salt Lake City, UT 84107
Disclaimer: The information provided on this website is general in nature and does not apply to any specific U.S. state except where noted. Health insurance regulations differ in each state. See a licensed agent for detailed information on your state. PeopleKeep, Inc. does not sell health insurance.