1. Plan documentation is required which includes a Master Plan Document, SBC and Summary Plan Description.
2. Timely and specific communication with your employees is necessary.
3. An ICHRA is subject to all ERISA non-discrimination requirements.

Please visit our Blog page for more information. Please contact us with any questions you may have.

A few additional considerations are as follows:

1. You may offer different amounts of money to different classes of employees, but those amounts cannot vary past a certain amount and the classes available are outlined in the ICHRA ruling.
2. You can offer money to an employee for medical expenses only, but those expenses must be in conjunction with a medical plan.
3. An employer may allow the employees portion of their individual premium be deducted from wages on a pretax basis.

1. Full-Time Employees
2. Part-Time Employees
3. Seasonal Employees
4. Employees covered by a collective bargaining agreement
5. Employees who have not satisfied a waiting period for coverage
6. Non-Resident aliens with no US-based income
7. Employees whose primary site of employment is in the same rating area
8. Salaried Employees
9. Non-Salaried Employees
10. Temporary Employees of a staffing firm
11. A combination of two or more of the approved classes