ICHRA Explained: How Individual Health Coverage Is Changing Employee Benefits

About This Episode

In this episode of The Jim Stroud Podcast, Jim sits down with Eric Wissig of SureCo to unpack one of the most talked-about shifts in employee benefits today: the Individual Coverage HRA (ICHRA). Eric explains why the traditional group health insurance model is breaking down under rising costs—and how ICHRA offers a new path forward by giving employees ownership, choice, and flexibility in their healthcare, while still allowing employers to support coverage on a pre-tax basis. Together, Jim and Eric explore what this change means for workers, HR teams, brokers, startups, and large employers alike. You’ll hear a practical, plain-English discussion covering: Why group health insurance keeps getting more expensive How ICHRA works and why it launched in 2020 The pros and cons for employees, including choice, cost control, and decision fatigue What employers gain (and must watch out for) from a compliance and cost perspective How ICHRA supports workers with chronic or pre-existing conditions under the ACA Whether smaller companies can finally compete with enterprise-level benefits Non-traditional benefits, Medicare reimbursement, and what ICHRA can—and can’t—cover How this model could push the U.S. healthcare system toward true consumer choice Whether you’re an employee curious about your options, an HR leader facing skyrocketing premiums, or a broker navigating a changing benefits landscape, this episode offers a clear-eyed look at why ICHRA is gaining momentum—and where it may be headed next. * Learn more about SureCo at sureco.com * SureCo Contact Page: https://www.sureco.com/contact-us * Erik Wissig LinkedIn: https://www.linkedin.com/in/erik-wissig-833b9a3/ * SureCo LinkedIn: https://www.linkedin.com/company/sureco/ Don’t forget to rate and review the podcast—five stars preferred, honest feedback always welcome. Learn more about your ad choices. Visit megaphone.fm/adchoices