ICHRA Decision Guide

An ICHRA lets you set a fixed monthly allowance and have each employee buy their own individual health plan. A traditional group plan hands everyone one plan and hands you the renewal. Which fits your business depends on your headcount, your budget, and your workforce.

This printable guide condenses the whole decision: how an ICHRA works in 5 steps, which employee classes can get different allowances, a side-by-side comparison table, and the questions to answer before you commit either way.

What's inside

• What an ICHRA is and the 5 steps to run one, in plain language
• Employee classes: who you can offer different allowances to
• ICHRA vs. traditional group plan in one side-by-side table
• The questions to answer before you decide

Want the full background first? Read our full ICHRA guide for Minnesota small businesses.