ICHRA: ACA Compliance Without the Downsides
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Since the Affordable Care Act’s employer mandate was first enacted Jan. 1, 2015, staffing companies have struggled to balance compliance with the best interests of the temporary workers they serve. Individual coverage health reimbursement arrangements (ICHRAs) have recently been introduced as another ACA compliance option, allowing applicable large employers to meet their employer mandate requirements by reimbursing workers for a portion of the monthly cost of qualified individual medical coverage.
In this webinar, Marco Nunez of Essential StaffCARE will review the key factors that staffing firms should consider when selecting their ICHRA model.
During this webinar, attendees will learn
- What challenges staffing firms most commonly experience with ACA compliance
- How the staffing industry’s high turnover drives up the cost of group major medical coverage
- Why overall plan costs are lower and benefits richer on government-backed exchange plans
- How to determine which ICHRA model (premium-only ICHRA or spending account ICHRA) is the right solution for your staffing company
Vice president, operations, Essential StaffCARE
As ESC’s vice president of operations, Nunez leverages more than 20 years of experience in management, national politics, and a spectrum of communications disciplines to ensure the successful implementation of ESC initiatives. He is co-parent to three amazing children and lives in Greenville, SC, with his partner, Julie.
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