ICHRA: The turnkey health benefit that’s outside the group plan box


The rising costs of health care is a burden shared by both employers and employees. Employers are facing annual rate increases at a higher rate than they’re increasing wages. In fact, from 2012 to 2021, the average annual premiums increased from $5,615 to $7,739 for single coverage, and from $15,745 to $22,221 for family coverage.

Employees are having to select from the same two or three plans with little to no change other than the higher premiums and deductibles. And that’s assuming these…

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