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Exploring the Future of ICHRAs with Mark Mixer & Jordan Ledford
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In this episode of the Insurtech Building Blocs podcast, host Cory Schmidt welcomes Mark Mixer and Jordan Ledford of HRASimple. They dive deep into the world of Individual Coverage Health Reimbursement Arrangements (ICHRAs) and discuss the evolution of HRAs, the market drivers for ICHRAs, and the complexities involved in transitioning to this new model of employee benefits. Their conversation highlights the importance of education, technology, and the future potential of ICHRAs in the insurance landscape.
Insurtech Building Blocs is presented by AgencyBloc, the #1 Recommended Insurance Industry Growth Platform serving the benefits and senior market space with 6,500+ customers across multiple solutions within the platform. With a range of insurance-specific solutions for sales enablement, client and policy management, compliance management, quoting and proposals, and commissions management — we've got you covered.
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Chapters
1. Introduction to ICHRAs and HRAs (00:00:00)
2. Understanding the HRA Council and Its Impact (00:03:55)
3. The Evolution of HRAs and ICHRAs (00:05:52)
4. Cost Considerations Driving ICHRA Adoption (00:08:31)
5. Market Variability and ICHRA Implementation Challenges (00:11:59)
6. Modeling Costs and Employee Impact in ICHRAs (00:15:47)
7. The Role of Technology in Employee Benefits (00:20:03)
8. Navigating Individual Choices in Employee Benefits (00:24:05)
9. The Employee Journey with ICHRA (00:25:57)
10. Broker Dynamics in the ICHRA Landscape (00:27:21)
11. The Future of ICHRA and Market Trends (00:29:04)
12. Resources for Brokers on ICHRA Implementation (00:34:15)
17 episodes
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