Workflow
"Iris by eHealth" ICHRA Solution Makes Employer Health Benefits Affordable with Personalized Coverage for Employees
EHTHeHealth(EHTH) Prnewswire·2025-01-29 14:00

Core Insights - eHealth, Inc. has launched Iris by eHealth, an Individual Coverage Health Reimbursement Account (ICHRA) solution aimed at helping employers manage healthcare costs while providing employees with personalized health plan options [1][2] Group 1: Cost Savings and Flexibility - Employers can potentially save an average of 17% on healthcare costs by utilizing ICHRA, allowing employees to select health plans that meet their unique needs [2][4] - The ICHRA model addresses the healthcare needs of diverse workforces, including geographically dispersed, seasonal, and mixed part-time and full-time employees [2] Group 2: User Experience and Support - Employers have reported satisfaction with the cost savings and the increased plan options available to employees through the individual market [3] - eHealth provides comprehensive support, including no plan markups or hidden fees, and offers a free annual review of plan options [3][7] Group 3: Functionality of Iris Platform - The Iris platform allows employers to set a flat monthly contribution towards each employee's health coverage, while employees can choose plans from various top insurance companies [7] - Employees can customize their plan selections by adding preferred doctors and prescriptions, ensuring their choices align with personal healthcare needs [7]