Individual Coverage Health Reimbursement Arrangements (ICHRAs) are growing, though at a relatively slow pace. They allow employers to provide their employees with tax-free money so they can purchase their own individual health insurance plans.

During a Monday session at the HLTH Conference in Las Vegas, Centene CEO Sarah London shared her thoughts on ICHRA, calling it the “future of individual health insurance.”

“For me, the underlying thesis [of ICHRA] was driven by a belief, whether you’re talking about health insurance or health care consumption broadly, that individuals are going to demand an increasing amount of agency in their health care journey,” she said. “They are going to want access quickly, conveniently.”

She added that ICHRA allows employees to pick the plan that actua

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