Are ICHRA amounts considered Employer Expenses?
It's a reimbursement for employees but should it be an expense for employers?
Thanks,
Yes, ICHRA (Individual Coverage Health Reimbursement Arrangement) amounts are considered employer expenses. Although it's a reimbursement to employees for their health insurance premiums, it is still an expense for the employer, as it is part of their compensation package. Employers can typically deduct these amounts as a business expense.
Yes,ICHRA
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