A recent study [Willis Tower Watson survey from November 2020] found that 15% of surveyed employers concerned about budget constraints intend to adopt ICHRAs in 2022 and beyond1.
“We were spending more and more each year on group health insurance for our employees… and managing the budget for this benefit was becoming more of a hassle than a benefit,” says Julie Soekoro, CFO of Hamilton Health Care System in Dalton, GA. “HRASimple eliminated the angst of annual renewal increases… and stabilized my budget… on top of saving our organization over 7 million dollars in 2021, which saved a lot of jobs during the pandemic. For our organization, it was a genuine win-win for all involved.”
Click HERE to read full article by HRASimple, July 21, 2021.