Individual Coverage Health Reimbursement Account (ICHRA)

0aa85af685a5a2a1557b96019cc92ee6.jpg?ixlib=rb 1.1

A new cost-saving tool, courtesy of your employer.

The Individual Coverage Health Reimbursement Arrangement (ICHRA) gives employees greater choice and flexibility to pick a health insurance plan that fits their needs. With an ICHRA, employees can get reimbursed for individual health insurance premiums and certain medical expenses, determined by their employer.

How does it work?

  1. Employees choose the health insurance plans they want
  2. Employees pay their premiums using an Ameriflex card, or
  3. They pay their premiums out of pocket and submit a claim form for reimbursement
  4. Employees get reimbursed for eligible claims paid out of pocket

Items to Note

  • Employees and dependents must have coverage under an individual health insurance policy to be eligible for the ICHRA.
  • An ICHRA can be used in conjunction with a flexible spending account (FSA).
  • If an employee participates in the ICHRA, they are no longer eligible for premium tax credits. Being offered an ICHRA, regardless if the employee participates or not, may render an employee ineligible for the premium tax credit as well.


What expenses are reimbursable?

Your employer determines qualified medical expenses. This can include individual health insurance premiums and qualified medical expenses.

What’s the maximum amount I can be reimbursed by the ICHRA?

It varies by employer. Check with your HR team for plan specifics.

How do I access my account information?

You can create an online account and/or download the Ameriflex mobile app to track your spending and submit claims. To set up your account, visit

Easily access and manage your HRA funds.

Quickly and conveniently pay for qualified medical expenses with your MyAmeriflex Card. When swiped at eligible merchants, the funds will be automatically be withdrawn from your HRA account and (in most cases) eliminates the hassle of having to verify the eligibility of an expense later on.

Convenience and award-winning customer service – right at your fingertips! With the MyAmeriflex Mobile App, you can access your account from anywhere. Check your account balance, right from your mobile phone.

Account management just got easier. By logging into MyAmeriflex, you can gain access to resources aimed at helping you maximize the value of your HRA plan. In addition to managing all aspects of your account, you can also access interactive how-to’s, spending calculators, and more.