ICHRA Permanency Act

# ICHRA Permanency Act Summary **What the Bill Would Do:** The ICHRA Permanency Act would make permanent a temporary healthcare rule that currently expires. ICHRA stands for "Individual Coverage Health Reimbursement Arrangement"—a program that allows employers to give employees money to buy their own health insurance on the open market instead of offering traditional group health plans. Currently, this option is set to expire, and this bill would extend it indefinitely. **Who It Affects:** This bill would primarily affect employers and employees.

Employers who want flexibility in how they offer health benefits could continue using this approach, and employees at those companies would have the option to receive reimbursement funds for individual insurance purchases rather than employer-sponsored group plans. **Current Status:** The bill is currently in committee, meaning it has been introduced but has not yet been voted on by the full House of Representatives. It was sponsored by Rep. Aaron Bean (R-FL).