Employers save $1,378/yr per employee by switching from small group to individual health insurance.
Instead of paying $557/month per employee for a small group plan, you can offer an ICHRA that reimburses employees for individual coverage at $442/month.
That's a savings of $115/month per employee — $1,378 per year. All reimbursements are tax-free for employees and tax-deductible for employers.
| County | Lake County |
| State | Colorado (CO) |
| FIPS Code | 08065 |
| Population | 7,403 |
| Individual Premium (Bronze) | $442.19/mo |
| Small Group Premium (Bronze) | $557.06/mo |
| Monthly Savings | $115/mo |
| Annual Savings per Employee | $1,378/yr |
| Savings Percentage | 20.6% |
See how ICHRA can transform your health benefits in Lake County, Colorado.