Employers save $1,289/yr per employee by switching from small group to individual health insurance.
Instead of paying $439/month per employee for a small group plan, you can offer an ICHRA that reimburses employees for individual coverage at $332/month.
That's a savings of $107/month per employee — $1,289 per year. All reimbursements are tax-free for employees and tax-deductible for employers.
| County | Madison County |
| State | Illinois (IL) |
| FIPS Code | 17119 |
| Population | 265,512 |
| Individual Premium (Bronze) | $331.88/mo |
| Small Group Premium (Bronze) | $439.31/mo |
| Monthly Savings | $107/mo |
| Annual Savings per Employee | $1,289/yr |
| Savings Percentage | 24.5% |
See how ICHRA can transform your health benefits in Madison County, Illinois.