Employers save $1,115/yr per employee by switching from small group to individual health insurance.
Instead of paying $422/month per employee for a small group plan, you can offer an ICHRA that reimburses employees for individual coverage at $329/month.
That's a savings of $93/month per employee — $1,115 per year. All reimbursements are tax-free for employees and tax-deductible for employers.
| County | McHenry County |
| State | Illinois (IL) |
| FIPS Code | 17111 |
| Population | 311,133 |
| Individual Premium (Bronze) | $329.06/mo |
| Small Group Premium (Bronze) | $422.00/mo |
| Monthly Savings | $93/mo |
| Annual Savings per Employee | $1,115/yr |
| Savings Percentage | 22% |
See how ICHRA can transform your health benefits in McHenry County, Illinois.