Employers save $2,195/yr per employee by switching from small group to individual health insurance.
Instead of paying $511/month per employee for a small group plan, you can offer an ICHRA that reimburses employees for individual coverage at $328/month.
That's a savings of $183/month per employee — $2,195 per year. All reimbursements are tax-free for employees and tax-deductible for employers.
| County | Lake County |
| State | Indiana (IN) |
| FIPS Code | 18089 |
| Population | 497,682 |
| Individual Premium (Bronze) | $328.38/mo |
| Small Group Premium (Bronze) | $511.32/mo |
| Monthly Savings | $183/mo |
| Annual Savings per Employee | $2,195/yr |
| Savings Percentage | 35.8% |
See how ICHRA can transform your health benefits in Lake County, Indiana.