Employers save $2,311/yr per employee by switching from small group to individual health insurance.
Instead of paying $513/month per employee for a small group plan, you can offer an ICHRA that reimburses employees for individual coverage at $320/month.
That's a savings of $193/month per employee — $2,311 per year. All reimbursements are tax-free for employees and tax-deductible for employers.
| County | Madison County |
| State | Indiana (IN) |
| FIPS Code | 18095 |
| Population | 130,545 |
| Individual Premium (Bronze) | $320.30/mo |
| Small Group Premium (Bronze) | $512.91/mo |
| Monthly Savings | $193/mo |
| Annual Savings per Employee | $2,311/yr |
| Savings Percentage | 37.6% |
See how ICHRA can transform your health benefits in Madison County, Indiana.