Employers save $1,676/yr per employee by switching from small group to individual health insurance.
Instead of paying $488/month per employee for a small group plan, you can offer an ICHRA that reimburses employees for individual coverage at $348/month.
That's a savings of $140/month per employee — $1,676 per year. All reimbursements are tax-free for employees and tax-deductible for employers.
| County | Parke County |
| State | Indiana (IN) |
| FIPS Code | 18121 |
| Population | 16,327 |
| Individual Premium (Bronze) | $348.28/mo |
| Small Group Premium (Bronze) | $487.96/mo |
| Monthly Savings | $140/mo |
| Annual Savings per Employee | $1,676/yr |
| Savings Percentage | 28.6% |
See how ICHRA can transform your health benefits in Parke County, Indiana.