Employers save $1,721/yr per employee by switching from small group to individual health insurance.
Instead of paying $569/month per employee for a small group plan, you can offer an ICHRA that reimburses employees for individual coverage at $426/month.
That's a savings of $143/month per employee — $1,721 per year. All reimbursements are tax-free for employees and tax-deductible for employers.
| County | Knox County |
| State | Kentucky (KY) |
| FIPS Code | 21121 |
| Population | 30,207 |
| Individual Premium (Bronze) | $425.76/mo |
| Small Group Premium (Bronze) | $569.19/mo |
| Monthly Savings | $143/mo |
| Annual Savings per Employee | $1,721/yr |
| Savings Percentage | 25.2% |
See how ICHRA can transform your health benefits in Knox County, Kentucky.