Employers save $1,553/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 $440/month.
That's a savings of $129/month per employee — $1,553 per year. All reimbursements are tax-free for employees and tax-deductible for employers.
| County | Laurel County |
| State | Kentucky (KY) |
| FIPS Code | 21125 |
| Population | 62,442 |
| Individual Premium (Bronze) | $439.79/mo |
| Small Group Premium (Bronze) | $569.19/mo |
| Monthly Savings | $129/mo |
| Annual Savings per Employee | $1,553/yr |
| Savings Percentage | 22.7% |
See how ICHRA can transform your health benefits in Laurel County, Kentucky.