Employers save $963/yr per employee by switching from small group to individual health insurance.
Instead of paying $312/month per employee for a small group plan, you can offer an ICHRA that reimburses employees for individual coverage at $232/month.
That's a savings of $80/month per employee — $963 per year. All reimbursements are tax-free for employees and tax-deductible for employers.
| County | Kent County |
| State | Maryland (MD) |
| FIPS Code | 24029 |
| Population | 19,289 |
| Individual Premium (Bronze) | $232.18/mo |
| Small Group Premium (Bronze) | $312.45/mo |
| Monthly Savings | $80/mo |
| Annual Savings per Employee | $963/yr |
| Savings Percentage | 25.7% |
See how ICHRA can transform your health benefits in Kent County, Maryland.