Employers save $4,427/yr per employee by switching from small group to individual health insurance.
Instead of paying $1007/month per employee for a small group plan, you can offer an ICHRA that reimburses employees for individual coverage at $638/month.
That's a savings of $369/month per employee — $4,427 per year. All reimbursements are tax-free for employees and tax-deductible for employers.
| County | Suffolk County |
| State | New York (NY) |
| FIPS Code | 36103 |
| Population | 1,524,486 |
| Individual Premium (Bronze) | $637.78/mo |
| Small Group Premium (Bronze) | $1006.68/mo |
| Monthly Savings | $369/mo |
| Annual Savings per Employee | $4,427/yr |
| Savings Percentage | 36.6% |
See how ICHRA can transform your health benefits in Suffolk County, New York.