Employers save $4,125/yr per employee by switching from small group to individual health insurance.
Instead of paying $671/month per employee for a small group plan, you can offer an ICHRA that reimburses employees for individual coverage at $327/month.
That's a savings of $344/month per employee — $4,125 per year. All reimbursements are tax-free for employees and tax-deductible for employers.
| County | Lake County |
| State | Ohio (OH) |
| FIPS Code | 39085 |
| Population | 232,236 |
| Individual Premium (Bronze) | $327.19/mo |
| Small Group Premium (Bronze) | $670.93/mo |
| Monthly Savings | $344/mo |
| Annual Savings per Employee | $4,125/yr |
| Savings Percentage | 51.2% |
See how ICHRA can transform your health benefits in Lake County, Ohio.