Employers save $1,321/yr per employee by switching from small group to individual health insurance.
Instead of paying $492/month per employee for a small group plan, you can offer an ICHRA that reimburses employees for individual coverage at $382/month.
That's a savings of $110/month per employee — $1,321 per year. All reimbursements are tax-free for employees and tax-deductible for employers.
| County | Cherokee County |
| State | South Carolina (SC) |
| FIPS Code | 45021 |
| Population | 56,200 |
| Individual Premium (Bronze) | $382.18/mo |
| Small Group Premium (Bronze) | $492.27/mo |
| Monthly Savings | $110/mo |
| Annual Savings per Employee | $1,321/yr |
| Savings Percentage | 22.4% |
See how ICHRA can transform your health benefits in Cherokee County, South Carolina.