Employers save $1,488/yr per employee by switching from small group to individual health insurance.
Instead of paying $493/month per employee for a small group plan, you can offer an ICHRA that reimburses employees for individual coverage at $369/month.
That's a savings of $124/month per employee — $1,488 per year. All reimbursements are tax-free for employees and tax-deductible for employers.
| County | Colleton County |
| State | South Carolina (SC) |
| FIPS Code | 45029 |
| Population | 38,561 |
| Individual Premium (Bronze) | $369.37/mo |
| Small Group Premium (Bronze) | $493.38/mo |
| Monthly Savings | $124/mo |
| Annual Savings per Employee | $1,488/yr |
| Savings Percentage | 25.1% |
See how ICHRA can transform your health benefits in Colleton County, South Carolina.