Employers save $2,272/yr per employee by switching from small group to individual health insurance.
Instead of paying $518/month per employee for a small group plan, you can offer an ICHRA that reimburses employees for individual coverage at $329/month.
That's a savings of $189/month per employee — $2,272 per year. All reimbursements are tax-free for employees and tax-deductible for employers.
| County | Lexington County |
| State | South Carolina (SC) |
| FIPS Code | 45063 |
| Population | 295,934 |
| Individual Premium (Bronze) | $328.67/mo |
| Small Group Premium (Bronze) | $518.03/mo |
| Monthly Savings | $189/mo |
| Annual Savings per Employee | $2,272/yr |
| Savings Percentage | 36.6% |
See how ICHRA can transform your health benefits in Lexington County, South Carolina.