Employers save $1,605/yr per employee by switching from small group to individual health insurance.
Instead of paying $444/month per employee for a small group plan, you can offer an ICHRA that reimburses employees for individual coverage at $311/month.
That's a savings of $134/month per employee — $1,605 per year. All reimbursements are tax-free for employees and tax-deductible for employers.
| County | McCormick County |
| State | South Carolina (SC) |
| FIPS Code | 45065 |
| Population | 9,612 |
| Individual Premium (Bronze) | $310.60/mo |
| Small Group Premium (Bronze) | $444.37/mo |
| Monthly Savings | $134/mo |
| Annual Savings per Employee | $1,605/yr |
| Savings Percentage | 30.1% |
See how ICHRA can transform your health benefits in McCormick County, South Carolina.