Employers save $1,287/yr per employee by switching from small group to individual health insurance.
Instead of paying $449/month per employee for a small group plan, you can offer an ICHRA that reimburses employees for individual coverage at $342/month.
That's a savings of $107/month per employee — $1,287 per year. All reimbursements are tax-free for employees and tax-deductible for employers.
| County | Newberry County |
| State | South Carolina (SC) |
| FIPS Code | 45071 |
| Population | 37,918 |
| Individual Premium (Bronze) | $342.05/mo |
| Small Group Premium (Bronze) | $449.31/mo |
| Monthly Savings | $107/mo |
| Annual Savings per Employee | $1,287/yr |
| Savings Percentage | 23.9% |
See how ICHRA can transform your health benefits in Newberry County, South Carolina.