Employers save $1,079/yr per employee by switching from small group to individual health insurance.
Instead of paying $402/month per employee for a small group plan, you can offer an ICHRA that reimburses employees for individual coverage at $312/month.
That's a savings of $90/month per employee — $1,079 per year. All reimbursements are tax-free for employees and tax-deductible for employers.
| County | Botetourt County |
| State | Virginia (VA) |
| FIPS Code | 51023 |
| Population | 33,734 |
| Individual Premium (Bronze) | $312.39/mo |
| Small Group Premium (Bronze) | $402.27/mo |
| Monthly Savings | $90/mo |
| Annual Savings per Employee | $1,079/yr |
| Savings Percentage | 22.3% |
See how ICHRA can transform your health benefits in Botetourt County, Virginia.