Employers save $1,167/yr per employee by switching from small group to individual health insurance.
Instead of paying $375/month per employee for a small group plan, you can offer an ICHRA that reimburses employees for individual coverage at $278/month.
That's a savings of $97/month per employee — $1,167 per year. All reimbursements are tax-free for employees and tax-deductible for employers.
| County | King William County |
| State | Virginia (VA) |
| FIPS Code | 51101 |
| Population | 17,845 |
| Individual Premium (Bronze) | $278.00/mo |
| Small Group Premium (Bronze) | $375.26/mo |
| Monthly Savings | $97/mo |
| Annual Savings per Employee | $1,167/yr |
| Savings Percentage | 25.9% |
See how ICHRA can transform your health benefits in King William County, Virginia.