Employers save $956/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 $296/month.
That's a savings of $80/month per employee — $956 per year. All reimbursements are tax-free for employees and tax-deductible for employers.
| County | Snohomish County |
| State | Washington (WA) |
| FIPS Code | 53061 |
| Population | 828,337 |
| Individual Premium (Bronze) | $295.77/mo |
| Small Group Premium (Bronze) | $375.45/mo |
| Monthly Savings | $80/mo |
| Annual Savings per Employee | $956/yr |
| Savings Percentage | 21.2% |
See how ICHRA can transform your health benefits in Snohomish County, Washington.