ICHRA savings in Spencer County, IN
In Spencer County, individual silver coverage benchmarks at $615/mo versus $890/mo for small group — a gap of about $275 per employee per month, or $3,304 a year.
Last updated: August 17, 2026 · plan-year 2026, lowest-cost silver (age 50), same year both markets. Estimates, not quotes.
What the gap means at your headcount
Benchmark gap × employees × 12 months. Illustrations only — your contribution design sets the real number.
| Employees | Monthly benchmark gap | Estimated annual gap |
|---|---|---|
| 10 | $2,753 | $33,040 |
| 25 | $6,883 | $82,599 |
| 50 | $13,767 | $165,198 |
| 100 | $27,533 | $330,396 |
Want it modeled on your actual census and contribution? Run the estimator — it takes about a minute.
Spencer County vs the Indiana average
| Spencer County | Indiana qualifying-county avg | |
|---|---|---|
| Monthly gap / employee | $275 | $225 |
| Savings vs small group | 30.9% | 26% |
Spencer County runs $50/month ahead of the typical qualifying Indiana county — one of the stronger local cases for an ICHRA in the state. See how the whole state stacks up on the Indiana savings page or the interactive map.
Nearby Indiana counties
How Spencer County compares to other qualifying counties in the state.
| County | Individual /mo | Small group /mo | You save | Annual / employee |
|---|---|---|---|---|
| Dubois County | $615 | $901 | 31.7% | $3,430 |
| Pike County | $615 | $901 | 31.7% | $3,430 |
| Perry County | $615 | $890 | 30.9% | $3,304 |
| Brown County | $663 | $951 | 30.3% | $3,454 |
| Monroe County | $663 | $951 | 30.3% | $3,454 |
| Owen County | $663 | $951 | 30.3% | $3,454 |
Methodology
Every figure on this page compares the lowest-cost silver plan for a 50-year-old in Spencer County (FIPS 18147) across both markets for the same plan year (2026): the individual market side comes from the CMS Marketplace Public Use Files, the small-group side from Ideon's county-level rate data. We never mix plan years, tiers, or geographies. Figures are benchmark estimates — not an offer of insurance, a quote, or a guarantee of savings.
Spencer County ICHRA FAQs
How much can employers save with an ICHRA in Spencer County, Indiana?
For plan year 2026 the Spencer County benchmark gap is about $275 per employee per month — individual silver coverage at $615/mo versus $890/mo for comparable small-group coverage. Over a year that's roughly $3,304 per employee. These are estimates from public and industry benchmark data, not quotes; actual savings depend on your census and contribution design.
What does small-group health insurance cost in Spencer County compared to individual plans?
The 2026 small-group benchmark in Spencer County is $890/month (lowest-cost silver, age 50) versus $615/month for the same-tier individual-market plan — the individual market prices 30.9% lower. That inversion is exactly what makes an ICHRA work here.
How does Spencer County rank for ICHRA savings in Indiana?
Spencer County ranks #23 of 92 Indiana counties with a $100+/month benchmark gap. Its $275/month gap is $50 above the Indiana qualifying-county average of $225/month.
Where does this Spencer County data come from?
Individual-market premiums come from the CMS Marketplace Public Use Files and small-group benchmarks from Ideon — lowest-cost silver plan, age 50, same county and same plan year (2026) on both sides. Same-year, same-county, same-tier is the only apples-to-apples comparison we publish.
Is an ICHRA the right move for every Spencer County employer?
No. The Spencer County numbers favor an ICHRA on paper, but the answer depends on your group's ages, current renewal, participation, and contribution strategy. A free analysis models your actual census — and if staying on group coverage is cheaper, it will say so.
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