ICHRA savings in Henrico County, VA
In Henrico County, individual silver coverage benchmarks at $520/mo versus $700/mo for small group — a gap of about $180 per employee per month, or $2,158 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 | $1,799 | $21,583 |
| 25 | $4,497 | $53,958 |
| 50 | $8,993 | $107,916 |
| 100 | $17,986 | $215,832 |
Want it modeled on your actual census and contribution? Run the estimator — it takes about a minute.
Henrico County vs the Virginia average
| Henrico County | Virginia qualifying-county avg | |
|---|---|---|
| Monthly gap / employee | $180 | $134 |
| Savings vs small group | 25.7% | 19% |
Henrico County runs $46/month ahead of the typical qualifying Virginia county — one of the stronger local cases for an ICHRA in the state. See how the whole state stacks up on the Virginia savings page or the interactive map.
Nearby Virginia counties
How Henrico County compares to other qualifying counties in the state.
| County | Individual /mo | Small group /mo | You save | Annual / employee |
|---|---|---|---|---|
| Cumberland County | $520 | $700 | 25.7% | $2,158 |
| Dinwiddie County | $520 | $700 | 25.7% | $2,158 |
| Goochland County | $520 | $700 | 25.7% | $2,158 |
| King and Queen County | $520 | $700 | 25.7% | $2,158 |
| King William County | $520 | $700 | 25.7% | $2,158 |
| New Kent County | $520 | $700 | 25.7% | $2,158 |
Methodology
Every figure on this page compares the lowest-cost silver plan for a 50-year-old in Henrico County (FIPS 51087) 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.
Henrico County ICHRA FAQs
How much can employers save with an ICHRA in Henrico County, Virginia?
For plan year 2026 the Henrico County benchmark gap is about $180 per employee per month — individual silver coverage at $520/mo versus $700/mo for comparable small-group coverage. Over a year that's roughly $2,158 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 Henrico County compared to individual plans?
The 2026 small-group benchmark in Henrico County is $700/month (lowest-cost silver, age 50) versus $520/month for the same-tier individual-market plan — the individual market prices 25.7% lower. That inversion is exactly what makes an ICHRA work here.
How does Henrico County rank for ICHRA savings in Virginia?
Henrico County ranks #7 of 109 Virginia counties with a $100+/month benchmark gap. Its $180/month gap is $46 above the Virginia qualifying-county average of $134/month.
Where does this Henrico 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 Henrico County employer?
No. The Henrico 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.
Ready to run the Henrico County numbers on your group?
Get a free, no-obligation analysis for your county and employee count.
See what your company could save
County-specific 2026 numbers, about 30 seconds, no contact info needed.
How many employees do you have?
See What My Company Could Save →30-second estimate. No contact info needed.