Individual, Family or Group Plans

Health Insurance is offered on an individual, family or group basis. With individual and family plans one must qualify by the quality of their health. With a Group plan you must qualify by insuring a certain percentage of employees, usually 75% and the employer also is forced to pay a minimum 50% of the employees premium. The quality of health for a group plan is secondary. Group health insurance is to be issued by law regardless of health conditions. This sounds good until you realize the insurance company can charge up to 4 times the normal rate.

Most folks receive their health insurance through a group policy at work. It maybe a lot less expensive to put your dependants on a separate policy. It is common practice for the employer to pay for the employees premium but not the spouse & children. If your dependants are young and healthy you could pay a lot less for the exact same benefits on an individual or family plan. Group health insurance averages everybody by age and health conditions. Your dependants could be subsidizing the sick and old employees at your expense! Find out what it costs to insure your dependants on a separate family plan. To compare call us at 1-888-627-0968.