Health Insurance Quotes FAQ

 Q: What is the difference between individual and group health insurance coverages?

A: An individual policy is purchased by you directly with the insurance company.

However, with a group health insurance policy, the group is the insured and the insurance company contracts with the group. Insurance certificates, issued to a participating member, act as your policy. Often group health insurance costs less than would have been charged had the insurance company sold individual policies to each member separately. In addition, group health insurance often contains special coverages that are not available or are very expensive on an individual basis. The purchasing power of the group makes this economically feasible, and typically why group health insurance coverage is preferred.