Individual Health Insurance Plans
There
is truth to the old cliché 'there's strength in numbers', especially
when discussing health insurance. Health insurance that is part of a
business or 'group plan' is typically more affordable and provides a
richer benefit structure. As part of a group plan, you can enjoy a
significant discount on premiums as well as comprehensive policies.
But
if you leave that job — or start another one that doesn't offer health
insurance — you may be surprised at just how expensive the same coverage
is when you buy individual health insurance. ("Individual" means
the insurance is not connected to a business or to the self-employed.
You can purchase an "individual" policy that covers your whole family.)