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Generally NO. In CA it's in violation of AB 1672 - Insurance Code 10700 If you're the ONLY employee that might work. If there is more employees, individual plans have the disadvantage of being medically underwritten and there is some employee now or in the future who won't be eligible. In a group plan, ALL employees are covered regardless of medical conditions. Also all "similarly situated individuals" must be treated equally. It is possible if the employer is using a Health Reimbursement Arrangement (Section 105 Plan) for all employees. As stated above, the employer can not discriminate and must treat all employees equally. Generally what they can not do is have both an employer sponsored insurance plan for some employees and an HRA plan to reimburse some employees with their own individual plan.

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Q: Can the company you work for pay your individual health insurance premium?
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Will it be cheaper to get health insurance for individuals?

The final price on your health insurance will depend on the contract that your employee has with the insurance company. Often a business will cover the majority of the price of an individual but will charge a higher premium for a family.


Can an health insurance company drop an individual health policy and or group health policy?

NO


What does the term 'premium volume' mean?

The term premium volume is a measure of in-force business in a health insurance company. In-force business refers to the aggregate total of insurance policies which are being paid that a health insurance firm has on its record.


Can a licensed insurance agent buy their own health and life insurance?

Yes and one of the benefits of buying insurance from the company you work for may be a reduced premium. == ==


How do you pay less premium in health insurance?

Generally, it's depend on the health insurance policy you buy from the insurance company. If you buy policy of high premium than of-course you have to pay a lot. so choose the policy with lower premium by comparing it with the help of platforms available in market such as Coverfox.com, policybazaar.com, policylitmus.com etc.


Can health insurance base insurance premium on gender?

No, health insurance premia is not based on gender of the insured.


What are the characteristic of health insurance?

A health insurance policy is a contract between an insurance company and an individual or his sponsor (e.g. an employer). The contract can be renewable annually or monthly. The type and amount of health care costs that will be covered by the health insurance company are specified in advance, in the member contract or "Evidence of Coverage" booklet. The individual insured person's obligations may take several forms like Premium,Deductible,co-payment etc More precisely, it is a type of insurance that protects against the risk of financial harm resulting from the insured's sickness, accidental injury or disability (although there is a distinct form of insurance usually called "disability insuance" which replaces income lost as a result of sickness or accidental injury). Health insurance can be either group or individual.


What is a group health plan?

A group health plan is a type of Health Insurance, generally offered by a company to its' employers. It allows a company to cover many people with insurance at a cheaper rate than it would be if each individual had to cover their own health insurance policy.


Difference between a deductible and a premium?

A premium is the amount of money you pay the auto/health insurance company monthly, quarterly, or biannually whether or not you get in an accident or go to the hospital. The higher your premium the lower your deductible, and the lower your premium the higher your deductible. A deductible is the amount of money after you get in a car accident or visit the hospital before your insurance company pays anything. After you have met your deductible the insurance company covers the rest of the expenses.


Does Columbus insurance offer health insurance?

"Yes, if you live in Ohio this company does offer individual as well as family health insurance. They offer insurance at an affordable rate however there is a co-pay."


Can you write off health insurance premium?

No.


Where can one find premium insurance?

When you are on the hunt for premium insurance, where to look will depend on the type of insurance you need. If you want premium health insurance you should look for companies like United Health or Wellpoint. If you are in the market for premium life insurance you should try companies like American General, or Allstate.