Which of the following is NOT a reason why group insurance rates are typically lower than individual rates?

Question

Quizplus · Accepted Answer

Disbursement of costs amongst the group is not a reason why group insurance rates are typically lower. Group insurance benefits from economies of scale, risk pooling, and greater bargaining power, but disbursement of costs is more about how costs are shared within the group rather than a factor that lowers rates.

Which of the Following Is NOT a Reason Why Group