Generally,group insurance plans are more reasonably priced than individual policies.

Question

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Group insurance plans often have lower premiums than individual policies because the risk is spread out among a larger pool of people. Employers and other organizations can negotiate better rates with insurance companies due to their buying power and the ability to guarantee a certain number of participants in the plan. Additionally, group plans typically have fewer restrictions and lower deductibles than individual policies.

Generally,group Insurance Plans Are More Reasonably Priced Than Individual Policies