Health insurance premiums are less expensive if there is a large group of insured participants.

Question

Quizplus · Accepted Answer

Health insurance premiums are based on the risk pool of insured participants. The larger the group, the more spread out the risk and the less expensive the premiums can be for each individual. This is why group health insurance plans offered by employers or organizations often have lower premiums than individual plans.

Health Insurance Premiums Are Less Expensive If There Is a Large