Buying health insurance through employer-sponsored plans is somewhat more expensive than buying your own policy individually.

Question

Question 4 options:

True

False

Answer 1

True. Buying health insurance through employer-sponsored plans can often be more expensive than purchasing an individual policy, especially when considering the employer's contributions to the premiums and the benefits that come with group coverage. However, this can vary based on individual circumstances, such as the specific employer's plan and the individual's health needs. Generally, employer-sponsored plans benefit from group rates, which can sometimes make them more affordable overall, but the individual cost can be higher depending on the specific options available.