Numbers talk, particularly when you're buying health insurance. As part of a group plan, you can enjoy a significant discount on health insurance premiums as well as comprehensive policies.
But remember that if you leave your job you may be surprised at just how expensive the same coverage is when you have to buy individual health insurance because your new place of work does not offer a group health insurance health insurance scheme.
There is also no guarantee that an insurer will take you on. That's because unlike group plans, if you have health problems, individual health insurance plans are medically underwritten and the insurer may reject your application or attach exclusions to your policy.
Your premiums are still likely to be substantially higher. People enrolled in individual health insurance plans pay premiums that are more in line with their expected health costs, so the premiums will be higher for those who are older or less healthy. To find out what your rights are, contact your state insurance department. Look for the contact information of various companies and do your home work well, so that you won’t be unpleasantly surprised in the future.