Individual vs. Group Health Plans
Individual vs. Group Health Plans
There are first some basic fundamentals about insurance.
The first one is that Insurance is by definition the method
of reduction of risk by spreading the risk to many people.
There is a law of large numbers that is applicable for any
Insurance to work. The Insurance companies use mortality
tables and actuaries keep detailed data on Health trends as
well as Life expectancy. So therefore If you are one person
looking for specific type of Insurance, then you might have
a very high premium. However if you are just like or very
similar to a large group of people seeking Insurance for
a common thing like Life Insurance, then your premiums
will be lower. Health Insurance is based mostly on Family
history and risks that are known, either by you answering
a question on the application, or from past Dr. visits and
past medical history. So if 7 people from your family have
all passed away from Heart Disease, then expect your
premiums to be higher. The most important thing with
any Insurance policy is to have a great agent. You can find
one at Comrade Financial Group. Then once you get a
policy, read, read, read and then ask plenty of questions.
Just remember that no question is a stupid questions. It’s
your Life, It’s your Health so step up and educate yourself.
Thanks again for supporting my agency and my blog and I
will be happy to answer any questions that come my way.
Jack Fleming Ins. Broker
Maryland Health Insurance
Maryland Health Insurance
Comrade Financial Group is the best and only place
you need to go for a free instant online quote for Health
Insurance. The advent of new quoting technology to
allow the customer instant access to multiple Insurance
carriers are now available for easy access. If you are
self-employed, leaving a job, transferring to a new
job and there will be a gap in coverage, there is no
need to worry. The professionals over at Comrade
Financial Group can help. A Veteran owned and operated
Insurance agency is there for you when you need us
and won’t bother you when you don’t. Heath Insurance
is just what it is. When we are young, you never really
worry about your health until you start to feel a little
different. That small change in energy level, or sleep
schedule are warning signs to get a check up. Health
Insurance in Maryland is pretty similar to other states
but we have 270 North and the Beltway, both which
are dangerous. On top of that, all of that stress from the
commute each day, so take care of yourself, eat right
get affordable Health Insurance in Maryland and
call Comrade Financial Group for a free no hassle
quote.
take care
Jack Fleming Ins. Broker
