I checked them 3 years ago and recently. Both times individual was less than half the price of group. Group must accept preexisting conditions. Individual insurance can still deny you unless you are completely healthy. That more than offsets any volume discount.
She was a nurse in an area that pays very well. What did she do with all that cash she earned over the years?
Nurses used to make squat. The rates have only shot up in the last couple of years. Medicare doesn't kick in until 65.
I don't think it's bogus at all. You do get charged double if you don't have insurance.
That depends on the state. The last time I looked over insurance premiums for IL and WI. Groups were always significantly cheaper. Individual, or family plans would only come close at best, but were always higher w/o exception. When preexisting conditions were allowed to be excluded from coverage, the situation was the same.
"Nurses used to make squat."
She worked in a high paying area. It's been that way for many decades. Unless she was a lifelong candy striper.
"Medicare doesn't kick in until 65.
Yes, she may be young enough to put her to 65. Still the story is completely bogus, as per my first 2 posts.
"Both times individual was less than half the price of group."
This doesn't even make sense. The admin costs alone to handle individual accts and the agents cut make it ridiculous. Any company would automatically buy individual plans, instead of group plans.
Not up here. The price is the same, unless the price is discounted, because the patient's in a PPO, or it's an HMO.