Monday, January 24, 2011

How much of a discount a small group employer get on my health insurance?

If I was quoted $1100 a month for individual health insurance (Premera Blue Cross) buying it myself would my small employer get a big discount if they buy it for me. How much roughly would he pay?
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Group plans are fundamentally different from individual plans. An employer can "shop around" for quotes from several health insurers based on the size of it's "group." This is what commercial insurance brokers do. The employer is not going to buy the same individual plan you were offered.
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