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Nonsense. It's cheaper to sell and administer one group policy that covers 10,000 individuals than do this for 10,000 individual policies.
by pasttense01 7y ago
Nonsense. It's cheaper to sell and administer one group policy that covers 10,000 individuals than do this for 10,000 individual policies.
- bhupy 7y agoThose 10,000 individual policies are paid for out of a shared pool of risk. The payer administers it the same way they administer a group plan. It is literally identical to a group of 10,000 individuals. I work in health insurance.