There are many benefits to what is called a Group health insurance plan. The most obvious is your coverage is guaranteed. All employees are automatically included in the plan. Regardless of any deterioration of your health as long as you are an employee your health insurance cannot be cancelled or the premium changed. Additionally, if you cease to be an employee, you are guaranteed medical insurance coverage for a set time (according to whatever is in the agreement) to allow you time to either continue that plan (if that options exists) or find other medical insurance coverage.

Many employers do not provide medical insurance. If you are in this circumstance, or are self-employed, you have the task of seeking affordable health insurance quotes that fits your need. These are typically referred to as Individual insurance plans. The obvious drawback is the personal expense that you must bear, as well as often the coverage is not as great – depending on your available funds. Pre-existing conditions also come into play, if you have, or have had, certain medical conditions.