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Group & Individual Insurance: Comparison Pros & Cons

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What is individual health insurance?

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1. Which of these is a benefit of group health insurance?

2. Which of these is a benefit of individual health insurance?

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About This Quiz & Worksheet

Knowing what type of health insurance would most benefit you is often easier said than done. This short assessment was made to test your understanding of the differences between individual health insurance and group health insurance.

Quiz & Worksheet Goals

With this assessment, you will answer questions about:

  • What individual and group health insurance are
  • Pros and cons of individual health insurance
  • Who benefits the most from individual health insurance

Skills Practiced

Some of the skills you will need to complete this assessment include:

  • Defining key concepts - ensure that you can accurately define main phrases, such as individual health insurance
  • Distinguishing differences - compare and contrast topics from the lesson, such as individual and group health insurance
  • Knowledge application - use your knowledge to answer questions about pros and cons of these two plan types

Additional Learning

Improve your understanding of health insurance options by completing the lesson called Group & Individual Insurance: Comparison Pros & Cons. After this lesson you should have a better understanding of the material of the assessment and:

  • Legislation of 2014 that guaranteed acceptance into individual health insurance policies
  • Sources of group health insurance
  • What a premium is
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