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Most people receive health insurance under a group plan from

A. Individual plans.
B. Their bank or lending institution.
C. Their employer.
D. COBRA.
E. All of the above.

1 Answer

2 votes

Final answer:

Most individuals receive health insurance through a group plan from their employer. The Affordable Care Act assists those without employer insurance to buy plans in state marketplaces, while COBRA offers temporary continuation coverage. Most people receive health insurance under a group plan from:C. Their employer.

Step-by-step explanation:

Most people receive health insurance under a group plan from their employer. Private insurance is often categorized as employment-based insurance, which is coverage provided in whole or part by an employer or union and may include families. In contrast, direct-purchase insurance is where an individual buys coverage directly from a private company. The Affordable Care Act (ACA), also known as Obamacare, mandates that individuals buy insurance or face a penalty, and aids individuals without employer-provided insurance to purchase plans through state marketplaces. COBRA allows individuals to continue their employer-provided health insurance for a limited time after leaving a job, although it's not a primary source for receiving health insurance. Typically, many individuals obtain health insurance through their employers, which offer group health insurance plans as part of their employee benefits. While individual plans, COBRA (Consolidated Omnibus Budget Reconciliation Act), and other options exist, employer-sponsored group health insurance is a common and accessible way for individuals to obtain coverage.

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