Choosing group health insurance can save you money. In Small Group Health Insurance, insurers can’t use a group’s medical history to set premiums for ACA-compliant small-group plans, and premiums for older employees cannot be more than three times those for younger employees.
In a small group, rates are age-based. That is, employees and dependents will be charged various amounts based on to what age group they belong. A younger person generally pays less, sometimes significantly, than someone older.