Is there a downside to buying individual health insurance?

Answer:
Individual health insurance is ideal for single individuals. If you are married or have a family, it is much more cost effective to purchase a family plan instead of individual policies. The only time it may benefit a family to purchase a separate policy for an individual is if one person is at very high risk individual. Their risks will raise the rates of the entire policy. For this reason a single policy could be purchased for them.
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