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Individual Market
Practical Law Glossary Item 4-505-1681 (Approx. 2 pages)
Glossary
Individual Market
The market for health insurance coverage offered to individuals other than in connection with a group health plan sponsored by an employer. In the individual market, the individual's or the consumer's:
- Entire premium is paid without the benefit of an employer contribution.
- Eligibility for coverage is not connected to employment status.