Individual Market

Individual market means the market for health insurance coverage offered to individuals other than in connection with a group health plan. Unless a State elects otherwise in accordance with section 2791(1)(B)(ii) of the PHS Act, such term also includes coverage offered in connection with a group health plan that has fewer than two participants who are current employees on the first day of the plan year. Source: [https://www.law.cornell.edu/definitions/index.php?width=840&height=800&iframe=true&def_id=4ff0e4ffd9d19015ed3bf2a537d65c45&term_occur=999&term_src=Title:26:Chapter:I:Subchapter:D:Part:54:54.9802-4#:~:text=Individual%20market%20means%20the%20market,with%20a%20group%20health%20plan](https://www.law.cornell.edu/definitions/index.php?width=840&height=800&iframe=true&def_id=4ff0e4ffd9d19015ed3bf2a537d65c45&term_occur=999&term_src=Title:26:Chapter:I:Subchapter:D:Part:54:54.9802-4).