Help your team pay lower premiums and receive better coverage as a group.
Group Health Insurance
Group insurance health plans provide coverage to a group of members, usually comprised of company employees or members of an organization. Group health members usually receive insurance at a reduced cost because the insurer's risk is spread across a higher number of people.
Group health insurance can help your business both by providing you and your employees with quality medical care, and by helping you attract and retain top talent.
- Chronic health condition? You don't need a physical exam.
- As long as the group members apply for insurance within a specified eligibility period, the insurance company agrees to insure all members of the group, regardless of current physical condition or health history. The only condition is that. Clearly, this is better for those with who might be unable to get individual insurance.
- In many cases, your employer or association will pick up some or all of the group insurance premium. This can make group insurance even more affordable.
- You can't customize your policy. In a group insurance situation, the provisions of the policy are negotiated between the insurer and master policyowner (usually an employer or association). You may not have the freedom to have provisions included or excluded, and your deductible amount and co-payment percentage are determined in advance. In some situations, however, you may be able to choose between two or more insurance plans.