What is the Group Health coverage?
Group Health is medical insurance for employees or members of a business. The coverage is usually much cheaper than individual health coverage because the risk to health insurers is spread across the members of the business. There are many advantages of group health insurance, starting from the fact that it is cheaper than normal health insurance. Another advantage is that most businesses qualify for it.
What does a group health policy include?
The group health coverage covers medical bills and in some cases also the dentist and vision costs. Depending on the type of plan purchased, it can cover prescription drugs as well.
How much does a Group health insurance cost?
The cost of the Group Health policy depends on many factors, such as the age of employees, the benefits and perks included, and the business operations.
How long does a group health insurance last and how can I renew it?
Business Health insurance lasts for as long as you need it. Monthly payments are charged automatically from your account. Changes to the policy must be made on a hire/fire basis.