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What is a group insurance plan?

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Group insurance is typically offered at your job. It is a group of people paying considerably lower insurance premiums to the insurance company. Sometimes the lower premiums only apply to the employees, when you add on family members it can be expensive, depending on the size of the "group." Some employers will pay all of or a portion of the employee's premium, making it affordable to add on family members. Most of the time you will need to sign up for the insurance during an "open enrollement "period. In most cases, if you miss the open enrollment period you can't get the insurance until the next open enrollment period.
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Is pregnancy considered a preexisting condition if you move from a group insurance plan with a Mexican insurer to an American small business group insurance plan?

\n. \n Answer \n. \nCA AB 1672 aka Insurance Code 10700 et seq\n. \n- see the term ELSEWHERE below\n. \n(r) "Creditable coverage" means:\n(1) Any individual or group

When is Medicare primary under a Group Insurance Plan?

Medicare is only secondary to your group coverage if you work for a company with 20 or more employees (could be a combination of part-time and full-time, based on total number

Are proceeds from life insurance og group plan taxable?

  Usually, life insurance proceeds are free from federal taxes.   If the beneficiary is an individual person/persons, the proceeds of a life isnurance policy are tax-fr

What is the average medical deductible for group insurance plans?

  That is tough to answer. It really depends upon if you are talking about and HMO, PPO, or HSA (HDHP) style of plan and where you are located. The most common deductible

Can you be denied health insurance if you get on a group health insurance plan?

In California small group plans are guaranteed issue, which means you would not be denied. The HR person of his prospective employer would be able to tell you if they have a g

Can payment of medical benefits be coordinated between an individual medical insurance plan and a group medical insurance plan covering the same person?

Its possible but unlikely. If one policy is direct pay then both should pay as prime and essentially ignore one another. Clarification: It would be considered insurance fraud

How group insurance plans differ from individual-private plans?

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Does an employee with existing group health insurance have to enroll into Medicare at age 65 buy a supplemental plan then drop the group health insurance?

You have a choice to stay in your employer's plan or join Medicare. When you do stop working and lose your group health plan, make sure you enroll in Medicare within 8 months.

What happens if group health insurance plan in not available to you?

There are a few options: 1. Through a licensed health insurance agent, apply for an individual health policy. These are medically underwritten, meaning that your medical hi

How group insurance plans differ from individual private plans?

Generally, group plans pay for more medical services and have lower co-pays and deductibles than individual plans. Group plans also are more likely to cover mental health serv

Can you drop out of group insurance plan if you don't like it?

Yes you can drop out of a group plan.  The employer may ask you for proof that you have coverage from another source.  They will ask for this because their contract with the
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What companies offer the best group health insurance plans?

Some of the most popular and highly rated companies across the US in general for group health insurance coverage include Blue Cross Blue Shield, Cigna, and Aetna. However, in