0
Yes. A group policy is not much different from an individual policy when it comes to cancellations. If the group misses payments or no longer meets the underwriting guidelines the policy can be cancelled or non renewed per local regulations and contract terms.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
A Group Medical Insurance Plan is an Excellent Way to Obtain Medical Insurance Coverage?
One way to obtain medical insurance is via a medical insurance plan that is provided by an employer. Sometimes group medical insurance plans are free for the employees, and occasionally for the spouses of the employees, and there are many employers who offer medical insurance plans to their employees at discounted rates. A person who is looking for a job needs to find out if the company provides any benefits, including a medical insurance plan, for its employees. This is an excellent way to obtain medical insurance. A group insurance plan offered by a company costs less and often provides better coverage.
Is Safeco insurance a good insurance company?
Safeco insurance is a member of the Liberty Mtual Group, which is a very reputable company. Safeco provides insurance coverage options for automobiles, homes, and businesses.
If you were laid off and apply for insurance coverage on your wife's group policy do you have to answer a medical questionnaire?
Did you have coverage before? If so, then you are probably guaranteed issue into your wife's group plan - as it would be a "special enrollment" If there is a medical questionnaire - it's for determining premium, not if you will be covered
If a company has purchased group life insurance for its employees and is then acquired by another company is the group life insurance policy still valid?
Yes, until renewal time. Rarely is there a problem with keeping the same coverage, because that is a big money make for insurance companies. (group life)
What are three reasons a claim can be returned by insurance companies?
Medical expenses were incurred before insurance coverage, noncovered service deemed not a medical necessity, provider's address, PIN, or group number is missing.
Which insurance pays for delivery of a baby?
Your medical insurance would pay for the birth of a child. This is assuming that you have maternity coverage on your policy. Most group insurance policies that supply coverage to their employees do provide this coverage as any other illness. Individual insurance policies usually do not have this coverage due to the cost. There are also clauses that make you have maternity coverage on your policy for various periods of time depending on the policy.
What is bluecross blueshield insurance?
BlueCross BlueShield is a large insurance company that specializes in medical insurance for individuals, families, and employer group plans.
What are some companies that provide medical malpractice insurance?
Some of the companies that provide medical malpractice insurance are FPIC Insurance Group and the Healthcare Providers Service Organization. The Doctors Company also provides medical malpractice insurance.
What services do the Lifetime Health medical group offer?
Lifetime Health medical group offers services that provide health care service. In addition, they give health insurance and coverage to individuals and groups.
What types of coverage does Signal Insurance offer?
Signal Insurance Group, LLC is an insurance company based out of Greenville, SC. They are a full range insurance company. They offer home, auto, and other personal insurance. They offer commercial insurance as well as workers compensation insurance.
What does 4x4 insurance cover?
"There is a group called Out-In-Africa which provides 4x4 insurance coverage. 4x4 insurance coverage is set up mainly for those on safari in 4x4 vehicles. They cover loss or damage on 4x4 vehicles, trailers, motorcycles, caravans, and watercraft. They also provide medical emergency coverage."
Can your former employer terminate your medical insurance immediately after you quit their company?
Yes, if it is a group policy the company is the owner of the policy. You may qualify for COBRA coverage. Loss of coverage from your employer for any reason allows you to obtain coverage under the Affordable Care Act any time of the year. You may even qualify for premium assistance or a tax credit. Find an insurance agent that is certified to offer the plans and other options in your area.
