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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.

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14y ago

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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.


What type of coverage does group health insurance provide for employees?

Group health insurance provides medical coverage for employees and sometimes their dependents, typically including services such as doctor visits, hospital stays, prescription medications, and preventive care.


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 the benefits and coverage options offered by group medical insurance plans?

Group medical insurance plans offer benefits such as coverage for medical expenses, preventive care, prescription drugs, and hospital stays. Coverage options may include in-network and out-of-network providers, mental health services, maternity care, and wellness programs. These plans provide financial protection and access to healthcare services for employees and their families.


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.


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 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.


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.


Is a new company required to cover your medical dental and vision insurance if you have cancer and you were covered with your old company?

Yes, if you're talking about Employer Group Insurance.