Group Health
Group Health Information
Group Health Insurance in Ann Arbor, MI & Brighton, MI
Group health insurance is a resource that can significantly benefit both a company and its employees. This insurance can enhance employee satisfaction and retention rates by demonstrating a workplace’s commitment to their well-being. Overall, investing in group health insurance is a decision that can foster a healthier, happier and more loyal workforce.
What Is Group Health Insurance?
Group health insurance provides coverage for a group of individuals, typically employees of a company or members of an organization. It is a collective insurance plan that offers health care benefits to all eligible group members, including employees and often their dependents. Employers usually purchase group health insurance plans as part of an employee benefits package, with the cost shared between the employer and the employees. These plans may help cover medical services, hospitalization, prescription drugs, preventive care and other health care expenses. Compared to individual health insurance policies, group health insurance typically offers more advantages, such as lower premiums, broader coverage options, and easier access to health care services.
How Does Group Health Insurance Work?
Companies and organizations usually purchase and set up group health insurance plans to benefit their members or employees. Normally, a certain percentage of the company or organization must opt into the plan to remain valid. Employees or members can accept or decline coverage when an organization offers group health insurance. The premiums of the plan are split between the organization and its members. Coverage may also extend to a group member’s immediate family and dependents for an added cost.
How to Get Group Health Insurance
If you are interested in discussing a group health insurance plan for your business, contact Active Insurance. We pay attention to every benefit plan for each client and program member.
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