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What is group health insurance

Group health insurance is a type of medical insurance policy for employees or members of a company or organization. A group health insurance plan typically provides health insurance coverage to its members at a lower cost. Group health insurance plans often require a 70 percent participation rate. Group members have the choice of enrolling in or declining health coverage. To know more visit here https://www.capbluecross.com/wps/portal/cap/employer/shop-group-plans

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What is group health insurance

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  1. What is group health insurance is a type of medical insurance policy for employees or members of a company or organization. A group health insurance plan typically provides health insurance coverage to its members at a lower cost since the risk to health insurers is spread across the members of the group health plan. Group health insurance Businesses and organizations buy group health insurance plans to provide medical coverage to their employees or members. Only groups, and not individuals, can enroll in group medical insurance plans. Group medical insurance plans often require a 70 percent participation rate. Group members have the choice of enrolling in or declining health coverage To enroll in a group health insurance plan, a business needs at least one full-time or full-time equivalent employee.

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