Choice Enrollment Blog
Group health insurance is insurance that covers a defined group of people, like for example, the members of a society or professional association, or the employees of a particular employer. There are many ways to get group health insurance through organizations or associations. Therefore, anyone is eligible to purchase this kind of insurance even if you are self-employed or don’t work in any company that offers group health insurance.
Group insurance may offer life insurance, health insurance, and/or some other types of personal insurance. The good thing about this kind of insurance is that there is a small chance of getting declined over coverage, plus the coverage has major benefits. They also tend to have lesser deductibles than the individual health care.
Group Coverage for One or Two
In some states, including New York, Massachusetts, Florida, Colorado and Washington, they allow groups of as little as one person to be eligible for group health insurance. In other states like California and New Jersey, they allow two-person businesses to buy group insurance for one or both of the people in the group.
Generally, an employer must offer coverage to all full-time employees. In order to be eligible for group insurance in any state, recipients have to have documentation that they have a business. Moreover, any dependents of eligible employees are also eligible for coverage under a group plan. According to the Affordable Care Act, group insurance plans are required to extend coverage to adult dependents through age 26, where the adult dependent’s employer does not offer coverage.
Associations and Membership Organization Coverage
It is general knowledge that an association or membership organization is a group created to support the interests of people in a specific industry or trade. Therefore, in order to obtain health insurance through a membership organization, you must be eligible to join and share the organization's interests.
Depending on the organization, group health insurance may vary, although it does have the advantage of having lower premiums because you will be pooled in with the other members. You may shop around and compare health insurance rates and decide which organization to choose, taking into consideration the cost of annual membership fees as well.
Even if you are self-employed or don’t work for a company, you may still have the health insurance you need through group health insurance with a coverage that includes all the major benefits, not to mention much smaller deductibles than individual health care.
If you want to know more about health insurance, you may contact us at (719) 481-1616 or visit our office today. Choice Enrollment is dedicated to assisting you in choosing the right health insurance plans that best fits your needs and budget. You may get a free quote from us by clicking here.