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Group health insurance plans provide medical coverage to a group of members usually composed of business employees or members of an association. Group health members generally obtain insurance at a lowered cost because the insurer risk is spread across a group of policyholders. To know more visit here https://www.capbluecross.com/wps/portal/cap/employer/shop-group-plans
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What Is A Group Health Insurance Plan? Group health insurance plans provide medical coverage to a group of members, usually composed of business employees or members of an association. Group health members generally obtain insurance at a lowered cost because the insurer’s risk is spread across a group of policyholders. Group members obtain insurance at a decreased cost because the insurer’s risk is spread across a group of policyholders. Employers can appreciate favorable tax benefits for presenting group health insurance to their employees. Plans generally need at least 70% participation in the plan to be valid. Premiums are split between the association and its members.
