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Group health insurance coverage includes options such as HMOs, PPOs, EPOs, and POS plans, each with varying provider networks and cost-sharing structures. High Deductible Health Plans (HDHPs) offer lower premiums with higher deductibles, often paired with Health Savings Accounts (HSAs). Catastrophic plans provide minimal coverage with low premiums. Employers can choose between fully-insured and self-funded plans. To know more visit here https://www.capbluecross.com/wps/portal/cap/employer/shop-group-plans
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Different Types Of Group Health Insurance Coverage Group health insurance plans provide coverage to a group of people, typically employees of a company or members of an organization. This type of insurance offers several options and coverage types to suit the diverse needs of the insured group. Here are a few kinds of plans:- Health Maintenance Organization (HMO) Preferred Provider Organization (PPO) Exclusive Provider Organization (EPO) High Deductible Health Plan (HDHP) Self-Funded Plans (Self-Insured) Catastrophic Health Insurance Voluntary Benefits Fully-Insured Plans Wellness Programs