Group Health Insurance in Rockville Centre, New York

Group health insurance plans are an effective way to help ensure that employees or members of your organization are protected from life’s unexpected health-related incidents. Group health plans can also help qualifying employers comply with health coverage requirements.

What Is a Group Health Insurance Plan?

A group health insurance plan provides coverage to many people, usually all of a company’s employees or members of an organization. Members of a group health insurance plan typically benefit from insurance at a reduced rate because the insurer’s risk is spread across many policyholders. Many employers also provide voluntary benefits, such as dental coverage, vision coverage, pharmacy coverage and a health savings account (HSA).

Benefits of a Group Health Insurance Plan

The following are a few of the benefits of group health insurance plans:

• Group health insurance plans are more cost-effective compared to individual plans.
• Companies with group health insurance plans can help employees stay healthy and productive.
• Robust health insurance benefits can attract talent to companies.
• Group health insurance plans may provide tax benefits to employers and employees.

How Does Group Health Insurance Work?

Group health insurance plans are typically purchased and set up by companies and organizations as a benefit to their members or employees. Usually, a certain percentage of the company or organization must opt into the plan for it to remain valid. When an organization offers group health insurance, employees or members can accept or decline coverage. 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/or dependents for an added cost.

Learn More About Group Health Insurance

Call United Benefit Solutions, LLC today to learn more about how group health insurance may benefit your organization and to get a quote.