California Group Health Insurance
What is a Group Health Insurance?
Basically if you are part of a group or working for a company or an employer in California it is possible that you already have this type of insurance coverage.
A group health insurance is an insurance that covers a certain group of people or community. It is a health care coverage plan that includes a group of individuals under one “Master Policy”. These master policies are usually issued to employers or businesses by an insurance company. A group health insurance is common to having a premium that is not risk-based. The cost of the group insurance plan is pretty much the same for every individual regardless of their age, sex or condition.
One recognizable fact on acquiring a group policy is that they are affordable and less expensive than individual policies. Also with the large number of people enrolled to such policy, there are more benefits and services available for the person. Paying individually for a group insurance policy can be done by a flexible payroll deduction, or the company can handle all the payments or premiums of the policy as a benefit for the employees.
By getting a California Group health insurance policy you are covered with different kinds of benefits. Some of these are medical care, health care, extensive care, and other benefits that are important for a person. Some group insurance policy may or may not cover an individual’s family.
The California law provides protection in acquiring health plans for a group policy holder. These rules protect small employers who buy health coverage for their employees.
The specific protection that apply for this groups are:
- Guaranteed Issue
- Guaranteed Renewal
- Rating Protections
- Allowable Rating Factors
- Portability-Limitations on the use of pre-existing condition exclusions
- Marketing Provisions
- Enforcement
It is vital and helpful for an individual to have these rules and protection under the Group Health Insurance policy and the California Law.
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