Distinguishing Between Small Group and Large Group Health Insurance
Generally, for employees, insurance policies that provide coverage to a group of individuals under one policy are chosen by employers at the organisation. These insurances are referred to as group health insurance. It offers coverage for various risks such as health, life, disability, and sometimes even property and liability. By pooling together a large number of individuals into one insurance plan, group insurance often provides more affordable premiums and broader coverage compared to individual insurance policies. Choosing between a small and large group insurance depends on various factors. One needs to understand about it to make an informed decision. What...
