Group Health Insurance

Group health insurance is a health insurance plan that covers a defined group of people—most commonly the employees of a company and often their eligible family members as well. Instead of each person buying their own individual policy, everyone participates in one shared plan sponsored by the employer or organization.

Key points about group health insurance:

• It is usually offered and partly paid for by an employer or association.
• Employees (and sometimes their dependents) can enroll in the plan, often at a lower cost than buying coverage on their own.
• Coverage typically includes medical services such as doctor visits, hospital care, preventive care, and prescriptions, depending on the specific plan.
• Because risk is spread across the whole group, premiums and eligibility can be more favorable than for individual policies.