Group Health Insurance

A group health insurance, or also called an employer-sponsored plans is a type of medical insurance designed for employees or members of a company or organization. Typically, a group health insurance plan provides health insurance coverage to its members at a lower cost since the risk to insurance companies is spread across the members of the health plan. Businesses purchase group health insurance plans in order to provide an extra benefit to their employees and help retain their top talent. In general group health insurance plans require a 70% participation rate, group members or employees have the choice of enrolling in or declining the health coverage, the cost of the group insurance plan is shared between the company and its employees. Family members and dependents can also be included in the plan at an additional cost. Panel Development Partners agency have a strong and knowledgeable team that will be able to provide you with quality options and strategies that most insurance agencies will not. Take the first step and send us an email to group@wearepdp.com or call us at (305) 723-9243.