Group Benefits
Group Benefits are purchased by companies and organizations and then offered to their members or employees.
Plans can only be purchased by groups, and require at least 70% participation to be valid.
The cost of group benefits is usually much lower than individual cost because employer must contribute 50% of the premium. Group Benefits also offer medical coverage to members of an organization or employees of a company. They may also provide supplemental health plans such as dental, vision, and pharmacy separately or as a bundle.
