FAQ - Group Health Insurance

Group health insurance simply means that a group of people with a common interest pool their resources to purchase the best possible health insurance policy.

The most common type of group health insurance is like that, which you find at your place of employment. Typically, this group health insurance policy is partially paid for by your employer. How much paid by the employer depends entirely upon their financial needs. The group health insurance policy may use a health maintenance organization, or HMO, or it might use a preferred provider organization, or PPO, to help manage costs. It is also possible that the coverage provided by your employer is not adequate for your needs. If this is the case, you should consider purchasing supplemental insurance. This information is general in nature and should not substitute for the advice of an expert in the field.