Introduction
Health insurance is an effective way for you to safeguard yourself from high costs of getting medical treatment. Group health insurance, which is also referred to as group insurance, is insurance that is available to members of a certain group, and they include company employees or members of specific associations such as a church. Group insurance church provides an affordable way to get quality health care coverage. This is because the insurance company will spread the risk across many participants, and this makes group insurance to be lower as compared to getting an individual coverage. When a church has group coverage, all the benefits of the insurance can be applied to all its members.
First 3 Facts
The first thing that concerns insurance church is that many people get coverage for their health care through the employer group plan, and this is similar to what is offered to churches. In this regard, any organization, such as an association or a fraternity that has been created for a common cause, can make an application for group insurance. This is according to US Department of Labor. Churches are categorized as associations, and this means that they are eligible for group insurance. Group insurance church can provide coverage for church employees and individual church members.
Secondly, the fact that insurance church has reduced risks allows the insurance companies to forego some procedures for medical underwriting. For instance, insurance companies will not require the applicants to take a physical exam or to provide their medical history. This is according to an insurance website known as USA-Health Insurance. Instead, the insurance companies will calculate their premiums on the general characteristics through looking at factors that are common within a group. Such characteristics include age as well as occupational hazards.
Thirdly, group insurance church will cover a group of people, and this includes all the members of the church, under one plan. What this means is that the premium rates for an individual will be lowered compared to such a member getting individual insurance. While the group insurance plan provides a low cost health coverage for a church, its ability to provide personalized coverage for the members of the church depends on the insurance that the church has decided to buy.
Fourth
Fourthly, insurance church has some rules guiding eligibility to participate in such an insurance plan. If you apply within specified time frame, you will get better rates. For a church, the enrollment period is within your first thirty days of becoming a member of the church. However, this is not cast in stone, and it can vary from one insurance company to another. This period can also vary depending on the type of coverage that is purchased.
Fifth
The fifth aspect concerns when you enroll for insurance church outside of the period for enrollment. The same procedure that is required when purchasing individual coverage will be applicable. This includes taking a physical exam, filling in health questionnaires, and providing the insurance company with documentation of your past medical history.
