North Carolina Group Health Insurance
Many Americans receive health insurance
through their jobs or enjoy its benefits
because a family member has insurance
at work. The least expensive of its
kind, this is known as group insurance.
In a number of instances, the employer
bears part or all of the cost.
Employers can offer you different types
of plans: a fee-for-service plan, a
health maintenance organization (HMO),
or a preferred provider organization
(PPO), for example. If you leave the
job, you won’t be entitled to
the employer-supported group coverage
and if you keep the same policy, you
will have to pay for it yourself.
A federal law called COBRA requires
that if you work for in a company with 20
or more employees and leave your job
or are laid off, you can continue to
get health coverage for at least 18
months at a higher premium than when
you were working.
In North Carolina, you can find many
group insurance plans as they benefit
both employers and employees. These
plans help employers attract and retain
employees while employees benefit from
lower premiums and employer contributions.
There are many licensed health insurance
companies in North Carolina and the
highly competitive market keep premiums
affordable. Because of their nation-wide
networks, many regional and national
insurance companies can provide coverage
for North Carolina business' employees
that live and work outside of North
Carolina's borders.
Group insurance programs are flexible
offering many coverage options. Employees
can be provided a fixed program or offered
a menu approach that gives each employee
the ability to select the coverage options
that best suit his/her requirements.
