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MEDICARE GLOSSARY
Employer-Sponsored Group Health Plans: These plans are offered by an employer to their employees and their dependents as part of their employee benefits package. Examples of employer-sponsored group health plans include HMOs, PPOs, and POS plans.
Association Health Plans: These plans are offered by associations, such as trade or professional associations, to their members. Association health plans may provide coverage for small businesses that cannot afford to offer health insurance to their employees.
Government-Sponsored Group Health Plans: These plans are offered by the government to certain groups of people, such as military personnel and their families, veterans, and eligible low-income individuals.
Multi-Employer Group Health Plans: These plans are offered by multiple employers who come together to provide health insurance coverage to their employees. Multi-employer group health plans are commonly used in industries such as construction and hospitality.
Group health plan
A group health plan is a health insurance plan that provides coverage to a group of people, typically employees of a company or members of an organization. Group health plans are usually more affordable and offer better coverage than individual health insurance plans because the risk is spread across a larger pool of people.Medigap / Supplement Group health plans can be offered by employers or organizations to their members, and they typically provide coverage for medical services such as doctor visits, hospitalization, and prescription medications. Some common types of group health plans include:
Group health plans may vary in terms of benefits, premiums, and eligibility requirements. It is important to carefully review the plan documents and understand the coverage and limitations of any group health plan before enrolling.
MedHelpCenter.us recommends that you call the Senior Health Insurance Agency at 813-592-8568 for further explanation.
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