Understanding Insurance Policies

Making the right decision about enrolling in a group health insurance plan requires you to be informed. This means that you shouldn't make any inaccurate assumptions about group health insurance. 

The following are seven things you shouldn't assume when it comes to group health insurance. 

Group health insurance offers coverage that isn't customized like an individual plan.

Consumers sometimes think that group health insurance necessarily means a one-size-fits-all approach to health insurance.

However, group health insurance can actually offer a surprising array of customization options. Group health insurance will usually give those who enroll a variety of coverage options from which they can choose to best meet their health care needs. 

You shouldn't enroll in group health insurance if you're eligible for coverage through your spouse.

When it comes to health insurance, it's always important to carefully weigh your options. It's never good to assume that coverage available through your spouse is better than coverage through a group health insurance option available to you. 

Do your research before deciding to forego group health insurance in favor of a plan through your spouse. You might find that your group health insurance option is preferable or affordable enough that you can enroll in it in addition to benefiting from the coverage available through your spouse. 

Group insurance isn't available to groups of small numbers.

It's inaccurate to assume that you need to be associated with a large group to be eligible for group health insurance. Group health insurance is often available these days to companies and organizations with only a small number of people. 

Filing a claim on a group health insurance plan takes a lot of effort.

Do your research on the claim filing process of any group health insurance plan you're thinking of enrolling in. You're likely to find that filing a claim is as simple for a group plan as it is for an individual health insurance plan.

Group health insurance isn't available to those with preexisting conditions.

You should be able to enroll in a group health insurance plan during the enrollment period even if you have a pre-existing condition. You shouldn't assume that having a pre-existing condition will make you ineligible for coverage. 

There are many medical conditions that will be excluded from group health insurance plans.

Some consumers assume that it isn't worthwhile to enroll in a group health insurance plan because group plans are notorious for excluding coverage for certain medical conditions.

It's always important to read the fine print of any health insurance policy before enrolling. However, group health insurance should provide coverage for all the conditions that are typically covered through a standard individual health insurance plan.