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Georgia Health Insurance news

The type of health insurance recognizable to most consumers is group coverage obtainable by an employer. With group health insurance in Georgia through your employer the policy is somewhat paid for by the company on behalf of their employees. The company will donate a large percentage toward the monthly premium and the employee will be responsible for paying the dissimilarity, about 16-27%. With group tactics you have modest choice in the precise payback of the plan (these are determined by negotiations between the company and the insurance carrier) but one also cannot be deprived of treatment under the group plan no matter what prescriptions one may take or preexisting conditions you may have.

By insuring a large group of employees together under one plan of the companyâ??s choosing, individual employees are not medically underwritten, rather the entire group is underwritten as a whole to determine the premium level everyone will pay. Therefore, the amount one pay in premiums as well as the quality of the reporting one receive are reliant not on how healthy one is or what benefits one would like to have, but how healthy your group is as a whole and what profit the company has selected for you.

Unfortunately, companies often have a waiting period before new employees can qualify to receive health insurance benefits. If this is the case with new job, consider getting a short-term policy from the point where oneâ??s earlier reporting ends to the time when oneâ??s new companyâ??s insurance kicks in. Such options are accessible through Health Plan One. Simply visit our Short-Term information page for your free quotes.

It is important not to have a slip in coverage of more than 63 days. If you do, your new insurance carter may refuse to cover treatment for pre-existing conditions you may have such as asthma or acne for up to a year after your policy goes into result. For this reason, having constant health insurance coverage is chiefly important. Notably, if you have had group health coverage in Georgia for one year (18 months for late enrollees), and you switch jobs and go to another plan, the new health plan cannot oblige another pre-existing condition barring period, provided there is no break in your reporting for more than 63 days.

This entry was posted on Tuesday, May 11th, 2010 at 5:36 am and is filed under Health Insurance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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