Owner/Insurance Broker, KM Health Insurance Services, Hazel Crest, Illinois
There's several different answers. Group health benefits are normally benefits for the employees of a company, the company employees being "the group". Sometimes there may be a "group"catagory on your individual insurance card and in that case, it is simply a catagory for identification for the insurance company or vendor. For an example group number 2563 may be code for a specific state.
Agent Owner, Gilmore Insurance Services, Marysville, Washington State
What constitutes a group for health insurance? It may vary from state to state as to what defines a group. Usually what isn't considered a "group" are people joining together for the primary purose of obtaining insurance.
Since states are involved in the process, I will cite mine. In my state a "group" can go down to 1 person. Yep, a group of one. That said, in order to get covered, the group must show that it is a group for tax purposes and the individual must dervive 75% of their income from the business.
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Since states are involved in the process, I will cite mine. In my state a "group" can go down to 1 person. Yep, a group of one. That said, in order to get covered, the group must show that it is a group for tax purposes and the individual must dervive 75% of their income from the business.