group health insurance

Group health insurance is a type of health insurance policy that covers a group of people, typically employees of a business, under a single policy. It provides medical coverage for a variety of services, including hospitalization, doctor visits, prescription drugs, and preventive care. Group health insurance is typically less expensive than individual policies, as the risk is spread among the group. It is a popular employee benefit offered by many businesses as part of their benefits package, and it helps attract and retain top talent, improve employee health, offer cost and tax benefits, and simplify administration.