Group Health Insurance : Health Is Wealth is a very famous saying, and everyone tries different methods to maintain their wellbeing. However, life never follows a fixed pattern and thus, bodily injury or sudden illness can occur to anybody and may leave one both financially and physically stressed. Therefore, it is always good to have a medical insurance policy for such situations.

There are various different types of health insurance policies available in the market and group health insurance is one. A group health insurance plan is used to provide risk coverage to the people who belong to a specific group. Generally, this policy is given by employers to employees.

Group health insurance policies come in different variations and every organization can customize a plan according to the requirements of its employees. There are some group health insurance plans that cover the families of the insured people as well. So, it entirely depends upon the organization what kind of group health insurance plan it selects.

When the group health insurance is provided by the employer, then both employee and employer are supposed to be the beneficiary. This is because; the plan addresses both the parties of a group.