Offering group health insurance is an effective way to make your employees feel comfortably cared for, but it isn’t always an uncomplicated process. In fact, group health insurance is a relatively complicated topic, and it’s one that many employers have some trouble understanding fully. I’m here to provide answers to a few of the most commonly asked questions regarding group health insurance. If you’re an employer or an employee seeking information about group health insurance so that you can improve coverage at your workplace, you’ll find some answers here.
One of the most often-asked questions people have about group health insurance is: who regulates it? This question used to have a simpler answer: most group health insurance was governed at the state level. However, the ACA has involved the federal government in regulating many types of health insurance, and it remains to be seen whether impending changes to healthcare laws in the United States will affect that. Now though, learning about the role various levels of government play in the regulating process can provide you with the knowledge you’ll need to understand or make informed decisions about group health care.