A health insurance contract that is made with an employer or other entity and covers several people by reference to their relationship to the entity is known as a ____.

Question

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A group contract is a health insurance policy that is purchased by an employer or other organization for a group of individuals who are related to the entity (such as employees, members, or dependents). This type of insurance is typically less expensive than individual coverage and provides benefits to a large pool of people. Managed care systems, point-of-service plans, and exclusive provider contracts are all types of health insurance plans, but do not necessarily relate to group coverage.

A Health Insurance Contract That Is Made with an Employer