How can an organization budget for the costs of comprehensive insurance coverage for all exchange participants and/or broader coverage options for participants with pre-existing conditions?
Organizations may find it advantageous to join with an affiliated institution or similar organizations to purchase insurance coverage together in order to spread the costs of comprehensive coverage over a greater number of participants. However, an affiliation may not be created for the sole purpose of purchasing insurance together. If an association or consortium exists for other purposes, such as a coalition of community colleges, that organization may be able to purchase insurance at group rates.
Related Questions
- How can an organization budget for the costs of comprehensive insurance coverage for all exchange participants and/or broader coverage options for participants with pre-existing conditions?
- If an organization does not have a federally approved indirect cost rate; can the organization request indirect costs in the budget submission? If so, what is the limit?
- What coverage options are available for policies for employees of an organization?
