What are the advantages of Texas group insurance over Texas individual insurance?
For an employer that intends to provide insurance protection to its employees, the group approach ensures that all employees, regardless of health can be covered. Those with known health problems, who might otherwise be unable to obtain Texas individual insurance, can be covered automatically upon employment without evidence of insurability. Although some limits may be imposed on new hires for certain conditions that predate their enrollment in the plan, most employees can receive coverage as soon as they are eligible. Group insurance offers a lower cost per unit of protection than a Texas individual health plan, because the economies of scale resulting from selling, installing and servicing one plan covering many individuals. In addition, group plans are typically more flexible and tend to provide more liberal benefits than individual coverage.
