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GROUP HEALTH INSURANCE
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GROUP INSURANCE IS WRITTEN TO PROVIDE COVERAGE TO DEFINED MEMBERS OF A GROUP. WHEN GROUP INSURANCE IS WRITTEN, THE SPONSORING ORGANIZATION IS THE POLICYHOLDER AND EXERCISES CONTROL OVER THE PLAN. A MASTER POLICY IS ISSUED TO THE SPONSORING ORGANIZATION WITH EACH INDIVIDUAL EMPLOYEE RECEIVING A CERTIFICATE OF INSURANCE AS EVIDENCE OF GROUP INSURANCE. RATES WILL BE BASED ON THE GROUP AS A WHOLE, RATHER THAN INDIVIDUAL RATES. |