Health insurance is something that everyone is talking about and that many people have real issue with when it comes to fully understanding. That being said, there are a great number of different types of health insurance to deal with and one that is very common is group health insurance. For those in the Goldsboro, NC area, the agents with Wayne Realty & Insurance Co Inc. can help you find the policy that is right for you.

So what is group health insurance? For starters, this type of insurance is only available through an employer for specific reasons. Group insurance is a policy type that is offered to employers that offer their employees health benefits.  A group policy is going to consist of the main provider, the main facility or entity ( your employer) and the individuals that make up the group.

The more people that are in the group, the bigger the discount for the employer, and the better rates that the employees are able to get. Say you work for a business that has 200 employees. The employer has the chance to take out a group policy for those 200 employees for which they will get a discounted rate for having a larger group than they would if they took out an individual policy for each employee. As a result, the employer can then offer the insurance to the employee at a discounted rate as well so that they are covered and so that the employer meets their legal requirements for offering insurance.

This is a great way to really make sure that employers and employees are both covered and that everyone gets the insurance they need without having to spend thousands of dollars each month to do so. For those in the Goldsboro, NC area, the agents with Wayne Realty & Insurance Co Inc. can help.