Insurance Policy Number Vs Group Number
The group plan is to an insurance policy what an area code is to phone numbers.
Insurance policy number vs group number. The group number is a number given to employer to identify the employee health insurance policy. This number is a reference point for the insurance company. Healthcare providers use the group number plus your member id number to file claims for your care. They look at your gr.
Most insurance cards do not have a group name on them but they do have a group number. The number varying in length depending upon the insurance. If you purchase insurance through a healthcare exchange the marketplaces set up by the affordable care act sometimes called obamacare you might not have a group number. A policy number is assigned to a policy by an insurance company once you have purchased insurance from them.
An insurance policy number is a unique identifier that attaches a car insurance policy to a specific individual. If you purchased the insurance policy through your employer you belong to a group insurance plan. The group plan identifies the general area and in some cases the department serving your group plan while the policy number identifies you specifically. The group number is generally used to identify a policy group of which you are a member in most cases it pertains to the group your employer joins in order to reduce the cost of providing health insurance benefits.
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