Some companies want an enrollment form from every employee signed by both husband and wife. Often they will ask for extra medical records on certain individuals. When your employees are spread all over the globe, it becomes a challenge to get the enrollment forms and medical information turned in. Companies usually provide a 30- or 60-day window in which all enrollment forms must be submitted. The final rates for the group health insurance won’t be determined until the underwriters have been able to evaluate the medical risk of every enrollee. Once in a while insurance companies will increase the rates for the whole group if they have discovered some unforeseen risk. And we have had experiences where an insurance company has declined coverage due to unforeseen risk.
There are other companies that only request a spreadsheet which can be filled out in the organization?s home-base office, and they don’t require signatures from any of the employees.
Once the group health insurance is in place, it is very easy to administer, and all new employees are automatically covered without going through underwriting.
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