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Insurance & Risk Management
14. Chapter 16: Employee Benefits—Group Life and Health Insurance/Group medical expense insurance
14. Chapter 16: Employee Benefits—Group Life and Health Insurance Illustration
Syllabus Slides

Group medical expense insurance

01.Core Concepts

Blue Cross and Blue Shield plans are medical expense plans that cover hospital expenses, physician and surgeon fees, ancillary charges, and other medical expenses Blue Cross plans cover hospital expenses Blue Shield plans cover physicians’ and surgeons’ fees Most plans include both BC and BS In most states, plans operate as nonprofit organizations, but some have converted to for-profit status to raise capital ‹#›