Insurance Group Number

It guides you on how to utilize your health plan.

Insurance group number. A group policy number is like a reference number. If you purchased the insurance policy through your employer you belong to a group insurance plan. How car insurance groups work insurance groups were first introduced in the 1970s as an easy to understand way for people to get an idea of how big the premiums were likely to be for a specific vehicle. The group id isn t the same as your policy number everyone in your organization who participates in the insurance plan shares the same group id number.

The group number for your health insurance policy is the designation for the group plan you are covered under. Usually the policy number is indicated at the top of the insurance billing statement or the health insurance card. The group number of your health insurance policy is required information whenever you. You ll also see a group id number on your insurance card 1.

A basic 420d model with a 2 0 litre diesel engine can be as low as group 29 but a 435d xdrive m sport is a group 42 and an m4 is a group 50. This is usually a group of your coworkers in a plan administered by your employer.