Insurance Company Group Number

On my insurance card the only number i see is just one big thing with 3 letters then a bunch of numbers it resembles abc68484023.
Insurance company group number. Group coverage can help reduce the problem of adverse selection by creating a pool of people eligible to purchase insurance who belong to the group for reasons other than the wish to buy. How do i find these two out. Gmac insurance and mercury insurance policy numbers are in alphanumerical format. If the policy number you re searching for is exclusively in numerical format break out the first three digits to get the company code also referred to as the dmv code in some states.
If a sponsor offers multiple plan. The alphabetical code can precede or come after the numerical digits. The company will cancel the current policy number and issue you a new number and a new card. Insurance companies assign group numbers to each plan option from each plan sponsor generally an employer.
Your insurance card lists the vital information about your policy in addition to your policy id number 1. If you lose the card you need to let your insurance company know right away. 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. Group insurance is an insurance that covers a group of people for example the members of a society or professional association or the employees of a particular employer for the purpose of taking insurance.
What s the difference anyway. However your plan and coverage benefits will remain the same. Hello i m filling out a student medical contact form for school and it asks me for my insurance company s 1 group number and 2 policy number of group i have keystone insurance if that helps anyone. Break the policy down.
If 2 plan sponsor s offer exactly the same benefits they will still be assigned different group numbers. Company number 08864405 follow this company file for this company company overview for ark insurance group limited 08864405. The typical group policy is for term life insurance often renewable each year with a company s open enrollment process. 933 east columbus avenue springfield massachusetts 01105 phone.
The replaced card may take some time to arrive. Healthcare providers use the group number plus your member id number to file claims for your care.