Group health insurance is a type of health insurance policy that is offered by an employer or organization to its employees or members. This type of insurance policy provides coverage for a range of medical expenses, including doctor visits, hospitalization, prescription drugs, and preventive care.

Group health insurance policies can provide coverage for a variety of types of organizations, including businesses, non-profit organizations, and trade associations. The policy may cover all employees or members, or only those who meet certain eligibility criteria.

The cost of group health insurance can vary depending on a variety of factors, such as the size of the organization, the level of coverage provided, and the demographics of the covered population. Employers or organizations should work with an insurance broker to determine the appropriate coverage and obtain a policy that meets their specific needs.

To minimize the risk of claims of wrongful acts or breaches of duty, directors and officers should take steps to ensure that they act in the best interests of the organization and its stakeholders. This may include conducting thorough research and due diligence, implementing governance procedures, and maintaining accurate records.

Overall, group health insurance is an important component of any employer or organization's benefits package. By providing access to affordable and comprehensive healthcare coverage, employers or organizations can attract and retain top talent, and support the health and wellbeing of their employees or members.