Which of the following would be considered a possible applicant and contract policyholder for group health benefits?

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Study for the Louisiana Series 103 – Life, Health, and Accident or Sickness Insurance Exam. Familiarize yourself with key concepts through engaging questions and explanations. Prepare effectively for your exam!

Multiple Choice

Which of the following would be considered a possible applicant and contract policyholder for group health benefits?

Explanation:
In group health benefits, the sponsor that applies for coverage and holds the contract is the employer. The master policy is issued to the employer as the policyholder, who pays premiums and arranges the plan for eligible employees. Employees (and their spouses or dependents) are covered under that policy, but they are insureds, not policyholders. The insurer is the company issuing the policy, not the applicant. So the employer is the correct choice as the applicant and contract policyholder.

In group health benefits, the sponsor that applies for coverage and holds the contract is the employer. The master policy is issued to the employer as the policyholder, who pays premiums and arranges the plan for eligible employees. Employees (and their spouses or dependents) are covered under that policy, but they are insureds, not policyholders. The insurer is the company issuing the policy, not the applicant. So the employer is the correct choice as the applicant and contract policyholder.

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