Did you know a group of toads is called a ‘Knot’ but a group of frogs is an ‘Army?’
A group of geese is called a Gaggle, but only when they’re on the ground; flying, they’re a Skein!
We’ve all heard of a School of fish, a Pride of
lions, a Colony of ants and a Swarm of bees, but how about a Crash of rhinos? Saving the best for last, a group of baboons is called . . . . . . wait for it . . . . . .
. . . . . . a Congress!!
OK, that’s just a silly lead-in to this often-over-looked insurance rule; i.e., as a result of Obamacare, an Employer Sponsored Group
Health Insurance Plan can be established on the first of any month, regardless of pre-existing conditions, with as few as two full time employees. Depending on the Insurer, if one of the two FT employees has coverage elsewhere (e.g., spouse), the group can be just one!
It’s also worth remembering, groups of two
qualifying for a Level Funded Plan may pay 30-40% less than Obamacare premiums.
Finally, what do you call a group of insurance brokers?
NABIP.
