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2024 Comprehensive Formulary List of Covered DrugsSmall Group and Individual NonStandard PlansEffective 12/01/2024SUM2364902/CS/TM/07232024 SummaCare Comprehensive Formulary Small Group And Individual

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What is small group and individual?

Small group refers to a classification of health insurance coverage typically offered to businesses with a limited number of employees, while individual refers to plans designed for single individuals, not tied to employer offerings.

Who is required to file small group and individual?

Employers with small group plans and individuals enrolling in their own health insurance plans are required to file the necessary documentation.

How to fill out small group and individual?

To fill out small group and individual filings, one must complete the appropriate forms indicating the number of employees or dependents covered, select plan options, and provide necessary personal or business information.

What is the purpose of small group and individual?

The purpose of small group and individual insurance is to provide accessible healthcare coverage options that target specific demographic needs, helping individuals and small businesses manage healthcare costs.

What information must be reported on small group and individual?

Information such as coverage types, premium amounts, number of enrollees, and employer information must be reported in small group and individual filings.

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