What Does Health Service Agreement Mean?
A health services agreement is an agreement that is made between an employer and a health insurance company. This agreement lays out all of the details for the insurance health plan that the employer will be purchasing from the health insurance company to provide health insurance to its qualifying employees.
Insuranceopedia Explains Health Service Agreement
A health services agreement typically includes details such as enrollment, eligibility and benefits. Obtaining a good health insurance plan is often highly prioritized by companies, since it helps them to attract prospective employees. So, making sure that there are great benefits listed on the health services agreement is often considered to be very important for many employers. A health plan with insufficient benefits can deter employees, and this is very undesirable for companies seeking health plans.