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19 August, 08:55

What term describes the situation where an employer changes group plan coverage to another insurer, and all employees eligible for coverage by the old plan are automatically covered under the new plan without any probationary period?

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  1. 19 August, 09:41
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    Answer: No loss, no gain

    Explanation:

    When an employer changes group plan to another insurer, all employees under the previous coverage would be eligible to gain under the new plan without any delay for probation.
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