A public employee group must have at least how many employees to qualify for a group policy?

In Idaho, to qualify for a group life insurance policy, a public employee group must consist of at least five employees. This minimum requirement is established to ensure that there is a sufficient number of participants to provide a spread of risk, which allows the insurance company to offer group rates and allow for the basic viability of the insurance arrangement.

Having five members helps to minimize the impact of individual health risks on the overall group policy, creating a more stable insurance pool. This threshold indicates the importance of having a substantive group for the insurer to manage risk appropriately while also providing coverage that is affordable and beneficial for the group as a whole.