SIC Code
6324 - Hospital and Medical Service Plans

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Standard Industrial Classification Code 6324 - Hospital and Medical Service Plans

SIC Code 6324 - Hospital and Medical Service Plans

Are you searching for the SIC Code 6324 - Hospital and Medical Service Plans?

Get information about this Standard Industrial Classification (SIC) Code and its related General Liability, National Council on Compensation Insurance (NCCI) and Standard Industrial Classification (NAICS) codes.

The SIC Code 6324 - Hospital and Medical Service Plans. Learn more about the SIC 6324 in the Finance/ins/re sector and its related General Liability, NCCI, and NAICS codes.


What Is The Description Of The SIC Code 6324?

The description for the SIC Code 6324 - Hospital and Medical Service Plans in the Finance/ins/re sector is:

Establishments Primarily Engaged In Providing Hospital, Medical, and Other Health Services To Subscribers or Members In Accordance With Prearranged Agreements or Service Plans. Generally, These Service Plans Provide Benefits To Subscribers or Members In Return For Specified Subscription Charges. The Plans May Be Through A Contract Under Which A Participating Hospital or Physician Agrees To Render The Covered Services Without Charging Any Additional Fees. Other Plans Provide For Partial Indemnity and Service Benefits. Also Included In This Industry Are Separate Establishments Of Health Maintenance Organizations Which Provide Medical Insurance. Establishments Providing These Services Through Their Own Facilities or Employed Physicians Are Classified In Major Group 80.
  • dental Insurance (providing Services By Contracts With Health
  • group Hospitalization Plans
  • hospital and Medical Service Plans
  • medical Service Plans

SIC Code 6324 - The Bottom Line

The Standard Industrial Classification SIC Code for Hospital and Medical Service Plans in the Finance/ins/re is 6324.

More Helpful Commercial Insurance Articles

Read other informative articles on small business commercial insurance including costs and coverages.


Small Business Insurance Articles

Get useful tips and information about how much commercial insurance costs, small business risks and exposures, how insurance regulations effect your businesses' and detailed descriptions of coverages and exclusions and more. Most small businesses need to buy the following four types of insurance at a minimum to cover their operations from every day risks:

Property Insurance: This policy covers a business if the property used in the business is damaged or stolen as the result of common perils like fire or theft. Commercial property insurance covers the buildings, structures and also business personal property - which includes furniture, inventory, raw materials, machinery, computers and other items.

Liability Insurance: Any company can be sued. Slip-and fall lawsuits are very common and be costly. Customers can claim you injured them or damaged their property - and lawsuits are very expensive. Commercial liability insurance pays damages and can include attorney's fees and other legal expenses. It also ca pay for the medical bills of injured third parties

Commercial Auto Insurance: For vehicles owned by the business. Commercial auto insurance pays bodily injury or property damage costs for which the business is found liable - up the the policy limits for liability and property damage.

Workers Compensation Insurance: In almost every state employers must provide workers comp when there are W2 employees. Workers compensation pays for the medical care of employees and can replace a portion of lost wages - regardless of who was at fault for the injuries.