
Small Group Master Application EmployerGroup Statement Form
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People also ask
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What is considered a small group employer?
Most states define a small group as an organization with between two and 50 employees. However, some states consider a company with between two and 100 employees a small group. The Affordable Care Act (ACA) only requires employers with 50 or more full-time equivalent employees (FTEs) to offer health insurance.
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Is Premera Blue Cross an Erisa plan?
The plan, administered by Premera Blue Cross, is subject to ERISA and the Parity Act.
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What is the difference between ERISA and non ERISA health plans?
Unlike ERISA-covered plans, non-ERISA plans are controlled mostly by the employee. The employee is in charge of choosing investments as well as controlling contributions and withdrawals. Typically, these plans offer fewer protections than ERISA-covered plans.
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What type of plan is Premera Blue Cross?
Premera offers marketplace insurance health plans with different coverage options so you can pick the one that is best for you and your family. Open enrollment for 2025 is here!
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How do I know if my health plan is ERISA?
Check Your Plan Documents: Review your Summary Plan Description (SPD) or other documents. ERISA plans must provide an SPD that clearly states they are an ERISA plan. Look at Employer Contributions: If your employer contributes to the plan or matches your contributions, it's likely an ERISA plan.
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Are health insurance plans covered by ERISA?
The federal ERISA laws govern employer-sponsored health plans, except those offered by a church or a governmental entity for its employees.
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What is a small group under the ACA?
As noted above, groups with up to 50 employees are considered small groups in most states. The ACA's employer mandate requires employers with 50 or more employees to offer health coverage to full-time employees.
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