Church plan Sample Clauses
A Church plan clause defines the treatment of retirement or benefit plans established and maintained by churches or church-affiliated organizations under the agreement. Typically, this clause clarifies whether such plans are subject to the same regulatory requirements as other employee benefit plans, such as those under ERISA, or if they are exempt. By specifying the status and handling of church plans, the clause ensures compliance with applicable laws and provides clarity for both parties regarding the obligations and protections related to these unique benefit arrangements.
Church plan. A church plan as described in Code §414(e) and ERISA §3
Church plan. A plan qualifying under Code §414(e) or ERISA section 3(33).
Church plan. Yes No In order to provide an ACA-MLR rebate to a policyholder the MLR regulations require that an insurer obtain a written assurance from the policyholder that any rebate will be used for the benefit of enrollees as described in MLR regulations (45 C.F.R. 158.242). If the written assurance is not provided, the MLR regulations require that an insurer distribute any rebate directly to certain subscribers of the plan (rather than to the policyholder). Does the policyholder listed sponsor a church plan* in connection with the policyholder’s BCBSIL coverage? £ £ No, the group health plan is NOT a church plan. Yes, the group health plan is a church plan. If yes, check one of the following: £ The policyholder WILL use any rebate for the benefit of enrollees as described above. £ The policyholder WILL NOT use any rebate for the benefit of enrollees as described above. I understand that, if this box is checked, BCBSIL may distribute any rebate directly to certain subscribers of the plan. If you have any general questions about this request, please contact our Medical Loss Ratio Hotline at ▇▇▇-▇▇▇-▇▇▇▇, 8 a.m. to 6 p.m. CT, Monday through Friday. Should the employer’s or plan’s status change, please contact your account representative. I, the undersigned, a duly authorized representative of policyholder represent and warrant that the information contained in this Section D is true, correct and complete to the best of my knowledge and belief. Employer or Authorized Purchaser Signature and Title Date Under federal law, it is the employer’s responsibility to annually inform its insurer or third-party administrator, such as Blue Cross and Blue Shield of Illinois (BCBSIL), of proper employee counts for the purpose of determining payment priority between Medicare and another insurer. In the absence of employer-provided employee counts, CMS requires that the employer’s group health plan coverage be considered primary to Medicare.
Church plan. Church Plan means a plan described in Code §414(e).