Large employer group definition

Large employer group means an employer that is issued a policy by a carrier under this chapter with enrollment of 100 or more full-time employees.
Large employer group means for a Plan year an employer who employed an average of more than 50 full-time employees on business days during the preceding calendar year ending prior to the Plan year and who employs at least 1 full-time equivalent employee on the first day of the Plan year determined in accordance with a methodology prescribed by the Department of Consumer and Business Services by rule. The Group represents that it is a Large Employer Group as prescribed above.
Large employer group means an employer that is issued a policy by a carrier under Chapter 34 with enrollment of 100 or more full-time employees. "Full-time employees" would mean the term as used in Section 3701 of the Code: the term as calculated in 26 USC 4890h(c)(4), including application of the special rules for determining group size as defined in 26 USC 4980h(c)(2) and the specification that full-time equivalents are treated as full-time employees for purposes of determining group size, as described in 26 USC 4980h(c)(2)(e). (Title 26 USC 4890h(c)(4) defines "full-time employee" as, with respect to any month, an employee who is employed on average at least 30 hours of service per week. Title 26 USC 4980h(c)(2), defines "applicable large employer" as, with respect to a calendar year, an employee who employed an average of at least 50 full-time employees on business days during the preceding calendar year. Under 26 USC 4980h(c)(2)(e), solely for the purposes of determining whether an employer is an applicable large employer, an employer must include, in addition to the number of full-time employees for any month otherwise determined, for such month a number of full- time employees determined by dividing the aggregate number of hours of service of employees who are not full-time employees for the month by 120.)

Examples of Large employer group in a sentence

  • Large employer group - employers with 50 persons or more:Employers with more than 50 persons at a workplace are required to identify and provide to CGU a list of suitable alternative duties if any.

  • Large employer group products are distributed primarily through health care consultants and brokers, while individual and small group products are distributed through agents or through captive sales forces.

Related to Large employer group

  • School employer means a board of school directors, the

  • Employer as defined in Section 3(5) of ERISA.

  • Participating Company Group means, at any point in time, all corporations collectively which are then Participating Companies.

  • The Employer or “The Purchaser” means the "Registrar General, High Court of Madhya Pradesh, Jabalpur" and the "District Judge" of the District Courts.

  • School employee means (1) a teacher, substitute teacher, school administrator, school superintendent, guidance counselor, psychologist, social worker, nurse, physician, school paraprofessional or coach employed by a local or regional board of education or working in a public elementary, middle or high school; or (2) any other individual who, in the performance of his or her duties, has regular contact with students and who provides services to or on behalf of students enrolled in a public elementary, middle or high school, pursuant to a contract with the local or regional board of education.