Definition

2010 federal law restructuring the individual and group health insurance markets. Created the marketplaces, the employer mandate (50+ FTE = must offer coverage), individual mandate (now $0 federally), and key plan-design floors (preventive care 100%, OOP max caps, no annual/lifetime limits, dependent coverage to age 26).

Related in compliance & regulatory

ERISA

The 1974 federal law that governs employer-sponsored benefits.

Form 5500

The annual return employers (and unions) must file for ERISA-covered benefit plans with 100+ participants.

TCPA

1991 federal law restricting telemarketing calls, autodialer use, prerecorded messages, and SMS marketing.

CTIA

The wireless carrier industry trade association.

Velora speaks the broker domain natively.

SIC, enrolled lives, renewal month, current carrier — every term in this glossary corresponds to a field Velora's outbound engine actually uses for targeting, segmentation, and cadence selection.

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