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Full-Time Equivalent Calculation

CareFirst BlueCross BlueShield is the shared business name of CareFirst of Maryland, Inc. and Group Hospitalization and Medical Services, Inc. CareFirst BlueCross BlueShield and CareFirst BlueChoice, Inc. are both independent licensees of the Blue Cross and Blue Shield Association. Registered trademark of the Blue Cross and Blue Shield Association. Registered trademark of CareFirst of Maryland, Inc. Full-Time Equivalent Calculation *(Required for all risk/fully-insured medical business) Under the Affordable Care Act (ACA), product eligibility and group size are based on a Full-Time Equivalent (FTE) Calculation that uses a 30-hour work-week and 120-hour work-month. The collection and reporting of this data by CareFirst is required under Federal mandate. Employers are encouraged to use Federal guidance in conjunction with accountants and/or legal counsel when determining their group size.

CareFirst BlueCross BlueShield is the shared business name of CareFirst of Maryland, Inc. and Group Hospitalization and Medical Services, Inc.

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