Transcription of Full-Time Equivalent Calculation - CBIZ
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Full-Time Equivalent Calculation - CBIZ
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.
Section 4980H provides that full-time employee status is determined on a monthly basis. Under § 4980H, a full-time employee with respect to any month is an employee (including a …
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