Business, Legal & Accounting Glossary
Eligible employees or dependents of an employee that participate in a company’s benefits program such as health and dental insurance plans. New employees are usually required to work at the company for a specific amount of days or hours before they can become plan participants. A monthly premium is paid by the employee or the employer to remain an active plan participant.
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This glossary post was last updated: 16th November, 2021 | 0 Views.