Course 7: MEWA and VEBA

Overview

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The Health Care Administrators Association (HCAA), a national membership-based trade organization, has fulfilled its core purpose by providing a collegial and inclusive environment through education and networking that focuses on the success of health benefit administrators. 

This course explores the differences between Voluntary Employee Benefits Associations (VEBAs) and Multiple Employer Welfare Arrangements (MEWAs).  It addresses how VEBAs and MEWAs are set up and the legalities involved when self funding a plan.  The course reviews trust requirements for these plans as well as eligibility and tax consequences.  Regulatory codes and required reporting are addressed on a federal and state level.  The course also provides discussion on the historical perspective on court decisions relating to self funding VEBAs and MEWAs.


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Learning Objectives

  • Understand the differences between a MEWA (Multiple Employer Welfare Arrangement) and a VEBA (Voluntary Employees’ Beneficiary Association).
  • Identify the advantages of setting up trusts such as the 501©(9).
  • Analyze the termination issues applicable to MEWA and VEBA plans.
  • Evaluate the effects of ERISA (Employee Retirement Income Security Act) on employee benefit plans.
  • Discuss the disadvantages of setting up trusts.
  • Examine how DEFRA (Deficit Reduction Act) affects trusts.
  • Understand the stop-loss requirements for a MEWA.
  • Identify the Department of Labor (DOL) reporting requirements for VEBA and MEWA.


Designed For:

Life and health insurance brokers and producers, underwriters, actuaries, TPAs, attorneys, accountants and employee benefit specialists




Course Information

Adding additional credit may change exam requirements.