Benefits Compliance

Benefits Acronym Glossary


AD&D Plan Accidental Death and Dismemberment Plan
ADA Americans with Disabilities Act
ADEA Age Discrimination in Employment Act
ARRA American Recovery and Reinvestment Act of 2009
ASO Administrative Services Only
CDHC Consumer-Driven Health Care
CFR Code of Federal Regulations
CMS Centers for Medicare and Medicaid Services – formerly known as Health Care Financing Administration (HCFA)
COBRA Consolidated Omnibus Budget Reconciliation Act
DCAP Dependent Care Assistance Program
DCTC Dependent Care Tax Credit
DOL Department of Labor
EAP Employee Assistance Program
EBSA Employee Benefits Security Administration – formerly known as the Pension and Welfare Benefits Administration (PWBA)
EDI Electronic Data Interchange
EFAST ERISA Filing Acceptance System
EEOC Equal Employment Opportunity Commission
EGTRRA Economic Growth and Tax Relief Reconciliation Act
EOB Explanation of Benefits
EOI Evidence of Insurability
ERISA Employee Retirement Income Security Act
FICA Federal Insurance Contributions Act
FLSA Fair Labor Standards Act
FMLA Family and Medical Leave Act
FSA Flexible Spending Arrangement
FUTA Federal Unemployment Tax Act
GTL Insurance Group Term Life Insurance
HCE Highly Compensated Employee
HCFA Health Care Financing Administration – now known as the Centers for Medicare & Medicaid Services (CMS)
HCTC Health Coverage Tax Credit
HDHC High Deductible Health Coverage
HDHP High Deductible Health Plan
Health FSA Health Flexible Spending Arrangement
HEART Act Heroes Earnings Assistance and Relief Tax Act of 2008
HHS Department of Health and Human Services
HIPAA Health Insurance Portability and Accountability Act
HIPAA SER Health Insurance Portability and Accountability Act Special Enrollment Rights
HMO Health Maintenance Organization
HRA Health Reimbursement Arrangement
HSA Health Savings Account
IRC Internal Revenue Code
LTC Long-term Care
LTD Long-term Disability
MEWA Multiple Employer Welfare Arrangement
MHPA Mental Health Parity Act
MSP Medicare Secondary Payer
MSA Medical Savings Account (also known as an Archer MSA)
NAIC National Association of Insurance Commissioners
NHCE Non Highly Compensated Employee
NMHPA Newborns’ and Mothers’ Health Protection Act
OCR Office of Civil Rights
OTC Over-the-counter Item or Drug
PCE Preexisting Condition Exclusion
PEO Professional Employer Organization
PHI Protected Health Information
PPA Pension Protection Act of 2006
POP Premium Only Plan (Section 125 Cafeteria Plan)
PPO Preferred Provider Organization
PWBA Pension and Welfare Benefits Administration - now known as the Employee Benefits Security Administration (EBSA)
QDRO Qualified Domestic Relations Order
QMCSO Qualified Medical Child Support Order
SAR Summary Annual Report
SMM Summary of Material Modifications
SPD Summary Plan Description
STD Short-term Disability
TPA Third Party Administrator
USERRA Uniformed Services Employment and Reemployment Rights Act
VEBA Voluntary Employees’ Beneficiary Association
VFC Voluntary Fiduciary Correction Program
WHCRA Women’s Health and Cancer Rights Act

This material was created by NFP, its subsidiaries, or affiliates for distribution by their Registered Representatives, Investment Advisor Representatives, and/or Agents. This material was created to provide accurate and reliable information on the subjects covered. It is not intended to provide specific legal, tax or other professional advice. The services of an appropriate professional should be sought regarding your individual situation. Neither NFP Securities, Inc. nor NFP Benefits offer legal or tax services.

Securities offered through Registered Representatives of NFP Securities, Inc., a Broker/Dealer and Member FINRA/SIPC. Investment Advisory Services offered through Investment Advisory Representatives of NFP Securities, Inc. a Federally Registered Investment Adviser. NFP Benefits Partners is a division of NFP Insurance Services, Inc., which is a subsidiary of National Financial Partners Corp, the parent company of NFP Securities, Inc. NFP Securities, Inc. is not affiliated with any other entities listed on this document.

Not all of the individuals using this material are registered to offer Securities or Investment Advisory services through NFP Securities, Inc.