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Community Health Systems (CHS) is a Fortune 500 company based in Franklin, Tennessee. [1] It was the largest provider of general hospital healthcare services in the United States in terms of number of acute care facilities. [2] [3] In 2014, CHS had around 200 hospitals, [4] but the number had declined to around 85 in 2021. [5]
Federal Employees Health Benefits Program. The Federal Employees Health Benefits (FEHB) Program is a system of "managed competition" through which employee health benefits are provided to civilian government employees and annuitants of the United States government. The government contributes 72% of the weighted average premium of all plans, not ...
The employee pays the remaining fraction of the premium, usually with pre-tax/tax-exempt earnings. These percentages have been stable since 1999. [72] Health benefits provided by employers are also tax-favored: Employee contributions can be made on a pre-tax basis if the employer offers the benefits through a section 125 cafeteria plan.
CHS Inc. is a Fortune 500 secondary cooperative owned by United States agricultural cooperatives, farmers, ranchers, and thousands of preferred stock holders. Based in Inver Grove Heights , Minnesota , CHS owns and operates various food processing and wholesale, farm supply, financial services and retail businesses.
Annual enrollment. In the United States, annual enrollment (also known as open enrollment or open season) is a period of time, usually but not always occurring once per year, when employees of companies and organizations, including the government, [1] may make changes to their elected employee benefit options, such as health insurance.
A company called Change Healthcare was established in 2007 and based in Brentwood, Tennessee. The company provided healthcare consumer engagement [clarification needed] and health plan cost transparency tools to health plans and large, self-insured employers, [4] across the United States. The company was founded by Christopher Parks and Robert ...
Self-funded health care. Self-funded health care, also known as Administrative Services Only (ASO), is a self insurance arrangement in the United States whereby an employer provides health or disability benefits to employees using the company's own funds. [1] This is different from fully insured plans where the employer contracts an insurance ...
Signed into law by President Barack Obama on March 23, 2010. The Community Living Assistance Services and Supports Act (or CLASS Act) was a U.S. federal law, enacted as Title VIII of the Patient Protection and Affordable Care Act. The CLASS Act would have created a voluntary and public long-term care insurance option for employees, [ 1][ 2][ 3 ...