what is member effective date mean

Regardless, the Affordable Care Act ACA specifies that employer-provided healthcare coverage from insurance companies cannot exceed a day waiting period. Public procurement. Related Articles. Get in touch below and we will schedule a time to connect! In contract law, the effective date is the date that an agreement or transaction between or among signatories becomes binding. Most Popular Calculators. The insurance company collects information about your health, job, income, finances, and other personal information to determine how much it will insure you and what your premium will be.

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