what is embedded plan and aggregate plan ? what is the difference bewteen both ?

Question

Accepted Answer

Embedded plan and aggregate plan are two types of benefit plans offered by employers.

Embedded plan refers to a benefit plan where each employee has their own individual plan within a group plan.
Aggregate plan refers to a benefit plan where all employees are covered under a single plan.
The main difference is that in an embedded plan, each employee has their own unique plan details, while in an aggregate plan, all employees have the same plan.
Embedded plans are more customizable for individual employee needs, while aggregate plans may be more cost-effective for employers.
Example: In an embedded plan, employees can choose their own level of coverage for health insurance, while in an aggregate plan, all employees have the same coverage level.

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