What Does Multiple Employer Welfare Arrangement Mean?

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What does Multiple Employer Welfare Arrangement mean? Read on to discover the definition & meaning of the term Multiple Employer Welfare Arrangement - to help you better understand the language used in insurance policies.

Multiple Employer Welfare Arrangement

Multiple Employer Welfare Arrangement

A multiple employer welfare arrangement (MEWA) is a formal arrangement in which a group of employers combine their contributions into a plan that provides benefits to their employees. These employers can then make contributions into the plan based on the number of people under their employment and the costs related to each employee.

We hope the you have a better understanding of the meaning of Multiple Employer Welfare Arrangement.

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