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Early Retiree

An “early retiree” is anyone who retires prior to what is considered the normal retirement age. This is often used to describe retired individuals under 65 years of age. The ACA’s reinsurance program for early retiree defines eligible retirees as between 55 and 65 years of age.

Automatic Enrollment

Provision of the ACA requiring organizations with more than 200 full time employees to enroll all new full-time employees in a health plan.