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What Does Benefit Year Ending Date Mean?

January 24, 2024 by Rachel Ostrander

What Does Benefit Year Ending Date Mean? BENEFIT YEAR ENDS (BYE) – The ending date of a claim referred to as BYE or benefit year ends. The Saturday date which ends the 52-week period of a claim in which a claimant may receive unemployment benefits, if eligible. BONUS PAY – Pay from the employer that

How Long Are Health Insurance Benefit Periods?

January 24, 2024 by Emily Lee

How Long Are Health Insurance Benefit Periods? The benefit periods and terms for individual plans are valid for one year before requiring a new premium to continue coverage. For group plans, the benefit periods generally continue as long as the employer continues to pay the premiums. What is a health insurance benefit period? Benefit Period