Texas MEWA Annual Filing Checklist

State:
Texas
Control #:
TX-FIN378
Format:
PDF
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Description

MEWA Annual Filing Checklist

Texas MESA Annual Filing Checklist is a comprehensive checklist of all the documents and information required to complete the Texas Multiple Employer Welfare Arrangement (MESA) annual filing. It includes the Texas MESA Annual Filing Form, the Texas MESA Financial Statement, the Texas MESA Actuarial Certification, a Schedule of Benefits and Contributions, and other documents needed for the filing. The Texas MESA Annual Filing Checklist is divided into three separate checklists: (1) the Initial Filing Checklist, (2) the Renewal Filing Checklist, and (3) the Annual Reporting Checklist. Each checklist contains all the necessary documents and information required to complete the filing, including the annual report and the financial statement. The Texas MESA Annual Filing Checklist is designed to provide employers with an easy way to ensure they are properly filing their MESA.

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FAQ

As defined by the Employee Retirement Income Security Act of 1974 (ERISA), a Multiple Employer Welfare Arrangement (MEWA) is a group health insurance plan that provides coverage to the employees of two or more employers that are not under common control.

MEWAs are subject to the rules of the Employee Retirement Income Security Act of 1974 (ERISA) under most circumstances, especially when offered by an association.

MEWAs are subject to the rules of the Employee Retirement Income Security Act of 1974 (ERISA) under most circumstances, especially when offered by an association.

Funds are paid to a trust or collective account. However, with these self-funded MEWAs, the employer's premiums are going into a master trust (or sometimes just a collective bank account).

?MEWA? stands for ?multiple employer welfare arrangement.? A MEWA is formed when a health and welfare plan provides benefits to employees of two or more employers that are not part of the same controlled group of businesses.

Overview. The Form M-1 is an annual report that must be filed by multiple employer welfare arrangements (MEWAs). The Form is used to report the custodial and financial information of the MEWA, as well as the information for compliance with Part 7 of the Employee Retirement Income Security Act (ERISA).

A MEWA must file a M-1 (MEWA registration) within 30 days of: (1) The MEWA begins knowingly operating in any additional State; (2) The MEWA begins operating following a merger with another MEWA; (3) The number of employees receiving coverage for medical care under the MEWA is at least 50 percent greater than the number

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Texas MEWA Annual Filing Checklist