Final answer:
To obtain group Major Medical insurance from an employer during open enrollment, a new employee must complete the enrollment form and may need to provide proof of eligibility, while premium payments are often handled via payroll deductions or partially paid by the employer due to the employer mandate. The correct option is 1.
Step-by-step explanation:
To obtain group Major Medical insurance from an employer during the open enrollment period, a new employee must primarily complete the enrollment form.
This is because employers typically provide the necessary information regarding eligibility and the premium may be deducted directly from the employee's paycheck or covered in part by the employer, especially given the employer mandate which requires all employers with more than 50 employees to offer health insurance to their staff.
However, depending on the employer's policy, providing proof of eligibility may also be a requirement as part of the enrollment process. It is less common for new employees to have to directly pay the premium during the enrollment period, as these are often payroll-deducted or employer-paid (at least in part).
The individual mandate of the Affordable Care Act (ACA) required all individuals to have health insurance or pay a penalty, which reduces adverse selection in the health insurance market.
While the ACA initially required everyone to have insurance, changes since has altered this requirement. Overall, procedures may vary based on specific employer practices, plan terms, and regulations at the time of enrollment.