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Leave of Absence (LOA)

A period of time an employee is away from work for medical or personal reasons.

Leaves of Absence (LOA)

Time away from work for reasons like maternity medical or military leave.

Legal Insurance

A plan providing access to attorneys for common personal legal matters like wills or traffic...

Legal Plan

Pre-paid access to attorneys for common personal legal issues like wills or house closings.

Level-Funded Plan

A type of health insurance plan that combines aspects of self-funding and traditional fully insured...

Level-Funding

A hybrid plan where employers pay a fixed monthly fee that covers all insurance costs.

Life Event

A change (like marriage) that allows for mid-year benefit changes; see also QLE.

Lifestyle Spending Account (LSA)

An employer-funded account for health and lifestyle expenses.

Long-Term Disability (LTD)

Provides income replacement for severe long-term disabilities that prevent working.

Look-Back Measurement

A method to determine full-time status for ACA compliance over a set period.

Look-Back Period

A timeframe used to determine if an employee counts as full-time for ACA purposes.

Low-Value Care

Medical services that provide little to no benefit to the patient given their cost.