If you are feeling like you need a special decoder ring to understand your benefits, you are not likely alone. But, we have just what you need. We’ll break down common (and not so common) acronyms used in benefits. To make it possibly a little easier, we will tackle it through four groups: (1) The Rules and Enforcers, (2) The Accounts, (3) Accounting and HR Terms and (4) Talking Benefits. For ease of use, you can also download our Quick Reference Guide to Acronyms used in Benefits.
As you continue to navigate the world (or in this case acronyms) of benefits, you too will begin to understand a whole new language. And, just maybe, you will have the tools to understand just a few more acronyms used in benefits.