Large Group Market (Health Care) Law and Legal Definition
Large group market means the health insurance market under which individuals obtain health insurance coverage on behalf of themselves and their dependents through a group health plan maintained by a large employer. Such health insurance coverage are offered either directly or through any other arrangement. Beginning from 2017, each state may allow issuers of health insurance coverage in the large group market in the state to offer qualified health plans in such market through an exchange. And, if any state allows issuers to offer qualified health plans in the large group market through an exchange, the term qualified employer shall include a large employer that elects to make all full-time employees of such employer eligible for one or more qualified health plans offered in the large group market through the exchange.