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FREQUENTLY ASKED QUESTIONS

What Is A "VEBA" or Voluntary Employees Beneficiary Association?

  • A Voluntary Employees Beneficiary Association or "VEBA" is an IRS and Department of Labor recognized nonprofit  employees' organization established solely to provide benefits and education assistance services for independent small businesses and their employees in the event of sickness, disability, death, accident, hospitalization and/or unemployment.  

What Makes Health And Welfare Benefit Plans and Programs Different Than Insurance?

  • AEA benefit plans are not health insurance policies. These are federally approved health and welfare benefit plans intended strictly to serve the needs of small employers and their workers in specific underserved industries in accordance with the rules and regulations of the Employees Retirement Income Security Act (ERISA) of 1974.

Who is Eligible To Join The Association?

  • All Independent Small Employers, Employees and Workers
  • 21+ Years Old
Who is Eligible To Join The Plan?
  • All Employees and Workers in the Personal Service Industry such as Cosmetologists, Beauticians, Barbers, Manicurists, Estheticians, Stylists, Laundry, Dry Cleaners, Shoeshine, Shoe Repair Employers and Employees and many, many more. Please co
  • Plans are Currently in Development for Workers In Service, Restaurant, Construction, Agricultural, Retail, Manufacturing and other employment industries.
  • Employees 21+ Years
  • Members in Other Private, State or Employer Medical or Insurance Plans.
  • Self-Employed Individuals accepted.

Are There Any Restrictions To Join the AEA Health Plan?

  • No Medical Service Provider or Prescription Restrictions.
  • No Income Requirements.  
  • No Immigration Requirement 
  • No Physical Exam Required.                                                                                                     
  • No Employer Administration or Claims Handling Requirements.      

What Are The Requirements To Join the Plan?

  • One (1) Year Work Experience With the Same Employer.
  • Worker must be minimum 21+ Years Old
  • Part-time and Temporary Workers OK!! - Minimum of 1000 Hours Per Year.
  • W-2 Income.

How Are Benefits Paid?

  • All Claims Filed Directly With Association.
  • No Employer Claims Handling.
  • All Claims Are Paid Directly to Participants. 
  • Death Benefits Are Paid Directly To Designated Beneficiary(ies).
  • All Participants Are Guaranteed The Same Amount Of Benefits.

Are Family Members Covered?

  • Family Members Are Not Covered.
  • Employed Family Members Can Join At Reduced Cost.

How Are Payments Made?

  • Payments Can Be Paid By Employers and/or their Employees by Credit or Debit Cards.
  • All Payments Are Made Directly To Employees Health and Welfare Trust Fund.
  • No Monthly Check Writing - Payments Are Made By Direct Deposit, Debit or Credit Cards.
  • Employer Contributions Can Be Claimed As Additonal Worker Compensation. 
  • Up To 100% Tax-Deductible To Employers!! 

For Questions or More Information

Please contact us at 877-UNEMPLOYED (863-6756) or E-mail: aeabenefits@yahoo.com.
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