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APPLICATION FOR GROUP HEALTH INSURANCE GROUP AND INDIVIDUAL DIVISION BLUE CROSS AND BLUE SHIELD OF SOUTH CAROLINA An Independent Licensee of the Blue Cross and Blue Shield Association, an Association
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To fill out the group division:
02
- Identify the characteristics and attributes that differentiate the members of the group.
03
- Classify the members based on these characteristics and attributes.
04
- Allocate resources, responsibilities, and tasks to each group member according to their classification.
05
- Monitor and evaluate the performance and progress of the group as a whole.
06
To fill out the individual division:
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- Identify the skills, abilities, and qualifications of each individual.
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- Clearly define the roles and responsibilities for each individual based on their skills and qualifications.
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- Set individual goals and objectives for each person.
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- Track and assess the individual performance and development over time.

Who needs group and individual division?

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Group division is needed in situations where multiple individuals need to work together towards a common goal. It helps organize and coordinate efforts, allocate resources efficiently, and promote teamwork and collaboration.
02
Individual division is needed when individuals have distinct roles and responsibilities that are not shared with others. It allows for individual accountability, specialization, and personal development.
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Group and individual division refers to the categorization of tax filings based on the structure of tax entities, where group division encompasses filings made by entities that are part of a consolidated group, while individual division pertains to filings made by single, standalone tax entities.
Corporations that are part of a consolidated group are required to file for group division, whereas individuals and entities that operate independently must file for individual division.
To fill out group and individual division, taxpayers must complete the appropriate forms provided by the tax authority, ensuring that they report all required financial information accurately for either consolidated or standalone operations.
The purpose of group and individual division is to ensure that tax liabilities are accurately assessed based on the financial activities of groups of entities or individual entities, allowing for proper tax compliance and management.
Required information typically includes total revenue, deductions, credits, and specific details about the entities involved for group division, and personal income, deductions, and applicable credits for individual division.
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