One of the advantages for employees in a group health plan is the contribution most employers make toward the cost of the health coverage premium â in many cases, employers pay one-half or more of the monthly premium for an employee.
The basic format consists of five decimal numerical digits. An extended ZIP+4 code, introduced in 1983, includes the five digits of the ZIP code, a hyphen, and four additional digits that determine a more specific location within a given ZIP code. The USPS provides a free online lookup tool for ZIP codes.
zip code. A code which was established by the United States Postal Service, for the purposes of identifying a location and routing the mail to that location. A zip code was originally 5 digits long, and now has been expanded to 9 digits for more detailed identification. The 5 digit zip code is still sufficient for sending all items of mail; the 9 digit zip code is used primarily by businesses as they sometimes get a discount for doing so.