Select the correct statement regarding the 834 - Benefit Enrollment and Maintenance transaction.

It cannot be used to transfer enrollment information from a plan sponsor to a hearth care insurance company or other benefit provider.

It can be used by a health insurance company to notify a plan sponsor that it has dropped one of its members.

It cannot be used to enroll, update, or dis-enroll employees and dependents in a health plan.

A sponsor can be an employer, insurance agency, association or government agency but unions are excluded from being plan sponsors.

It can be used in either update or full replacement mode.