Our Right to Offer Premium Incentives. We may, at Our discretion, offer rebates, refunds, reductions of premium, or other items of value, in amounts or types determined by Us, for business purposes and healthcare quality and improvement purposes, including but not limited to the following purposes: 1. Encouraging Members to participate in quality programs; 2. Ensuring Members are better able to afford benefits packages; 3. Reducing and alleviating social determinants of health; 4. Reducing transition costs for Members who have changed insurers; 5. Rewarding Members for choosing lower cost, quality healthcare providers; 6. Rewarding Members for selecting lower cost, quality healthcare goods and products; 7. Rewarding Members for utilizing digital and other paperless forms of communication of information, including but not limited to plan documents and materials; and 8. Reducing enrollment, technology, or administration costs of Members, when such costs are related to effectuating and/or maintaining coverage.
Appears in 4 contracts
Samples: Cancer and Serious Disease Limited Benefit Contract, Variable Income Plan, Variable Income Plan
Our Right to Offer Premium Incentives. We may, at Our discretion, offer rebates, refunds, reductions of premium, or other items of value, in amounts or types determined by Us, for business purposes and healthcare quality and improvement purposes, including but not limited to the following purposes:
1. Encouraging Members to participate in quality programs;
2. Ensuring Members are better able to afford benefits packages;
3. Reducing and alleviating social determinants of health;
4. Reducing transition costs for Members who have changed insurers;
5. Rewarding Members for choosing lower cost, quality healthcare providers;
6. Rewarding Members for selecting lower cost, quality healthcare goods and products;
7. Rewarding Members for utilizing digital and other paperless forms of communication of information, including but not limited to plan documents and materials; and
8. Reducing enrollment, technology, or administration costs of Members, when such costs are related to effectuating and/or maintaining coverage.
Appears in 4 contracts
Samples: Limited Benefit Contract, Limited Benefit Contract, Limited Benefit Contract
Our Right to Offer Premium Incentives. We may, at Our discretion, offer rebates, refunds, reductions of premium, or other items of value, in amounts or types determined by Us, for business purposes and healthcare quality and improvement purposes, including but not limited to the following purposes:
1. Encouraging Members to participate in quality programs;
2. Ensuring Members are better able to afford benefits packages;
3. Reducing and alleviating social determinants of health;
4. Reducing transition costs for Members who have changed insurers;
5. Rewarding Members for choosing lower cost, quality healthcare providers;
6. Rewarding Members for selecting lower cost, quality healthcare goods and products;
7. Rewarding Members for utilizing digital and other paperless forms of communication of information, including but not limited to plan documents and materials; and
8. Reducing enrollment, technology, or administration costs of Members, when such costs are related to effectuating and/or maintaining coverage.
Appears in 2 contracts
