QMCSO Sample Clauses

QMCSO. “QMCSO” means a medical child support order which qualifies under ERISA Section 609(a) and which creates or recognizes the existence of an alternate recipient’s right to, or assigns to an alternate recipient the right to, receive benefits for which a participant or beneficiary is eligible under any of the Health Plans.
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QMCSO. In the event the Plan Administrator receives a medical child support order (within the meaning of ERISA Section 609(a)(2)(B)), the Plan Administrator shall notify the affected Participant and any alternate recipient identified in the order of the receipt of the order and the Plan’s procedures for determining whether such an order is a qualified medical child support order (within the meaning of ERISA Section 609(a)(2)(A)). Within a reasonable period, the Plan Administrator shall determine whether the order is a qualified medical child support order and shall notify the Participant and alternate recipient of such determination.
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QMCSO. A “qualified medical child support order” as that term is defined in Section 609(a) of ERISA. The term “QMCSO” includes a “National Medical Support Notice” deemed to constitute a qualified medical child support order pursuant to Section 609(a)(5)(C) of ERISA. Qualified Beneficiary A “qualified beneficiary” within the meaning of 26 C.F.R. § 54.4980B-3. Generally, this means any individual who is, as of the day before a Qualifying Event, (i) an employee covered under health benefits offered under the Plan as of such day; (ii) the Spouse of the Participant; or (iii) a Dependent child of the Participant. An employee can be a Qualified Beneficiary only if the Qualifying Event consists of termination of employment (other than for gross misconduct) or a reduction of hours of the employee’s employment. A child born or placed for adoption with an employee or former employee during COBRA continuation coverage will also be considered as a Qualified Beneficiary (to the extent required by COBRA). A former employee actively participating in the Plan by reason of a previous period of employment may also be treated as a Qualified Beneficiary for purposes of the COBRA rules. Qualified Health Plan A “qualified health plan” within the meaning of Section 1301 of the Affordable Care Act. Qualifying Event A “qualifying event” within the meaning of Section 4980B(f)(3) of the Code. Qualifying Medical Care Expense
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QMCSO. A qualified medical child support order, as defined in ERISA Section 609(a).
Sample 1

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