Adjusted allowable definition

Adjusted allowable means the allowable production a proration unit receives after all adjustments are applied.
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Adjusted allowable means the allowable production a well or proration unit receives after all adjustments are made.
Sample 1Sample 2Sample 3
Adjusted allowable means the allowable production a well or proration unit receives
Sample 1

Examples of Adjusted allowable in a sentence

  • Adjusted allowable costs are reduced by reinsurance and subsidy payments.

  • Thus, the calculation for the target amount outlined in Section 13 changes to: 72Direct subsidy+ Beneficiary premiums for payment purposes+ A/B rebate+ Capitated reinsurance payment = Target amount before administrative cost adjustment* (1 - Administrative cost ratio)= Target amount Adjusted allowable risk corridor costsReinsurance calculations outlined in Section 12 do not apply.

  • Adjusted allowable shall mean the allowable production a well or proration unit receives after all adjustments are made.

  • Adjusted allowable working capital represents the Member’s capital prior to deduction of the minimum capital cushion and any applicable margin requirements.

  • Subtract Covered Part D DIR The calculation is: AARCC = (URCC * (1.00 – IU)) – REINS_SUBS – DDIR WhereAARCC = Adjusted allowable risk corridor costs URCC = Unadjusted risk corridor costsIU = Induced Utilization factor REINS_SUBS = Reinsurance Subsidy DDIR = Covered Part D DIR Induced utilization applies to Medicare only plans; reinsurance subsidy applies to dual eligible plans.

  • Adjusted allowable overage of budget line items from 1% to half of 1%.

  • Adjusted allowable Subsidized Employment contracts from 12 weeks to 16 weeks for CHOICES Program.

  • No – 0 Nick Ganser made a motion to approve Allowable increase (section C line 8) to Adjusted allowable levy limit in Section D line R of the levy worksheet.

  • Adjusted allowable inpatient operating costs [(lesser of line 6 or line 7) plus lines 2 through 5] $3,200,000 9.

Related to Adjusted allowable

  • Maximum allowable cost means the maximum amount that a pharmacy benefit manager will reimburse a pharmacy for the cost of a drug.

  • Determination Year means the Plan Year for which testing is being performed, and the “look-back year” means the immediately preceding twelve (12) month period.

  • Allowable Expense means a necessary, reasonable and customary item of expense for health care, which is: • covered at least in part under one or more plans covering the person for whom the claim is made; and • incurred while this plan is in force. When a plan provides healthcare coverage in the form of services, the reasonable cash value of each service is considered as both an allowable expense and a benefit paid. Vision care services covered under other plans are not considered an allowable expense under this plan. PLAN means any of the following that provides benefits or services for medical, pharmacy, or dental care treatment. If separate contracts are used to provide coordinated coverage for members of a group, the separate contracts are considered parts of the same plan and there is no COB among those separate contracts.

  • Excess Contributions means, with respect to any Plan Year, the excess of:

  • Allowable Costs means the costs defined as allowable in 42 CFR, Chapter IV, Part 413, as amended to October 1, 2007, except for the purposes of calculating direct medical education costs, where only the reported costs of the interns and residents are allowed. Further, costs are allowable only to the extent that they relate to patient care; are reasonable, ordinary, and necessary; and are not in excess of what a prudent and cost-conscious buyer would pay for the given service or item.

  • Base Year Value means the assessed value of eligible property January 1 preceding the execution of the agreement plus the agreed upon value of eligible property improvements made after January 1 but before the execution of the agreement.

  • Adjusted Term SOFR Rate means, for any Interest Period, an interest rate per annum equal to (a) the Term SOFR Rate for such Interest Period, plus (b) 0.10%; provided that if the Adjusted Term SOFR Rate as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.