Annual Reassignment definition

Annual Reassignment. As described in 40.1.5 of Chapter 5 of the Medicare Prescription Drug Benefit Manual, CMS has the discretion to re-assign LIS beneficiaries enrolled in Medicare Prescription Drug Plans that will have a premium above the low-income premium subsidy amount (i.e., benchmark) in the following year, unless the plan volunteers to waive the de minimis amount of the premium above the benchmark. CMS will conduct the reassignment in the fall of each year, and ensure all affected LIS beneficiaries are notified.
Sample 1Sample 2Sample 3

Examples of Annual Reassignment in a sentence

  • On each Annual Reassignment Date, the Company shall adjust the capacity assignments previously made to a Supplier to conform with the Company’s resource and requirements plans.

  • Such previously assigned Capacity shall be replaced by the assignment to the Supplier of the pro-rata shares of the same or similarly situated Capacity on behalf of the Customers enrolled in the Supplier’s Aggregation Pools (as of the first day of the Month following the Annual Reassignment Date).

  • Within five (5) Business Days prior to the Annual Reassignment Date, the Supplier must designate those contracts that would otherwise be released to the Supplier pursuant to Section 13.5, as contracts to be managed by the Company for cost mitigation in accordance with the Company’s Capacity Mitigation Service.

  • Within five (5) Business Days prior to the Annual Reassignment Date, the Supplier must designate those contracts that would otherwise be released to the Supplier pursuant to Section13.5, as contracts to be managed by the Company for cost mitigation in accordance with the Company’s Capacity Mitigation Service.

  • Annual Reassignment Date Five (5) Business Days prior to November 1 of each year whenthe Company reassigns Capacity to Suppliers pursuant to Section13.6 of these Terms and Conditions.

  • Annual Reassignment Date Five (5) Business Days prior to November 1 of each yearwhen the Company reassigns Capacity to Suppliers pursuant to Section 13.6 of these Terms and Conditions.

  • On each Annual Reassignment Date, the Company shall reset the balance in the Supplier’s Peaking Service Account to equal to the total Peaking Supply assignable to the Supplier on behalf of Customers enrolled in its Aggregation Pool (as of the first day of the Month following the Annual Reassignment Date) as determined in accordance with Section 16.4.1 above.

  • Annual Reassignment Date:Five (5) Business Days prior to November 1 of each year when the Company reassigns Capacity to Suppliers pursuant to Delivery Service T&C, Section 11.6 of this tariff.

  • On each Annual Reassignment Date, the Company shall reset the balance in the Supplier’s Peaking Service Account to equal to the total Peaking Supply assignable to the Supplier on behalf of Customers enrolled in its Aggregation Pool (as of the first day of the Month following the Annual Reassignment Date) as determined in accordance with Section16.4.1 above.

  • Such previously assigned Capacity shall be replaced by the assignment to the Supplier of the pro-rata shares of the same or similarly situated Capacity on behalf of the Customers enrolled in the Supplier’s Aggregation Pools (as of the first Gas Day of the Month following the Annual Reassignment Date).

Related to Annual Reassignment

  • LERG Reassignment or "NXX Reassignment" means the reassignment of an entire NXX code shown in the LERG from one Carrier to another Carrier. "Line Side" refers to End Office Switch connections that have been programmed to treat the circuit as a local line connected to a terminating station (e.g., an End User Customer's telephone station set, a PBX, answering machine, facsimile machine or computer).

  • Reassignment means moving an employee:

  • Annual Salary means the salary given under this Part.

  • land reform beneficiary , in relation to a property, means a person who -