Examples of Benefit Coverage in a sentence
Accident and Sickness and Extended Disability Benefit Coverage will be continued to the end of the month in which layoff commenced.
To receive such Benefit Coverage, the Covered Executive must continue to pay the same percentage of the total benefit premiums or contributions required from similarly situated executive employees at the time of the Covered Executive’s termination of employment (or, if materially less, at the time of the prior Change in Control).
If a Covered Executive qualifies for a Termination Payment under Section 5.1, his/her Benefit Coverage shall be continued for the Maximum Benefit Period or, if less, until the Covered Executive obtains full-time employment providing benefits substantially similar to his/her Benefit Coverage.
Continued Welfare Benefit Coverage for Executive and his/her eligible dependents at the active employee rate for a period of (1) 3 years following the date of Executive's Covered Termination which occurs following a Change of Control or (2) 18 months following any other Covered Termination.
Without limiting the generality of the foregoing, the Committee has full authority to (i) interpret the Plan, (ii) determine all questions relating to the rights and status of Covered Executives and their Termination Payments, Benefit Coverage, Pension Enhancements and Gross-Up Payments, and (iii) make such rules and regulations for the administration of the Plan as are not inconsistent with its express terms and provisions.
Prescription Drug Benefit Coverage is provided by the MMCP and MCHP Plan for Medically Necessary prescription drugs and refills.
The Eligibility Inquiry transaction provides the following: Eligibility status, Benefit Coverage, other potential payers, Medicaid Managed Care information, Family Health Plus information, member provider restrictions, Excess Resource, NAMI Amounts, (if applicable), standard Medicaid copay amounts, explicit Service Types, and/or if a member is at limits for any of the service categories covered by the UT program.
Prepare the Summary of Benefit Coverage (SBC) documents once annually for those benefits BCBSNE administers.
The Employer will provide, or will cause to be provided, continued Welfare Benefit Coverage (as in effect from time to time for similarly situated active employees) for Executive and Executive's eligible dependents at the active employee rate for a period of 2 years following the date of Executive's Covered Termination.
Group Benefit Coverage which has a negative effect on the majority of the employees.