Benefit Determination Period definition

Benefit Determination Period means a period from January 1 of each year to December 31 of the same year, both dates inclusive.
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Benefit Determination Period means a period from January 1 of each year to December 31 of the same year, both dates inclusive. 2. BENEFIT DETERMINATION -- The benefits payable under this Plan shall be subject to the following: a) This Coordination of Benefits and Excess Coverage provision shall apply in determining the benefits as to a person covered under this Plan for any Benefit Determination Period if the sum of --
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Benefit Determination Period means from January 1 of one year to December 31 of the same year.
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Examples of Benefit Determination Period in a sentence

  • For Post-Service Claims, the following time frames apply concerning review and notification of the benefit determination: 1) Benefit Determination Period – The Covered Person will be notified of the benefit determination within thirty(30) days following receipt of notification concerning the Post-Service Claim.

  • Benefit Determination Period – The Covered Person will be notified of the benefit determination within 15 days following receipt of notification concerning the Pre-Service Claim.

  • If a benefit determination cannot be made within the standard 30-day Benefit Determination Period due to the Covered Person's failure to provide sufficient information to make the benefit determination, the Benefit Determination Period may be extended, provided the Covered Person is notified of the need to extend the period.

  • As to any Benefit Determination Period with respect to which this provision is applicable, the benefits that would otherwise be payable under this plan in the absence of this provision for the Allowable Expenses incurred by or on behalf of such person during such Benefit Determination Period shall be reduced, except as provided in item 3.

  • The Initial Benefit Determination Period may be extended for 15 days if special circumstances require an extension of time.

  • Extension of Benefit Determination Period - If a benefit determination cannot be made within the standard 30-day Benefit Determination Period due to matters beyond its control, the period may be extended by an additional 15 days, provided the Covered Person is notified of the need to extend the period prior to the end of the initial 30-day Benefit Determination Period.

  • The Covered Person must benotified prior to the end of the initial 30-day Benefit Determination Period.

  • When this coordination of benefit provision operates to reduce the total amount of benefits otherwise payable with respect to a person covered under this plan during any Benefit Determination Period, each benefit that would otherwise be payable in the absence of this provision shall be reduced proportionately, and such reduced amount shall be charged against the lifetime maximum benefit of this plan.

  • Within a development project, site design elements should be compatible with a traditional New England Village character and the Town Center’s heritage and historic function within the community.iv.

  • If a benefit determination cannot be made within the standard 15-day Benefit Determination Period due to the Covered Person's failure to provide sufficient information to make the benefit determination, the Benefit Determination Period may be extended, provided the Covered Person is notified of the need to extend the period.

Related to Benefit Determination Period

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • Adverse Benefit Determination means any of the following:

  • Event Determination Date means either:

  • Payment Determination Date means, with respect to any Payment Date, one (1) Business Day immediately preceding such Payment Date.

  • Distribution Determination Date means, in respect of any Distribution Period, that number of business days prior thereto as is set out in the applicable Pricing Supplement or on the face of the relevant Perpetual Security;

  • Reset Determination Date means, in respect of the First Reset Period, the second Business Day prior to the First Reset Date, in respect of the first Subsequent Reset Period, the second Business Day prior to the Second Reset Date and, in respect of each Subsequent Reset Period thereafter, the second Business Day prior to the first day of each such Subsequent Reset Period;

  • Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.

  • Interest Determination Date means, with respect to a Rate of Interest and Interest Accrual Period, the date specified as such hereon or, if none is so specified, (i) the first day of such Interest Accrual Period if the Specified Currency is Sterling or (ii) the day falling two Business Days in London for the Specified Currency prior to the first day of such Interest Accrual Period if the Specified Currency is neither Sterling nor euro or (iii) the day falling two TARGET Business Days prior to the first day of such Interest Accrual Period if the Specified Currency is euro.

  • Final Adverse Benefit Determination means an adverse benefit determination that is upheld at the completion of a health plan issuer’s internal appeals process.

  • Determination Period means the period from and including a Determination Date in any year to but excluding the next Determination Date; and

  • SOFR Determination Date has the meaning specified in the definition of “Daily Simple SOFR”.

  • Benefit Distribution Date means the date upon which all or an objectively determinable portion of a Participant’s vested benefits will become eligible for distribution. Except as otherwise provided in the Plan, a Participant’s Benefit Distribution Date shall be determined based on the earliest to occur of an event or scheduled date set forth in Articles 4 through 9, as applicable.

  • SOFR Interest Determination Date means the day that is the number of U.S. Government Securities Business Days prior to the Interest Payment Date in respect of the relevant Interest Period, as specified in the applicable Pricing Supplement.In addition to the Interest Periods and the Interest Payment Dates, the applicable Pricing Supplement shall specify and describe, as applicable, any relevant interest commencement date, interest period end date, interest determination date, index maturity, rate cut-off date, any other terms relating to the particular method of calculating interest on the Average SOFR Note (including any applicable payment delay, lockout or suspension period, lookback or observation shift) and any other terms applicable specifically to such Average SOFR Note.Term SOFR NotesUnless otherwise provided for or modified in the applicable Pricing Supplement, Term SOFR Notes will bear interest at a rate per annum equal to Term SOFR (as defined below) (or Specified-Tenor Term SOFR (as defined below)), plus the Spread.

  • Expert Determination the process described in Paragraph 6 of Schedule 8.3 (Dispute Resolution Procedure);

  • Index Determination Date means, in relation to any Index, a date on which such Indexfalls to be determined in accordance with the Conditions;

  • Eligibility Determination means an approval or denial of eligibility and a renewal or termination of eligibility as set forth in OAR 410-200-0015;¶

  • Monthly Report Determination Date The meaning specified in Section 10.7(a).

  • Spread Determination Date means, for the reset rate notes, any time after the Notice Date but no later than 3:00 p.m., New York City time, on the third business day prior to the related reset date.

  • Final Determination Date means the following:

  • Reset Interest Determination Date means, in respect of any Reset Period, the day falling two Business Days prior to the beginning of the relevant Reset Period;

  • SOFR Determination Time means 3:00 p.m. (New York time) on the U.S. Government Securities Business Day, at which time Compounded SOFR is published on the FRBNY’s Website.

  • Periodic Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • LIBOR Determination Date With respect to any Interest Accrual Period for the LIBOR Certificates, the second London Business Day preceding the commencement of such Interest Accrual Period.

  • Disability benefit recipient means a member who is receiving a disability benefit.

  • LIBOR Interest Determination Date means the second LIBOR Business Day preceding each LIBOR Rate Reset Date.