Benefit Effective Date definition

Benefit Effective Date means, with respect to any addition or upgrade of benefits on or after the Policy Effective Date, the commencement date of such benefit, subject to the respective waiting period (if any). The respective Benefit Effective Date is specified in the Schedule of Insured(s).

Benefit Effective Date means the date on which an Employee’s Election becomes effective. In general, the Benefit Effective Date will be the July 1 following the Open Enrollment Period each year. For newly eligible Employees and Dependents, the Benefit Effective Date will be as described in Sections 6.2 and 6.3 of this Plan.

Benefit Effective Date means the commencement date of benefit under this Policy, subject to the respective waiting period (if any). The respective Benefit Effective Date is specified in the Schedule of Insured(s).

Examples of Benefit Effective Date in a sentence

• Once this benefit is payable, the Insured shall not be entitled to any other benefit under this Policy in respect of the Confinement, surgical procedure or consultation received by the Insured.This benefit is not payable during a waiting period of 1 year from the Policy Effective Date, Insured Effective Date or Benefit Effective Date (whichever is the latest).

• The Investment Mix in effect on the Benefit Effective Date is shown on the Benefit Information page of this policy.

• This Policy has been underwritten based upon the information You provided to Us concerning all persons eligible for benefits under Yourthe Plan on the Original Specific Benefit Effective Date and/or the Original Aggregate Benefit Effective Date (or on the effective date of any class of Covered Persons added thereafter), as applicable.

• Plan benefit design shall be accurately loaded to and testing successfully completed in the Vendor’s {Contractor’s} database at least 45 calendar days before the 1/1/22 Benefit Effective Date.

• Be equipped to receive the Plan’s Claim data files from incumbent Vendors {Contractors} thirty (30) calendar days prior to the Benefit Effective Date.

• This is the day of each month which corresponds to the anniversary day of the Benefit Effective Date.

• Be equipped to receive the State’s Plan Eligibility File within thirty (30) days prior to the Benefit Effective Date; E.

• The file shall be tested with the Vendor’s {Contractor’s} Claim system and plan benefit design, and be ready for Claim payment by the Benefit Effective Date; F.

• Signed for the Company to be effective on the Benefit Effective Date.

• Member ID card design shall be available for approval by the State at least 45 calendar days prior to the Benefit Effective Date; G.

More Definitions of Benefit Effective Date

Benefit Effective Date. – means the date a benefit becomes effective following any waiting periods that may apply.

Benefit Effective Date means July 1, 2021, which is the date when NDPERS will begin receiving services for its Plan Beneficiaries from PBM. Benefit Plan Design(s) or Plan Design(s) - The term “Benefit Plan Design(s)” or “Plan Design(s)” shall mean all matters described in Exhibit D to the Agreement and/or in a Benefit Specification Form or Benefit Change Form. Benefit Specification Form or BSF - The term “Benefit Specification Form” or “BSF” shall mean the form that is completed by NDPERS that specifies the terms and provisions of NDPERS’ Benefit Plan Design(s) and the configuration of system edits, including but not limited to which prescription and OTC medications are covered by NDPERS (and/or are not covered); Copayments and Coinsurance requirements; the Formulary selected; the Benefit Plan Design tier structure; any limitations on coverage such as deductibles; a description of the HDHP and HSA Plan; and any Programs selected for any Plan, together with the relevant protocols and services that must be rendered in connection with each Program. Each Benefit Specification Form must be executed by PBM and NDPERS. PBM and NDPERS will each retain a copy of all Benefit Specification Forms, but PBM will provide NDPERS with said Forms upon request for Audits.

Benefit Effective Date means the date on which an Eligible Employee's coverage under the Plan is effective. Refer to section 2.1 for specific enrollment requirements.