Claim Payment means the benefit payment calculated by Blue Cross and Blue Shield, after submission of a Claim, in accordance with the benefits described in this Policy. All Claim Payments will be calculated on the basis of the Allowable Amount for Covered Services rendered to a Covered Person, regardless of any separate financial arrangement between Blue Cross and Blue Shield and a particular Provider. (See provisions of this Policy regarding “Blue Cross and Blue Shield's Separate Financial Arrangements with Providers.”)
Claim Payment means the payment issued by Defendant to Settlement Class Members who submit valid and timely claims.
Claim Payment means a payment made to private lenders when a guaranteed loan defaults.
Examples of Claim Payment in a sentence
The amount of each Claim Payment shall be calculated by dividing the Net Settlement Fund (less the cost of one year of Privacy Shield services for Settlement Class Members who claim that benefit) by the number of valid claims for Cash Compensation.
For any Claim Check or Claim Payment returned to the Settlement Administrator as undeliverable (including, but not limited to, when the intended recipient is no longer located at the address), the Settlement Administrator shall make reasonable efforts to find a valid address and resend the Claim Payment within thirty (30) Days after the check or electronic payment is returned to the Settlement Administrator as undeliverable.
The Settlement Administrator shall only make one attempt to resend a Claim Check or Claim Payment.
More Definitions of Claim Payment
Claim Payment means an amount payable to you under the Policy to compensate you for the credit losses you have sustained from unpaid insured receivables.
Claim Payment means a payment made by the Insurer in respect of a Claim.
Claim Payment means the amount We agree to pay You for a claim arising from an insured cause. This may be by way of money or We have the option to settle the claim by way of replacement, reinstatement or repair. The maximum amount we will pay for any one claim is the Limit of Indemnity.
Claim Payment means the benefit calculated by Claim Administrator, plus any related Surcharges, upon submission of a Claim, in accordance with the benefits specified in the Plan for which Claim Administrator has agreed to provide administrative services. All Claim Payments shall be calculated on the basis of the Provider’s Allowable Amount, in accordance with the benefit coverage(s) elected on the most current ASO BPA, for Covered Services rendered to the Covered Person. The term “Claim Payment” also includes Employer’s share of Alternative Provider Compensation Arrangement Payments, whether billed to Employer as part of a Claim or billed separately, as described in the definition of “Alternative Provider Compensation Arrangement Payments.”
Claim Payment means a payment made by Ex-Im Bank with respect to a Claim or a portion thereof. "Claim Payment Date" shall mean the date on which Ex-Im Bank makes a Claim Payment.
Claim Payment means a payment made to private lenders when a guaranteed loan defaults. Report default claim obligations and disbursements in the program and financing schedule (schedule P) in liquidating and guaranteed loan financing accounts. As described below, report the claim payments in the status of guaranteed loans schedule (schedule H) and, for liquidating accounts only, the object class schedule (schedule O). If a loan asset is acquired in exchange for the claim payment, report the claim payment as a termination for default that results in a loan receivable on line 2261 of schedule H, and, for liquidating accounts, as investment and loan obligations on object class line 33 in schedule O. If a physical asset is acquired in exchange for the claim payment, report the claim payment as a termination for default that results in acquisition of property on line 2262 of schedule H, and, for liquidating accounts, the object class that best represents the asset in schedule O. For example, if the asset is a building, then classify the obligations on line 32, land and structures. (See section 83.7 for object classification). If nothing of value is received in exchange for the claim payment, report the claim payment as termination for defaults that result in claim payments on line 2263 in schedule H, and, for liquidating accounts, as insurance claims and indemnities on object class line 42 in schedule O.
Claim Payment means the payment of eligible Claim received by an Empanelled Health Care Provider from the Insurer in respect of benefits under the Risk Cover made available to a Beneficiary.