Continuation of Benefits definition

Continuation of Benefits has the meaning set forth in Section 6.3(b)(iv).
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Continuation of Benefits means the continuation of all benefits (to the extent permissible under the terms and conditions of each applicable employee benefit program and applicable law) in which you participate as of the date of the Qualifying Event for the term of the Severance Period, provided that you continue to pay the Company the employee contributions you were paying immediately prior to a Qualifying Event.
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Continuation of Benefits. Provision: The reinsurance liability of Preferred Life under the Reinsurance Agreement shall terminate according to its terms. However, upon the date the Plan is insolvent as defined in Article VII of the Reinsurance Agreement, Preferred Life will provide limited continuation of benefits for Members as described below. There is no liability of Preferred Life under this Endorsement prior to the date all conditions of insolvency in Article VII have been met, including the condition that operations cease.
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Examples of Continuation of Benefits in a sentence

  • Continuation of Benefits (COBRA)For Groups with 20 or more employees, federal law requires the employer to offer continuation of benefits coverage for a specified period of time after termination of employment or reduction of work hours, for any reason other than gross misconduct.

  • Requests for continuation of services during an appeal must be made in accordance with 130 CMR 610.036: Continuation of Benefits Pending Appeal.

  • The policy and procedures for "Continuation of Benefits after Leaving MAHEC" is in the Manual for Residents and Fellows.

  • You will not be entitled to such Severance or Continuation of Benefits if the Company terminates your employment for Cause, if you terminate your employment voluntarily without Good Reason, or if your employment is terminated due to death or permanent disability.

  • Upon the Company’s termination of the Executive’s employment by reason of the Executive’s Disability, the Company’s obligation to the Executive shall be limited solely to the payment of the Accrued Amounts (at the same time and in the same manner as set forth in Section 4.2) and provision of the Continuation of Benefits.

  • Continuation of Benefits During Leaves of Absences Health Benefits 1.

  • Additionally, this Agreement is intended to supplement (and not supersede) any employment or other agreement relating to your compensation, your employment status or the termination of your employment that you may have with the Company, including, without limitation, any agreement relating to payment or amounts (other than Severance and Continuation of Benefits) upon termination of your employment.

  • Following the conclusion of your Continuation of Benefits, you will have the right to continue your group medical and dental insurance coverage under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”).

  • As per the Contaminated Sites Policy Framework (ESRD, 2014, as amended), there is a requirement to ensure all affectedpersons are made aware of the issue and that their input is sought in any remedial action taken.

  • The Employee shall be entitled to continuation of medical insurance coverage under the Company's Continuation of Benefits Program for Former Senior Executives (originally implemented by the Company on January 1, 1993).


More Definitions of Continuation of Benefits

Continuation of Benefits means the Company will pay for the Executive’s benefits coverage as applied under the Consolidated Omnibus Budget Reconciliation Act (COBRA) for a period of (12 or 18) months. This will be the full amount charged for COBRA premiums for Health, Dental, Vision & Rx coverage. This company paid coverage will terminate on the earlier of (i) (12 or 18) months from the Termination Date or (ii) the date on which the Executive accepts other full-time employment and becomes eligible for a group health insurance plan with the new employer, whichever comes first.”
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Continuation of Benefits. The MCO must continue the members benefits during grievances, appeal, external reviews and State fair hearings if: - The member or provider files the appeal in a timely manner - The appeal involves termination, suspension or reduction of previously authorized service - The services were ordered by an authorized provider - The original services coverage period has not expired, or - The member requests a benefits extension. If a benefits continuation is granted, the benefits must be continued until: - The member withdraws the review request - The timeframe for requesting the next level of review passes - An adverse decision is made or the time period, or - The service limits of a previously authorized service has been met. If the final resolution is adverse to the member, the MCO may recover the cost of services furnished while the grievance, appeal, external review or Medicaid hearing was pending. Services may be recovered to the extent they were furnished solely because of the requirements in this section. If a decision is made in favor of the member, the MCO must pay for services received during the review process.
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Continuation of Benefits. Employees off work participating in a rehabilitation plan will be responsible for their portion of health insurance premiums. Health insurance coverage will continue for up to six (6) months, as long as the employee is not more than thirty (30) days late with their portion of the Premium Payments. After six (6) months the employee will be responsible for one hundred and two percent (102%) of the Districts group rate premiums in accordance with COBRA.
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Continuation of Benefits means the Company’s obligation, triggered by the same events applicable to the Severance Payment, to provide continued: (1) health insurance benefits, as in effect at the time of the termination, including any medical, dental, vision or other health-related benefits; and (2) life insurance provided to the Executive by the Company at the time of termination. Such Continuation of Benefits will be provided for, in the case of a Tier 1 Executive, a period of 3 years after the date of termination, and, in the case of a Tier II Executive, 2 years after the date of termination. In the event that Executive subsequently obtains alternative health insurance benefits reasonably equivalent, or superior, to those provided by the Company, the Company may discontinue health insurance benefits. Notwithstanding the foregoing, the Company shall be permitted to make modifications to health insurance benefits which are generally applicable to all participants, and may discontinue a benefit in effect at the time of the termination in the ordinary course of business; provided, that, to the extent permissible, the Company affords the Executive the opportunity to participate in any substitute or alternative benefit which is offered generally to all participants in such discontinued benefit, Nothing contained herein shall require the Executive to take any action to obtain alternative health insurance benefits after the right to a Continuation of Benefits has attached.
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Continuation of Benefits. Life Insurance, L.T.D., Medical and Dental benefits may be continued Benefits can be continued on a normal cost share basis for up to 18 months.
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Continuation of Benefits. During all leaves noted in items (1) through (4) above of this family and medical leave policy, the City will continue to pay the Employer’s portion of health insurance premiums, provided that the employee continues to pay their share of insurance premiums, if any. Leaves such as vacation and sick leave will continue to accrue during paid leave, but not during unpaid leave. An employee may be required to use any applicable accrued paid leaves before a leave without pay commences. Notification and Return to Work: A leave of absence shall be requested in writing and submitted to the department head thirty (30) days prior to the date on which the employee wishes to begin the leave; or as soon as the need for such leave is known, whichever occurs earliest. Determination of applicability of accrued leave time or leave without pay to be used during a leave of absence will be made by the City Human Resources Manager and communicated to the employee as soon as possible following receipt of the leave request. The employee should also provide the supervisor with his or her intended date of return. Upon return from family and medical leave, an employee shall be entitled to return to his/her equivalent position, unless the position is not budgeted. If the employee chooses not to return to work for any reason, he/she should notify the City as soon as possible.
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Related to Continuation of Benefits

  • Coordination of Benefits or “COB” means a provision establishing an order in which plans pay their claims, and permitting secondary plans to reduce their benefits so that the combined benefits of all plans do not exceed total allowable expenses.

  • Assignment of Benefits means an arrangement whereby the Plan Participant assigns their right to seek and receive payment of eligible Plan benefits, in strict accordance with the terms of this Plan Document, to a Provider. If a provider accepts said arrangement, Providers’ rights to receive Plan benefits are equal to those of a Plan Participant, and are limited by the terms of this Plan Document. A Provider that accepts this arrangement indicates acceptance of an “Assignment of Benefits” as consideration in full for services, supplies, and/or treatment rendered.

  • Schedule of Benefits means the section of this policy which shows, among other things, the Eligibility Requirements, Eligibility Waiting Period, Elimination Period, Amount of Insurance, Minimum Benefit, and Maximum Benefit Period.

  • Continuation Coverage means the temporary continuation of PEBB benefits available to enrollees under the Consolidated Omnibus Budget Reconciliation Act (COBRA), 42 U.S.C. Secs. 300bb-1 through 300bb-8, the Uniformed Services Employment and Reemployment Rights Act (USERRA), 38 U.S.C. Secs. 4301 through 4335, or the public employees benefits board's policies.

  • Termination Benefits means the benefits described in Section 4.1(b).

  • Benefits Continuation Period has the meaning set forth in Section 6.01(b).

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Benefit Continuation Period means the period beginning on the Date of Termination and ending on the last day of the month in which occurs the earlier of (i) the 24-month anniversary of the Date of Termination and (ii) the date on which you elect coverage for you and your covered dependents under substantially comparable benefit plans of a subsequent employer.

  • Continuation Period shall have the meaning set forth in Section 6.9(a).

  • Net death benefit means the amount of the life insurance policy or certificate to be settled less any outstanding debts or liens.

  • Health Benefits means health maintenance organization, insured or self-funded medical, dental, vision, prescription drug and behavioral health benefits.

  • Disability benefits means any cash payments which are payable to a covered individual for all or part of a period of disability pursuant to P.L.1948, c.110 (C.43:21-25 et al.).

  • Continuation Date means any date on which Borrower continues a LIBOR Advance into another Interest Period.

  • Compensation and Benefits Programs means all compensation and benefit plans, policies, and programs of the Debtors, and all amendments and modifications thereto, applicable to the Debtors’ employees, former employees, retirees, and non-employee directors and the employees, former employees and retirees of their subsidiaries, including all savings plans, retirement plans, health care plans, disability plans, and incentive plans, deferred compensation plans, and life, accidental death, and dismemberment insurance plans.

  • Employment benefits means all benefits provided or made

  • Termination Benefit means the benefit set forth in Article 7.

  • Social Security Benefits means any social insurance, pension insurance benefits, medical insurance benefits, work-related injury insurance benefits, maternity insurance benefits, unemployment insurance benefits and public housing reserve fund benefits or similar benefits, in each case as required by any applicable Law or contractual arrangements.

  • Change in Control Benefits means the following benefits:

  • Separation Benefits has the meaning accorded such term in Section 3.04.

  • COBRA continuation provision means any of the following:

  • Severance Compensation means the compensation set forth in (i), (ii), and (iv) above.

  • Severance Benefits means the payment of severance compensation as provided in Section 3.3 herein.

  • Compensation Accrued at Termination means the following:

  • Disability Benefit means the benefit set forth in Article 8.

  • superannuation benefit means any payment, other than a refund of contributions, made to a dentist by virtue of the application of the (a) National Health Service Pension Scheme Regulations 1995; or (b) the National Health Service Superannuation Scheme (Scotland) Regulations 1995 or (c) the corresponding provisions of the law in force in Northern Ireland; as a result of his providing general dental services;