Core Benefit definition

Core Benefit means the minimum level of Annual Benefit available to Members, or groups of Members, under a Flexible Benefit Policy.
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Core Benefit means the Death Benefit (where the Policy Owner has selected the Death Benefit) or the Critical Condition Benefit (where the Policy Owner has not selected the Death Benefit). “Cover” means the Benefits that the Insurer agrees to insure, as detailed in this Policy.
Sample 1
Core Benefit means coverage of:
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Examples of Core Benefit in a sentence

  • All current physical Heath Records for the Member needing services not offered through the MCO’s Core Benefit package.

  • All current Behavioral Health Records for the Member needing services not offered through the MCO’s Core Benefit package.

  • A contract is required should an MCO choose to compensate at a rate less than the Medicaid fee schedule for the date of service.• Status Four (4) = Additional Services provided for and reimbursed by the MCO that are not Core Benefit services.

  • Summary of the presenting issues that have lead the MCO and its medical director to request services beyond the Core Benefit package.

  • The Core Benefit portion of the program will continue to be paid by the College.

  • Standardized Medicare supplement benefit plan "B" shall include only the following: The Core Benefit as defined in Section 8(B) of this rule, plus the Medicare Part A Deductible as defined in Section 8(C)(1) of this rule.

  • Standardized Medicare supplement benefit plan "C" shall include only the following: The Core Benefit as defined in Section 8(B) of this rule, plus the Medicare Part A Deductible, Skilled Nursing Facility Care, Medicare Part B Deductible and Medically Necessary Emergency Care in a Foreign Country as defined in Sections 8(C)(1), (2), (3) and (8) respectively of this rule.

  • Standardized Medicare supplement benefit plan "I" shall consist of only the following: The Core Benefit as defined in Section 8(B) of this rule, plus the Medicare Part A Deductible, Skilled Nursing Facility Care, One Hundred Percent (100%) of the Medicare Part B Excess Charges, Basic Prescription Drug Benefit, Medically Necessary Emergency Care in a Foreign Country and At-Home Recovery Benefit as defined in Sections 8(C)(1), (2), (5), (6), (8) and (10) respectively of this rule.

  • Standardized Medicare supplement benefit plan "G" shall include only the following: The Core Benefit as defined in Section 8(B) of this rule, plus the Medicare Part A Deductible, Skilled Nursing Facility Care, Eighty Percent (80%) of the Medicare Part B Excess Charges, Medically Necessary Emergency Care in a Foreign Country, and the At-Home Recovery Benefit as defined in Sections 8(C)(1), (2), (4), (8) and (10) respectively of this rule.

  • Standardized Medicare supplement benefit plan "H" shall consist of only the following: The Core Benefit as defined in Section 8(B) of this rule, plus the Medicare Part A Deductible, Skilled Nursing Facility Care, Basic Prescription Drug Benefit and Medically Necessary Emergency Care in a Foreign Country as defined in Sections 8(C)(1), (2), (6) and (8) respectively of this rule.


More Definitions of Core Benefit

Core Benefit means coverage of: i-ii. (No change.)
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Related to Core Benefit

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

  • Service benefit means the credit toward retirement benefits as determined by the

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Annual Benefit means an annual sum of fifty thousand dollars ($50,000) multiplied by the Applicable Percentage (defined below) and then reduced to the extent required: (i) under the other provisions of this Agreement; (ii) by reason of the lawful order of any regulatory agency or body having jurisdiction over the Employer; and (iii) in order for the Employer to properly comply with any and all applicable state and federal laws, including, but not limited to, income, employment and disability income tax laws (eg., FICA, FUTA, SDI).

  • Fringe benefit means health insurance, a retirement benefit received under a pension plan or defined contribution plan, a paid vacation day, a paid holiday, sick leave, or any other similar employee benefit provided by an employer.

  • Supplemental Retirement Income Benefit means an annual amount (before taking into account federal and state income taxes), payable in monthly installments throughout the Payout Period. Such benefit is projected pursuant to the Agreement for the purpose of determining the Contributions to be made to the Retirement Income Trust Fund (or Phantom Contributions to be recorded in the Accrued Benefit Account). The annual Contributions and Phantom Contributions have been actuarially determined, using the assumptions set forth in Exhibit A, in order to fund for the projected Supplemental Retirement Income Benefit. The Supplemental Retirement Income Benefit for which Contributions (or Phantom Contributions) are being made (or recorded) is set forth in Exhibit A.

  • Supplemental Benefit means the monthly benefit payable to the Executive under this Agreement.

  • Monthly Benefit means the monthly amount payable by Liberty to you if you are Disabled or Partially Disabled.

  • Retirement Benefit means the benefit set forth in Article 5.

  • Maximum Benefit means the maximum benefit amount of each of the benefits covered under this Policy as stated in the Schedule of Benefits.

  • Severance Benefit means the payment of severance compensation as provided in Article III.

  • Change in Control Benefit means the benefit described in Section 2.4.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Net Benefit means the present value of the Covered Payments net of all federal, state, local, foreign income, employment and excise taxes.

  • 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.

  • Other Income Benefits means any benefits listed in the Other Income Benefits provision that you receive on your own behalf or for your dependents, or which your dependents receive because of your entitlement to Other Income Benefits.

  • 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;

  • Normal Retirement Benefit means an annual benefit equal to One Hundred Fifty Thousand Dollars and No/100 ($150,000.00) per year, payable in accordance with the terms of this Agreement. Beginning on the thirteenth month that the Normal Retirement Benefit is paid, and continuing thereafter until paid in full, the Normal Retirement Benefit shall be increased annually by three percent (3%) from the previous year’s Normal Retirement Benefit amount to account for cost of living increases.

  • Severance Amount means:

  • 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;

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

  • Public benefit means making capital available, or facilitating the availability of capital, to businesses in this state that have 750 or fewer employees, the intent of which is to create or retain employment opportunities for residents of this state, stabilize or increase the tax base of this state, or support the redevelopment of facilities for use by small businesses.

  • Actuarial equivalent means a benefit of equal value when

  • Pension Benefit means a pension, annuity, gratuity or similar allowance which is payable—

  • Average Compensation means the average of your W-2 wages from the Company for the five (5) calendar years completed immediately prior to the calendar year in which the Change in Control is effected. Any W-2 wages for a partial year of employment will be annualized, in accordance with the frequency which such wages are paid during such partial year, before inclusion in Average Compensation.

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