Cost of Coverage definition

Cost of Coverage means the amount equal to 100% of the “applicable premium” as defined under Section 4980B(f)(4) of the Code. For purposes of this Agreement, the “Payment Date” means within thirty (30) days immediately following the expiration of the applicable revocation period following the execution of the Release; provided that payment shall be made no later than 2 1/2 months following the end of the calendar year in which the termination occurs; provided, however, that in the event a payment is administratively impracticable to make by the end of the 2 1/2 month period, then such payment shall be made as soon as administratively practicable in accordance with Section 409A of the Code and the regulations thereunder (collectively, “Section 409A”).
Sample 1Sample 2Sample 3
Cost of Coverage means the amount equal to 100% of the “applicable premium” as defined under Section 4980B(f)(4) of the Code. For purposes of this Agreement, the “Payment Date” means within thirty (30) days immediately following the expiration of the applicable revocation period following the execution of the Release (except as otherwise provided in paragraph 4(d) above); provided, that payment shall be made no later than 2 ½ months following the end of the calendar year in which the Termination occurs; provided, however, that in the event a payment is administratively impracticable to make by the end of the 2 ½ month period, then such payment shall be made as soon as administratively practicable in accordance with Section 409A of the Code.
Sample 1
Cost of Coverage shall be defined as the invoice dollar amount from the primary carrier for medical coverage for the individual employee and/or his family if family coverage is provided.
Sample 1

Examples of Cost of Coverage in a sentence

  • Change in Cost of Coverage: If the cost of benefits increases or decreases during a benefit period, the Plan Administrator may, in accordance with plan terms, automatically change the Participant’s elective contribution.

  • Policyholder shall provide HCSC with written notice prior to renewal (and during the plan year, at least sixty (60) days advance written notice) of any changes in its Contribution Rate Based on Cost of Coverage or Contribution Rate Based on a Formula towards the cost of any tier of coverage for any class of Similarly Situated Individuals as such terms are described in applicable regulations.

  • See Cost of Coverage for more information about personal Assessments .

  • Change in Average Cost of Coverage Various small adjustment to FFS average cost projections increase overall projected costs by 0.25% in the current biennium and decrease costs by 0.11% in the next biennium.

  • Clothes washer and dryer,must be checked in the Cost of Coverage Section and additional fee paid for coverage at closing/transfer of title.

  • Covered Expense(s) – Any Medically Necessary expense incurred by a Member subject to all other terms and conditions of the Summary Plan Document Covered Service(s) - Any Medically Necessary service received by a Member subject to all other terms and conditions of the Summary Plan Document Cost of Coverage - You are responsible for the payment of the entire premium for coverage for yourself and your covered Eligible Dependents.

  • Cost of Coverage Required to be Included in the Aggregate Reportable Cost Q&A-17 provides that an employer that contributes to a multi-employer plan is not required to include the cost of coverage provided to an employee under that plan in determining the aggregate reportable cost.

  • Cost of Coverage: The Town currently pays the full cost for the employee’s coverage (single coverage).

  • Cost of Coverage The total cost of coverage is $25.00 per school year.

  • Robert Pear et al., Cost of Coverage Under Affordable Care Act to Increase in 2015, N.Y. TIMES, Nov.


More Definitions of Cost of Coverage

Cost of Coverage. $110 Per Event Please note: Fees are subject to change on July 1 of each year. Previously scheduled events will be billed for amount of increase. Coverage does not apply to certain events such as, but not limited to: ▪ Political Rallies ▪ Any carnival event ▪ Hip-Hop or Rap Bands (Except Christian Hip-Hop or Rap) ▪ Fireworks & fireworks displays ▪ Events involving alcohol being sold ▪ Sporting events including tournaments & camps ▪ Events with attendance of more than 1,000 persons ▪ Events which exceed 72 hours in duration ▪ Events involving pool or lake activities ▪ Events involving recreational vehicles ▪ Events organized or operated by professional promoters/performers ▪ Events involving BYOB (bring your own bottle) ▪ Events where a fee or admission is charged, unless all proceeds go to charity ▪ Amusement rides, including mechanically operated devices, trampolines, rebounding & bungee devices NOTIFICATION OF AN EVENT MUST REACH THE CATHOLIC MUTUAL ST. XXXX SERVICE OFFICE AT LEAST 15 DAYS IN ADVANCE OF THE EVENT Please make check payable to: ADSPM Irrevocable Trust COMPLETE AND RETURN THIS FORM TO: Catholic Mutual Group 000-0xx Xxxxxx Xxxx St. Xxxx, MN 55101 Please report all claims to C.M.G. Agency, Inc. Claims Department at 651-290-1605. Approving Location: ST. XXXX, MN Phone No.: 000-000-0000 Fax No.: 000-000-0000 DISTRIBUTION: Original: C.M.G. Agency, Inc., Copies to Lessee and Parish or Institution
Sample 1

Related to Cost of Coverage

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • Salvage Yard means any non-residential property used for the storage, collection, and/or recycling of any type of equipment, and including but not limited to vehicles, appliances and related machinery.