Coverage Classification definition

Coverage Classification means the type of coverage elected by Participants (e.g., single, single plus one, or family).

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Coverage Classification means the type of coverage elected by AHP Participants and tier (e.g., single, single plus one, or family).

Coverage Classification means the type of coverage elected by Participants (e.g., single, single plus one, or family). “Eligible Employees” refers to employees or former employees of Participating Employers who have the right to enroll in coverage under the terms of the Plan. “Eligible Employees and their Dependents” refers to employees or former employees of Participating Employers, as well as their spouses, children and other dependents as defined under the IRC, who have the right to enroll in coverage under the terms of the Plan.

Examples of Coverage Classification in a sentence

• You must also notify Us in writing each month of any change in the Coverage Classification for any Participant.

• The Policy Charge will be calculated based on the number of Subscribers in each Coverage Classification that we show in our records at the time of calculation.

• The Enrolling Group must notify us in writing each month of any change in the Coverage Classification for any Subscriber.

• The Enrolling Group is solely responsible for enrollment and Coverage Classification changes (including termination of a Covered Person's coverage) and for the timely payment of the Policy Charges.

• We may make retroactive adjustments for any additions or terminations of Subscribers or changes in Coverage Classification that are not reflected in our records at the time we calculate the Policy Charge.

• The Participating Employer must also notify us in writing each month of any change in the Coverage Classification for any Participant.

• The Group must notify us in writing each month of any change in the Coverage Classification for any Subscriber.

• The Enrolling Group must notify us in writing each month of any change in the Coverage Classification for any Subscriber.] If taxes, fees, assessments, or other law change is made retroactively effective to this Policy and results in an increase in our cost of operation, we reserve the right to adjust the Policy Charge accordingly subject to required regulatory approval.

• Unless otherwise defined or the context otherwise clearly requires, terms for which meanings are provided herein shall have such meanings when used in the Disclosure Schedule and each collateral document and certificate executed or required to be executed pursuant hereto or thereto or otherwise delivered, from time to time, pursuant hereto or thereto.

• The Payment Amount will be calculated based on each Participant's Coverage Classification that is shown in the Issuer’s enrollment records at the time of calculation.

More Definitions of Coverage Classification

Coverage Classification means the type of coverage elected by ACEC Plan Participants (e.g., single, single plus one, or family). “Eligible Employees” refers to employees or former employees of engineering firms that are ACEC member firms who have the right to enroll in coverage under the terms of Your SPD. “Eligible Employees and their Dependents” refers to employees or former employees of engineering firms that are ACEC member firms, as well as their spouses, children and other dependents as defined under the IRC, who have the right to enroll in coverage under the terms of Your SPD.