Daily Benefit definition

Daily Benefit. — means the amount shown next to your name in the Schedule. This amount applies to every person separately if cover is extended to include “family”.
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Daily Benefit means $50 per day with respect to the Insured Person.
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Daily Benefit means one-thirtieth of one per cent (1/30 of 1%) of the Insured Employee's Benefit Amount, to a maximum monthly benefit of two thousand and five hundred dollars ($ 2,500), which maximum is in combination with the Hospital Indemnity maximum provided under any other policy issued to the Policyholder by the Insurer.
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Examples of Daily Benefit in a sentence

  • The MCOP shall maintain the integrity of its membership data through reconciliation of the daily HIPAA 834C files (Daily Benefit Enrollment and Maintenance) and the monthly HIPAA 834F file (Monthly Benefit Enrollment and Maintenance) transactions pursuant to ODM instructions.

  • The MCP shall maintain the integrity of its membership data through processing and loading of data contained for each individual in the daily HIPAA 834C (Daily Benefit Enrollment and Maintenance) files and reconciling the daily changes with the monthly HIPAA 834F (Monthly Benefit Enrollment and Maintenance) file.

  • The MCP shall maintain the integrity of its membership data through reconciliation of the daily HIPAA 834C (Daily Benefit Enrollment and Maintenance File) and the monthly HIPAA 834F (Monthly Benefit Enrollment and Maintenance File) transactions.

  • The MCP shall maintain the integrity of its membership data through processing and loading of the daily HIPAA 834C (Daily Benefit Enrollment and Maintenance File) and reconciling the daily changes with the monthly HIPAA 834F (Monthly Benefit Enrollment and Maintenance File) transactions.

  • The MCOP shall maintain the integrity of its membership data through reconciliation of the daily HIPAA 834C (Daily Benefit Enrollment and Maintenance File) and the monthly HIPAA 834F (Monthly Benefit Enrollment and Maintenance File) transactions pursuant to ODM instructions.

  • The Nursing Facility Maximum Daily Benefit is selected by You at the time of application and is described below.

  • The Policy Lifetime Maximum Benefit is determined by multiplying the Nursing Facility Maximum Daily Benefit by a multiplier.

  • The Residential Care Facility Maximum Daily Benefit is a multiple of the Nursing Facility Maximum Daily Benefit.

  • We will pay the Eligible Charges for each day that You are confined in a Nursing Facility or Residential Care Facility for up to the Nursing Facility Maximum Daily Benefit or Residential Care Facility Maximum Daily Benefit, as appropriate, provided that Your stay must begin while Your coverage under the Policy is in force.

  • The Nursing Facility Maximum Daily Benefit is the maximum dollar amount payable for any one day of care in a Nursing Facility.


More Definitions of Daily Benefit

Daily Benefit means one-thirtieth of one percent (1/30 of 1%) of the Insured Person's Principal Sum, to a maximum monthly benefit of the amount of Hospital Indemnity stated in the section entitled "Schedule of Benefits", which maximum is in combination with the Hospital Indemnity maximum provided under any other policy issued to the Policyholder by the Insurer.
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Daily Benefit means one-thirtieth of one percent (1/30 of 1%) of the Insured Person's Principal Sum, to a maximum monthly benefit of two thousand and five hundred dollars ($ 2,500), which maximum is in combination with the Hospital Indemnity maximum provided under any other policy issued to the Policyholder by the Insurer.
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Daily Benefit means fifty dollars ($50) per day, not to exceed the Hospital Indemnity Benefit Amount stated in the Schedule, which is in combination with the Hospital Indemnity maximum provided under any other policy issued to the Policyholder by the Insurer.
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Related to Daily Benefit

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

  • Last Monthly Benefit means the gross Monthly Benefit payable to the Insured Employee immediately prior to death. Any reductions for Other Income Benefits, or for earnings the Insured Employee received for Partial Disability Employment, will not apply.

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

  • Actuarial equivalent means a benefit of equal value when

  • Normal Retirement Benefit means the benefit described in Section 2.1.