Discount plan definition

Discount plan means a business arrangement or contract in which a person, in exchange for fees, dues, charges, or other consideration, offers members the access to providers of medical or ancillary services and the right to receive discounts on medical or ancillary services provided under the discount plan from those providers. The term includes a discount prescription drug plan. The term does not include:
Discount plan means a business arrangement or contract in which a person, in
Discount plan means a business arrangement or contract in which a person, in exchange for fees, dues, charges, or other consideration, provides access for plan members to providers of medical services and the right to receive medical services from those providers at a discount. The term does not include any product regulated under chapter 627, chapter 641, or part I of this chapter; any medical services provided through a telecommunications medium that does not offer a discount to the plan member for those medical services; or any plan that does not charge a fee to plan members. Until June 30, 2018, a discount plan may also be referred to as a discount medical plan.

Examples of Discount plan in a sentence

  • A one time $60.00 payment for each active Business or Organization 15% Dis- count listing sold by Contractor according to Company’s Annual Business or Or- ganization 15% Discount plan.

  • Effective August 1, 2001, the Volume Discount plan is limited only to existing subscribers to this service.


More Definitions of Discount plan

Discount plan means the discount plan or plans described on Schedule 1 attached hereto and made a part hereof.
Discount plan means where applicable on a Quotation a monthly discount plan which is given as a credit towards the Customer’s monthly spend on a PAYG basis.
Discount plan means a card or other purchasing mechanism or device that is not insurance, under this title, or a discount plan, as defined in chapter 48.155 RCW, that purports to offer discounts or access to discounts in health-related purchases from health care providers.

Related to Discount plan

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.