Dual option definition

Dual option means the case where a small or large group policyholder purchases two or more different health plans from two or more affiliates.
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Examples of Dual option in a sentence

  • Graduates of the Master´s programme “Automotive Production Engineering” – Dual option acquire in- depth practical knowledge of minimum one of the following thematic fields: production, automation and equipment technologies, production systems, logistics, technical procurement, engineering, digital tech- nologies/engineering, project and process management, production planning, technology development, production (operational), personnel and leadership.

  • The practice of issuing non convertible debentures with detachable warrants also exists in the Indian market.DUAL OPTION WARRANTS: Dual option warrants are designed to provide the buyer with good potential of capital appreciation and limited downside risk.

  • Specific features unique to this option include:• A Dual option design, permitting the member to have benefits for care received outside of the BlueChoice network.• No member out-of-pocket expenses for any service by a PCP; no copay for preventive care, for sick visits, or tests by an independent lab or radiology group.• A calendar year deductible applicable to specific in network care and most of-of-network care.

Related to Dual option

  • Renewal Option has the meaning set forth in §12.1.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Second Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Option 2 Annual Actual O&M Expenses

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Option 1 [X] Yes, but only with respect to a Contributing Participant's Elective Deferrals.

  • Option 3 [ ] A Participant satisfies the Plan's Early Retirement Age conditions by attaining age ________ (not less than 55) and completing ________ Years of Vesting Service.

  • First Extension Option shall have the meaning set forth in Section 2.2.1(b) hereof.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Option Grant Date means, as to any Stock Option, the latest of:

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Option B has the meaning assigned that term in Section 8.03(e).

  • Stock Index Option means an exchange traded option entitling the holder, upon timely exercise, to receive an amount of cash determined by reference to the difference between the exercise price and the value of the index on the date of exercise.

  • Date of Option Grant means __________________.

  • Covered Call Option means an exchange traded option entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities (excluding Futures Contracts) which are owned by the writer thereof and subject to appropriate restrictions.

  • Approved 102 Option means an Option granted pursuant to Section 102(b) of the Ordinance and held in trust by a Trustee for the benefit of the Optionee.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Option Date means, with respect to any Stock Option, the date on which the Stock Option is awarded under the Plan.

  • Performance Option means an Incentive Stock Option or Nonqualified Stock Option, the grant of which or the exercisability of all or a portion of which is contingent upon the attainment of specified Performance Measures within a specified Performance Period.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.