Eligible Expense means the lesser of the reasonable, customary, usual, fair market value charge for a covered service or the provider's actual charge.
Eligible Expense means that portion of expense incurred for treatment of an Injury which is covered under the Policy without application of Cash Deductibles and Copayments, if any or Coinsurance.
Examples of Eligible Expense in a sentence
The Eligible Applicant must repay, by the date specified by the Minister, all amounts of the Grant that the Minister determines (whether through an inspection, audit, evaluation or other process) to have been paid in respect of an expense that is not an Eligible Expense.
The Eligible Applicant must repay, by the date specified by the Minister, all amounts of the Grant that the Minister determines (whether through an inspection, audit, evaluation, or other process) to have been paid in respect of an expense that is not an Eligible Expense.
Eligible Expenses shall be calculated based on the actual out of pocket cost to the Eligible Applicant (i.e., cost of the Eligible Expense less any rebates, discounts, incentives and/or credits, whether provided at the time of purchase or at a later date).
More Definitions of Eligible Expense
Eligible Expense means expense incurred for services and supplies: (a) listed below; and (b) ordered or prescribed by a Legally Qualified Physician as Medically Necessary for diagnosis or treatment; which are limited to:
Eligible Expense means the Usual and Customary charges incurred for the diagnosis, cure, mitigation, treatment, or prevention of disease, or for the purpose of affecting any structure or function of the body or the expense that is agreed upon as a health services fee for health services and supplies covered under a health plan. The reasonable charge is the lesser of:
Eligible Expense means: i labour costs (gross wages or salaries incurred at reasonable market rates) for those individuals who are specifically identified as performing the service, excluding physicians, academic faculty members or company executives/senior management involved, which is directly attributable to the Project and thereby quantifiable or measurable, unless the Applicant is being reimbursed for such costs elsewhere. Accordingly, general overhead is not considered an Eligible Expense; ii costs of materials, made at the lower of cost or fair market value, which can be specifically identified and quantified as having been incurred in the performance of the Project activities, and which are so identified and quantified consistently in the cost accounting practices of the Applicant; iii acquisitions of property including capital improvements to facility premises and capital equipment (but excluding land and buildings), made at the lower of cost or fair market value, that are critical to the performance of the Project will be considered on a case by case basis upon submission to Alberta Innovates by the Applicant. The contribution will be pro-rated to the Project time frame based on asset’s expected economic life, if purchased, at industry standard depreciation rates with any residual undepreciated value attributed to the economic life of the asset remaining after Project completion being an Ineligible Expense; iv acquisitions of software or information databases, made at the lower of cost or fair market value, that are critical to the performance of the Project will be considered. The cost of such technology will be pro-rated over the duration of the Project; v basic professional services, fees and disbursements, such as ongoing routine accounting, tax and legal business requirements and financing fees, directly related to the Project; vi cost of sub-contractors at fair market rates where the work of the sub-contractor(s) is directly related to the Project; vii costs relating to travel (including mileage, airfare (lowest economy class/excursion or other promotional type of air fare must be sought at the time of booking) and accommodation and meals at reasonable rates; viii additional direct operating costs (incurred at reasonable market rates), not falling within the categories of labour and materials, but which can be specifically identified and quantified as having been incurred, or to be incurred, in the performance of the Project activities and which are so iden...
Eligible Expense means that portion of expense incurred for treatment of an Injury which is covered under the Policy without application of any Deductible, Copayment or Coinsurance, if any.
Eligible Expense means charges for the following necessary treatment and service, not to exceed the usual and customary charges in the area where provided.
Eligible Expense. Eligible Investment"