Grandfathered plan definition

Grandfathered plan means coverage provided by a health carrier to (i) a small employer on March

Grandfathered plan means the term as it is defined in the Department of Labor Regulations, 29 C.F.R. § 2590.715-1251.

Grandfathered plan means coverage provided by a health carrier in which an individual was enrolled on March 23, 2010, for as long as such plan maintains that status in accordance with federal law.

Examples of Grandfathered plan in a sentence

• The prescription drug rider for this plan has a lower premium than the current HIP HMO Gold Preferred Plan (Grandfathered) plan, and the cost sharing is similar to the GHI-CBP Optional Rider.

• Indicate below whether the Plan is a grandfathered plan or non-grandfathered plan for purposes of compliance with federal regulations governing claims procedures: [ ] (a) Grandfathered plan.

• Indicate below whether the Plan is a grandfathered plan or non-grandfathered plan for purposes of compliance with federal regulations governing claims procedures: [X] (a) Grandfathered plan.

• This benefit option is offered to you in lieu of any medical/prescription drug benefit coverage (also known as the Grandfathered plan) from CenturyLink, Instead, you are electing to use the Company subsidy dollars that will be placed in a Health Reimbursement Account (HRA) which you can access to reimburse yourself for medical premiums you have paid to a carrier of your choice for an individual Medicare policy (such as Medicare Supplemental/gap, Part D or Medicare Advantage).

More Definitions of Grandfathered plan

Grandfathered plan means coverage provided by a health carrier to (i) a small employer on March 23, 2010, or (ii) an individual that was enrolled on March 23, 2010, including any extension of coverage to an individual who becomes a dependent of a grandfathered enrollee after March 23, 2010, for as long as such plan maintains that status in accordance with federal law.

Grandfathered plan means the Worthington Industries, Inc. Amended and Restated 2005 Deferred Compensation Plan for Directors, as amended.

Grandfathered plan means the Supplemental Retirement Plan I of General Mills, Inc. (Grandfathered) under which benefits were earned and vested as of December 31, 2004 (within the meaning of Code section 409A and official guidance thereunder). Section 2.9A Involuntary Termination shall mean a Participant’s Separation from Service on account of an involuntary termination of employment with the Company, other than for misconduct, which occurs solely due to the Company’s independent exercise of its unilateral authority to terminate the Participant’s employment and not due to the Participant’s voluntary termination of employment. In addition, to qualify as an Involuntary Termination under this Plan, the Participant must execute such release agreement otherwise provided by the Company.

Grandfathered plan means the terms and provisions of the Plan in effect immediately prior to the Restatement Effective Date.

Grandfathered plan means a health plan in which an individual was enrolled on March 23, 2010, for as long as it main- tains that status in accordance with the Affordable Care Act.

Grandfathered plan means the Worthington Industries, Inc. Amended and Restated 2005 Deferred Compensation Plan.

Grandfathered plan means the Hewlett Packard Enterprise Grandfathered Executive Deferred Compensation Plan, which is attached hereto as Attachment A.