Health coverage premium definition

Health coverage premium means a premium for contracts, excluding automobile insurance contracts, whereby an insurer is obligated to pay or allow a benefit for the child who is covered under the policy or contract, due to bodily injury, disablement, sickness or because of any expense relating thereto or because of expense incurred in the prevention of sickness to include limited scope plans, such as hospital, medical and prescription.

Examples of Health coverage premium in a sentence

  • Health coverage premium payments, including City offered Medicare supplement plan payments, can come from banked months or dollars for health insurance.

Related to Health coverage premium

  • Insurance Premium means the amount that each Debtor shall pay on a monthly basis to Agos pursuant to the relevant Consumer Loan Agreement, in relation to the insurance premium paid by Agos to the relevant Insurance Company under any Financed Insurance Policy.

  • Premiums means premiums, considerations, deposits and similar receipts with respect to the Policies or Post-Closing Policies.

  • COBRA means the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended.