Higher deductible definition

Higher deductible means a deductible of not less than $1,000.
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Higher deductible means an annual deductible in the applicable amount (as
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Higher deductible. The term means:
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Examples of Higher deductible in a sentence

  • Key Takeaways- No student health fee, unlike some universities.- Competitive out-of-pocket limit, especially for in-network providers.- Partners and spouses are subject to a “health access fee.”- Higher deductible than half of the other Ivy+ institutions.- Hospitalization coverage can become very expensive, as there is not a copay option per admission, only 20% coinsurance after deductible.- The information is well-displayed and accessible on the website.

  • Higher deductible plans are only appropriate for purchasers who can absorb some degree of fluctuation in cost.

  • Higher deductible plans, however, typically attract individuals with lower expected claims, including those who increase their deductible levels in order to reduce their premium increase.

  • Some PFFS and MSA plans do not have prescription drug (Part D) coverage included, so the member may need to purchase a stand- alone Part D plan.– Higher deductible, but once deductible is met the plan pays 100 percent of covered services.

  • These broad powers are limited by the purposes and subject matter of the inquiry, and a person may object to the production of evidence which is not relevant to the inquiry’s subject matter.

  • This plan functions like a PPO, but features a lower monthly premium in exchange for a higher deductible.✓ Higher deductible to fulfill before plan pays coinsurance✓ Eligible to use Health Savings Account (more info on page 8)✓ Do not need to designate a Primary Care Physician (PCP)✓ Out-of-Network coverage available but at a greater cost Medical Plan Comparison‌ Plan NameDisclaimer: The actual/final rates for the group are determined by the carrier, only after submission of all completed applications.

  • Luxury Class and Diesel Pusher models: Higher deductible and security deposits for these classes apply.

  • Higher deductible amounts do not apply to Burglary and Robbery, Employee Dishonesty, Outdoor Signs, Exterior Grade Floor Glass & Money & Securities coverages.


More Definitions of Higher deductible

Higher deductible means a deductible of not less than $1,000 and not more than $3,000 for 1994. This minimum and maximum shall be adjusted annually by the Department of Revenue to reflect increases in the consumer price index for the United States as defined and officially reported by the United States Department of Labor.
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Higher deductible means £600,000 "IHTA 1984" the Inheritance Tax Xxx 0000;
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Higher deductible means a deductible of not less than two
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Higher deductible means a deductible of not less than one
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Related to Higher deductible

  • Deductible has the meaning set forth in Section 11.1(e).

  • High Deductible Health Plan means a Health Plan as defined by 26 USC § 223(c)(2)(A) that also is a Qualified Health Plan.

  • Deductible Amount means, with respect to any Insuring Agreement, the amount set forth under the heading “Deductible Amount” in Item 3 of the Declarations or in any Rider for such Insuring Agreement, applicable to each Single Loss covered by such Insuring Agreement.

  • de minimis amount means no more than 5 percent of the total power flows in both directions, calculated in accordance with the “5 percent test” set forth in IRS Notice 88-129. This is not intended to be an exclusive list of the relevant conditions that must be met to conform to IRS requirements for non-taxable treatment. At Connecting Transmission Owner’s request, Developer shall provide Connecting Transmission Owner with a report from an independent engineer confirming its representation in clause (iii), above. Connecting Transmission Owner represents and covenants that the cost of the Connecting Transmission Owner’s Attachment Facilities paid for by Developer will have no net effect on the base upon which rates are determined.

  • Bankruptcy Loss Coverage Amount As of any date of determination, the Bankruptcy Loss Coverage Amount shall equal the Initial Bankruptcy Loss Coverage Amount as reduced by (i) the aggregate amount of Bankruptcy Losses allocated to the Certificates since the Cut-off Date and (ii) any permissible reductions in the Bankruptcy Loss Coverage Amount as evidenced by a letter of each Rating Agency to the Trustee to the effect that any such reduction will not result in a downgrading, qualification or withdrawal of the then current ratings assigned to the Classes of Certificates rated by it.

  • Allowable Expense means a necessary, reasonable and customary item of expense for health care, which is:

  • Restoration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Aggregate Loss Severity Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is the aggregate amount of Realized Losses incurred on any Mortgage Loans from the Cut-off Date to the last day of the preceding calendar month and the denominator of which is the aggregate principal balance of such Mortgage Loans immediately prior to the liquidation of such Mortgage Loans.

  • Eligible Expense means the lesser of the reasonable, customary, usual, fair market value charge for a covered service or the provider's actual charge.

  • Fraud Loss Coverage Amount As of the Closing Date, $2,748,787, subject to reduction from time to time, by the amount of Fraud Losses allocated to the Certificates. In addition, on each anniversary of the Cut-off Date, the Fraud Loss Coverage Amount will be reduced as follows:

  • Allowable Expenses means any Medically Necessary, Usual and Customary item of expense, at least a portion of which is covered under this Plan. When some Other Plan provides benefits in the form of services rather than cash payments, the reasonable cash value of each service rendered in the amount that would be payable in accordance with the terms of the Plan shall be deemed to be the benefit.

  • Medicare eligible expenses means expenses of the kinds covered by Medicare Parts A and B, to the extent recognized as reasonable and medically necessary by Medicare.

  • Allowable Deductions means the following costs, charges, and expenses incurred or accrued by Payor:

  • Excess Costs means the additional costs, if any, which shall be

  • Insured Amounts means, with respect to any Distribution Date, the Deficiency Amount for such Distribution Date.

  • Insured Amount As defined in the Policy.

  • Eligible Expenses means expenses incurred for Medical Services rendered with respect to a Disability.

  • Density bonus means a floor area ratio bonus over the otherwise maximum allowable density permitted under the applicable zoning ordinance and land use elements of the general plan of a city, including a charter city, city and county, or county of:

  • Self-insured employer means an employer or group of employers certified under ORS

  • Allowable cost means a cost that complies with all legal requirements that apply to a particular federal education program, including statutes, regulations, guidance, applications, and approved grant awards.

  • Eligible Costs means the actual costs reasonably incurred by the Recipient:

  • Special Hazard Loss Coverage Amount With respect to the first Distribution Date, $5,000,000. With respect to any Distribution Date after the first Distribution Date, the lesser of (a) the greatest of (i) 1% of the aggregate of the principal balances of the Mortgage Loans, (ii) twice the principal balance of the largest Mortgage Loan and (iii) the aggregate of the principal balances of all Mortgage Loans secured by Mortgaged Properties located in the single California postal zip code area having the highest aggregate principal balance of any such zip code area and (b) the Special Hazard Loss Coverage Amount as of the Closing Date less the amount, if any, of Special Hazard Losses allocated to the Certificates since the Closing Date. All principal balances for the purpose of this definition will be calculated as of the first day of the calendar month preceding the month of such Distribution Date after giving effect to Scheduled Payments on the Mortgage Loans then due, whether or not paid.

  • Allowable Costs means the costs defined as allowable in 42 CFR, Chapter IV, Part 413, as amended to October 1, 2007, except for the purposes of calculating direct medical education costs, where only the reported costs of the interns and residents are allowed. Further, costs are allowable only to the extent that they relate to patient care; are reasonable, ordinary, and necessary; and are not in excess of what a prudent and cost-conscious buyer would pay for the given service or item.

  • Excess Fraud Loss Any Fraud Loss, or portion thereof, which exceeds the then applicable Fraud Loss Amount.

  • Excess Loss The amount of any (i) Fraud Loss realized after the Fraud Loss Coverage Termination Date, (ii) Special Hazard Loss realized after the Special Hazard Coverage Termination Date or (iii) Bankruptcy Loss realized after the Bankruptcy Coverage Termination Date.

  • Eligible Liabilities and “Special Deposits” have the meanings given to them from time to time under or pursuant to the Bank of England Act 1998 or (as may be appropriate) by the Bank of England;