Indemnity plan definition

Indemnity plan means a hospital or medical expense-incurred policy, certificate, or contract, major medical expense insurance, or hospital or medical service plan contract.
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Indemnity plan means a health benefit plan that makes
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Examples of Indemnity plan in a sentence

  • If any such employee or eligible subscriber shifts medical coverage to any other plan they shall not be permitted subsequently to re-enter the Traditional Indemnity plan at a later date.

  • Note: If this is an Indemnity plan, there is no difference in payment between a Participating and Non-Participating Provider.

  • Weekly Indemnity plan for new employees to be effective on completion of the probation period.

  • In recognition of the fact that some part-time employees work in excess of their regularly scheduled weekly hours, the Parties agree that the Company will amend the Weekly Indemnity plan so that benefits take into account such employees’ average weekly hours.

  • For the purposes of this Article a day of disability shall be defined as follows: "A day in which the employee is disabled but does not include a day in which an employee has worked three (3) hours or more, except as completion of a regular night shift that commenced the previous day." The costs for medical forms or letters required for the Weekly Indemnity plan shall be reimbursed by the Company.

  • An employee's coverage and the Company's premium contributions in respect of that employee under the Weekly Indemnity plan shall be suspended as of the last day worked following notice of lay-off.

  • All contributions are immediately vested, portable, and paid with pre-tax dollars for federal and state taxes.All faculty and staff members employed one-half time or more in regular status are eligible to participate in the following group insurance programs.Employee Health Benefits Plan The University offers three health benefits plan options, an Indemnity plan, a Preferred Provider Organization (PPO), and a Health Maintenance Organization (HMO).

  • Bargaining unit members hired before 7/1/98 shall pay twenty percent (20%) of the additional cost of the Indemnity plan.

  • If verifiable medical complications occur outside of the period of time covered by E.I. benefits, the Weekly Indemnity plan will become effective.

  • Should any of the amendments to the Weekly Indemnity plan result in a reduction of Unemployment Insurance premiums, the Union agrees that the entire reduction will be retained by the Company.

Related to Indemnity plan

  • Indemnity Payment shall have the meaning set forth in Section 4.4(a).

  • Indemnity, Subrogation and Contribution Agreement means the Indemnity, Subrogation and Contribution Agreement among Xxxxx 0, the Borrower, the Subsidiary Loan Parties and the Collateral Agent, substantially in the form of Exhibit C-3.

  • Indemnification Claim has the meaning set forth in Section 8.4(a).

  • Indemnity Matters means any and all actions, suits, proceedings (including any investigations, litigation or inquiries), claims, demands and causes of action made or threatened against a Person and, in connection therewith, all losses, liabilities, damages (including, without limitation, consequential damages) or reasonable costs and expenses of any kind or nature whatsoever incurred by such Person whether caused by the sole or concurrent negligence of such Person seeking indemnification.

  • Indemnity Claim has the meaning set forth in Section 8.3.

  • Indemnification Claim Notice has the meaning set forth in Section 11.3.

  • Mitigation plan means a proposal that includes the process or means to achieve carbon dioxide mitigation through use of mitigation projects or carbon credits.

  • Indemnity Notice shall have the meaning specified in Section 9.3(b).

  • Indemnifiable Liabilities and "Indemnifiable Amounts" shall have the meanings ascribed to those terms in Section 3(a) below.

  • Indemnification means an agreement of indemnity or a release from liability where the intent or effect is to shift or limit in any manner the potential liability of the person or firm for failure to adhere to applicable auditing or professional standards, whether or not resulting in part from knowing of other misrepresentations made by the insurer or its representatives.

  • Tax Indemnity Agreement means that certain Tax Indemnity Agreement [NW ____ _], dated as of the date hereof, between the Owner Participant and Lessee, as originally executed or as modified, amended or supplemented pursuant to the applicable provisions thereof.

  • Indemnification Escrow Fund has the meaning set forth in Section 2.12(a).

  • Indemnification Cap has the meaning set forth in Section 9.4(a).

  • Indemnity Period means the period during which the results of the business are affected resulting from the occurrence beginning with the date of the accident causing injury but not exceeding the maximum indemnity period

  • Indemnity Amount means the amount of any indemnification obligation payable under the Basic Documents.

  • Indemnity Agreement means that certain Indemnity Agreement dated as of the Closing Date by Borrower and Indemnitor in favor of Lender.

  • Third Party Liability means both of the following:

  • Indemnification Period means the period of time during which Indemnitee shall continue to serve as a director or as an officer of the Corporation, and thereafter so long as Indemnitee shall be subject to any possible Proceeding arising out of acts or omissions of Indemnitee as a director or as an officer of the Corporation.

  • Indemnification Escrow Amount has the meaning set forth in Section 2.2(b).

  • Remediation Plan means a report identifying:

  • Indemnifiable Losses means any and all Losses relating to, arising out of or resulting from any Indemnifiable Claim.

  • D&O Policy has the meaning set forth in Section 6.18(b).

  • Indemnity Cap has the meaning set forth in Section 9.2(b).

  • Business Continuity Plan means any plan prepared pursuant to clause H5.6, as may be amended from time to time.

  • Safety Plan means a written document that has procedures, requirements, or standards related to safety which the pool staff shall follow. The safety plan shall include training and emergency response procedures.

  • Health benefit plan means a policy, contract, certificate or agreement offered or issued by a health carrier to provide, deliver, arrange for, pay for or reimburse any of the costs of health care services.