Limited benefit plan definition

Limited benefit plan means a period of time in which a participant or member of a participant’s family is either eligible for reduced assistance only or ineligible for any assistance under the family investment program, in accordance with section 239B.9.
Limited benefit plan or “LBP” means a period of terminated benefits that a person chooses instead of signing or cooperating with a family investment agreement.
Limited benefit plan or “LBP” means a period of time that an FIA-responsible person or their family is ineligible for FIP or eligible for reduced assistance due to an FIA-responsible person’s failure to meet FIA requirements.

Examples of Limited benefit plan in a sentence

  • Form 470-0602, Notice of Decision: Services, shall be issued to the participant to inform the participant that the approval for education is canceled.93.8(9) Limited benefit plan.

  • Amend subrule 41.24(8) as follows:41.24(8) The limited Limited benefit plan (LBP).

  • If an individual participant or the entire family has an acknowledged barrier, the plan for self-sufficiency may be specified in one or more incremental family investment agreements.3. Limited benefit plan.


More Definitions of Limited benefit plan

Limited benefit plan means a period of terminated FIP benefits that an individual chooses instead of signing or cooperating with a family investment agreement.
Limited benefit plan means, for the purposes of this regulation, a policy, contract or certificate issued or offered on a group or individual basis as a supplemental health coverage policy that pays specified amounts according to a schedule of benefits to defray the costs of care, services, deductibles, copayments or coinsurance amounts not covered by a health benefit plan. Limited benefit plans do not include short-term limited duration health benefit policies, contracts or certificates, high-deductible health benefit plans, or catastrophic plans. Such non-supplemental plans are included under the term of “health benefit plan.”

Related to Limited benefit plan

  • Defined Benefit Plan means each Benefit Plan which is subject to Part 3 of Title I of ERISA, Section 412 of the Code or Title IV of ERISA.

  • 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.

  • Parent Benefit Plan means any Employee Benefit Plan maintained by, sponsored by or contributed to by, or obligated to be contributed to by any Parent Group Entity.

  • Company Benefit Plan has the meaning specified in Section 4.13(a).

  • Seller Benefit Plan means each Employee Benefit Plan that is sponsored, maintained or contributed to or required to be contributed to by Seller or any of its Affiliates, or with respect to which Seller or any of its Affiliates may have any Liability, and in which one or more Business Employees participates.

  • Qualified beneficiary means a beneficiary who, on the date the beneficiary's qualification is determined:

  • Foreign Benefit Law means any applicable statute, law, ordinance, code, rule, regulation, order or decree of any foreign nation or any province, state, territory, protectorate or other political subdivision thereof regulating, relating to, or imposing liability or standards of conduct concerning, any Employee Benefit Plan.

  • Basic health benefit plan means any plan offered to an individual, a small group,

  • Employee Pension Benefit Plan has the meaning set forth in ERISA Section 3(2).

  • Covered benefits or “benefits” means those health care services to which a covered person is entitled under the terms of a health benefit plan.

  • Excepted benefits means benefits under one or more (or any combination thereof) of the following:

  • Pension Benefits Act means The Pension Benefits Act of Ontario and regulations thereunder as amended from time to time.

  • Benefit Plan means any of (a) an “employee benefit plan” (as defined in ERISA) that is subject to Title I of ERISA, (b) a “plan” as defined in and subject to Section 4975 of the Code or (c) any Person whose assets include (for purposes of ERISA Section 3(42) or otherwise for purposes of Title I of ERISA or Section 4975 of the Code) the assets of any such “employee benefit plan” or “plan”.