MAP-21 Cap definition

MAP-21 Cap means the per-participant cap on the Variable-rate Premium as provided in The Moving Ahead for Progress in the 21st Century Act.

Examples of MAP-21 Cap in a sentence

• For certain plans of small employers, the Variable-rate Premium may be capped at an amount lower than the MAP-21 Cap (see item 7b).Some Single-employer Plans are exempt from the Variable-rate Premium; others may have a Variable-rate Premium of $0.

• General‌Plan Participants must be counted because Flat-rate Premiums are based on the number of Participants, as are both caps on the Variable-rate Premium (MAP-21 Cap and Small Employer Cap).

• GeneralPlan Participants must be counted because Flat-rate Premiums are based on the number of Participants, as are both caps on the Variable-rate Premium (MAP-21 Cap and Small Employer Cap).

• General‌Plan participants must be counted because Flat-rate Premiums are based on the number of participants, as are both caps on the Variable-rate Premium (MAP-21 Cap and Small Employer Cap).