Medical Premium definition

Medical Premium means such payments that the Customer is required to pay by the Insurer in satisfaction of the Medical Insurance agreement, whether a renewal, renegotiation, or otherwise as agreed between the Customer and the Insurer.
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Medical Premium. For benefit year 2014 only, the parties agree that Article 13.2
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Examples of Medical Premium in a sentence

  • The Employer will continue to offer a Medical Premium Assistance Program through the duration of this Agreement.

  • If the Medical Premium Subsidy amount exceeds the KPSA premium costs, then the excess amount will be forfeited.

  • The Butte County Flexible Benefits Plan consisting of the Tax Deferred Medical Premium option, the Dependent Care Reimbursement option and the un- reimbursed Health Care Cost option, (hereafter "Cafeteria Plan") is available to all employees in regular-help positions (hereafter "employee").

  • This 3% funding to the Retiree Medical Premium Plan was fully implemented in 2005-2006 and it was the goal of the Insurance Committee to continue a plan for the Retiree Medical Premium Plan that would operate within available resources.

  • The Butte County Flexible Benefits Plan consisting of the Tax Deferred Medical Premium option, the Dependent Care Reimbursement option and the un-reimbursed Health Care Cost option, (hereafter "Cafeteria Plan") is available to all employees in regular-help positions (hereafter "employee").

  • Any cost of medical coverage above the Medical Premium Subsidy shall be borne by the retiree.

  • If a retiree and/or his or her eligible dependents reside outside of a ▇▇▇▇▇▇ Permanente service area, the Medical Premium Subsidy can be used for any Medicare Advantage or Medicare “Medigap” plan premiums.

  • Within any ▇▇▇▇▇▇ Permanente Service Area, Medical Premium Subsidy applies only for the amount of the lowest-cost KPSA coverage (including prescription drug coverage) available to the retiree (and not for any premium plan or non-▇▇▇▇▇▇ Permanente plan).

  • In the event of an eligible retiree’s death, the Medical Premium Subsidy will be available for a surviving spouse or domestic partner, subject to the same rules.

  • In order to help stabilize the Retiree Medical Premium Plan the 3% designated employee contributions approved in the 2004-2006 contract will continue.

Related to Medical Premium

  • Annual Premium means an amount specified in the Schedule, which is payable under the annual Premium payment mode under this Policy, excluding Extra Premium, if any and excluding service tax or any other taxes, cesses or levies, if any;

  • Extra Premium means an additional amount charged by Us, as per Our Underwriting Policy, which is determined on the basis of disclosures made by You in the Proposal Form or any other information received by Us including medical examination report of the Life Insured.

  • Medical physicist means a person trained in evaluating the performance of mammography equipment and facility quality assurance programs and who meets the qualifications for a medical physicist set forth in 41.6(3)“c.”

  • Total Premiums Paid means total of all the premiums received, excluding any extra premium, any rider premium and taxes.

  • Health professional shortage area (HPSA) means an urban or