OOP definition

OOP means a one off payment, payable as a lump sum and exclusive of the employee’s base salary.
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OOP means out of pocket expenses related to the Regulatory Approval Preparation Plan and paid to Third Parties.
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OOP means a copyright work within the meaning of Schedule 4 that CLL is reasonably satisfied cannot be obtained within a reasonable period of time at an ordinary commercial price.
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Examples of OOP in a sentence

  • Copayments for the cost difference between generic and brand name drugs do not count against this annual OOP maximum.

  • This amount of money can be credited at the employee’s discretion toward the OOP any other VEHI plan.

  • Employees who have part-time contracts with multiple school district employers, but who meet the minimum eligibility standards hereof on the basis of all such contracted for work, shall be eligible for health insurance coverage according to this Document (“Eligible Employee with Multiple Employers”) as follows: Each district will bear a proportional premium, OOP and administrative fees sharing responsibility equal to the part time percentage of the employee’s contract.

  • Employees who have part-time contracts with multiple school district employers, but who meet the minimum eligibility standards hereof on the basis of all such contracted for work, shall be eligible for Health Insurance coverage according to this Agreement (“Eligible Employee with Multiple Employers”) as follows: Each district will bear a proportionate premium, OOP and administrative fees sharing responsibility equal to the part time percentage of the employee’s contract.

  • For employees enrolled in the VEHI Silver CDHP, employers will pay medical and pharmacy OOP costs with first dollar contributions through an HRA or HSA, at the individual employee’s discretion, in the following amounts: For licensed teachers and administrators: $2100 for a single tier and $4200 for all other tiers; for support staff $2200 for a single tier and $4400 for all other tiers.

  • Eligible employees can receive up to full family coverage under either the BCN (HMO) HDHP 1300/20% - OOP Max $2300/4600 – Rx $4/15/40/80/20% plan.

  • The Board of Education agrees to make available health benefits for eligible employees under the BCN (HMO) HDHP $1350/20% - OOP Max $2300/4600 – Rx $4/15/40/80/20% plan.

  • Public-school employees who work on average a minimum of 17.5 hours per week during the school year or calendar year shall have the right to enroll in a health benefit plan with an employer subsidy to pay for a portion of applicable premium and out-of-pocket (OOP) costs.

  • Under the High Deductible Health Plan, this includes the premium, deductible, and OOP costs.

  • The Board will fund its share of the OOP costs under the Platinum Plan through an HRA.


More Definitions of OOP

OOP means out of pocket.
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