Per Employee Per Month (PEPM) definition

Per Employee Per Month (PEPM) means cost per month for each active employee enrolled in the plan as reported by the Aetna Eligibility System for each Self Insured Plan Sponsor.
Sample 1

Examples of Per Employee Per Month (PEPM) in a sentence

  • All fees listed in Exhibit must be provided on a mature Per Employee Per Month (PEPM) basis.

  • Healthways agrees to remove tiered approach and will guarantee enrollment of 3,800 members based on a Per Employee Per Month (PEPM) rate of $1.05 PEPM.

  • Discussion and possible action to approve an amendment to the Morneau Shepell eligibility and enrollment system contract to lower Per Employee Per Month (PEPM) fees from $1.78 to $1.50 beginning September 1, 2019 through the remainder of the contract.

  • Course evaluations (IDEA Short Form) placed the course in the top ten percent.

  • Per Employee Per Month (PEPM) fees are based on the number of employees on record at the start of a given billing cycle or agreed upon schedule.

  • So if a C/I customer who uses self-generation (i.e., PV, fuel cell, etc.) has a maximum demand outside of the PV system’s production period, then that customer will incur the same demand charges, regardless of the amount of PV generation.

  • The bundled monthly administration fee will be calculated and invoiced monthly in arrears by the TPA, using the current monthly enrollment and the Per Employee Per Month (PEPM) Rate provided below.

  • The County’s financial commitment to funding healthcare benefits shall be limited per the Per Employee Per Month (PEPM) budget.

  • See Exhibit I – Claims Projection Detail (page 17).• The calculation development and detail are provided on the following pages.• For Plan Year 2013, the projected claims Per Employee Per Month (PEPM) is$854.71 for the medical, prescription, dental, and vision plans.

  • Contract Year Per Employee Per Month (PEPM) Rate 1/1/2023 – 12/31/2023 $ 1/1/2024 – 12/31/2024 $ 1/1/2025 – 12/31/2025 $ 1/1/2026 – 12/31/2026 $ 1/1/2027 – 12/31/2027* $ *Optional renewal term The fees listed above are firm for the duration of the Contract and are not subject to escalation for any reason unless the Contract is duly amended.

Related to Per Employee Per Month (PEPM)

  • Seller Employee Plan means any plan, program, policy, practice, Contract or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written, unwritten or otherwise, funded or unfunded, including each “employee benefit plan,” within the meaning of Section 3(3) of ERISA (whether or not ERISA is applicable to such plan), that is or has been maintained, contributed to, or required to be contributed to, by the Seller or any Seller Affiliate for the benefit of any Seller Employee, or with respect to which the Seller or any Seller Affiliate has or may have any liability or obligation, except such definition shall not include any Seller Employee Agreement.

  • Employee Pension Plan means any Plan which (a) is maintained by the Borrower, any of its Subsidiaries or any ERISA Affiliate and (b) is subject to Part 3 of Title I of ERISA.

  • Company Employee Plans has the meaning set forth in Section 3.12(a).

  • Company Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "employee benefit plan," within the meaning of Section 3(3) of ERISA which is or has been maintained, contributed to, or required to be contributed to, by the Company or any Affiliate for the benefit of any Employee, or with respect to which the Company or any Affiliate has or may have any liability or obligation;

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

  • Parent Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "EMPLOYEE BENEFIT PLAN," within the meaning of Section 3(3) of ERISA which is maintained, contributed to, or required to be contributed to, by Parent or any Affiliate for the benefit of any Parent Employee;

  • Multi-employer Plan means a "multi-employer plan" as defined in Section 4001(a)(3) of ERISA which is or was at any time during the current year or the immediately preceding six (6) years contributed to by the Borrower or any ERISA Affiliate.

  • Employee Transfer Date means in respect of any particular Transferring Employee the date on which the part of the Services to which they are assigned transfers from the Previous Contractor to the Contractor;

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

  • Employee Plan means each "employee benefit plan," as such term is defined in Section 3(3) of ERISA, that (A)(i) is subject to any provision of ERISA and (ii) is maintained or contributed to by the Company, or (B)(i) is subject to any provision of Title IV of ERISA and (ii) is maintained or contributed to by any of the Company's ERISA Affiliates.

  • Multiple employer welfare arrangement means a multiple employer welfare arrangement

  • Company ERISA Affiliate means all employers (whether or not incorporated) that would be treated together with the Company or any of its Subsidiaries as a “single employer” within the meaning of Section 414 of the Code.

  • Newly hired employee or “New Hire” means any employee, whether permanent, full-time, or part-time, hired by the Office and who is still employed as of the date of new employee orientation. It also includes all employees who are or have been previously employed by the Office and whose current position has placed them in the bargaining unit represented by CSEA. For those latter employees, for purposes of this article only, the “date of hire” is the date upon which the employees’ employment status changed as such that the employee was placed in the CSEA unit.

  • Employee Program means (A) all employee benefit plans within the meaning of ERISA Section 3(3), including, but not limited to, multiple employer welfare arrangements (within the meaning of ERISA Section 3(40)), plans to which more than one unaffiliated employer contributes and employee benefit plans (such as foreign or excess benefit plans) which are not subject to ERISA; and (B) all stock option plans, bonus or incentive award plans, severance pay policies or agreements, deferred compensation agreements, supplemental income arrangements, vacation plans, and all other employee benefit plans, agreements, and arrangements not described in (A) above. In the case of an Employee Program funded through an organization described in Code Section 501(c)(9), each reference to such Employee Program shall include a reference to such organization;

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • Company Plan means all Plans of which the Company or an ERISA Affiliate of the Company is or was a Plan Sponsor, or to which the Company or an ERISA Affiliate of the Company otherwise contributes or has contributed, or in which the Company or an ERISA Affiliate of the Company otherwise participates or has participated. All references to Plans are to Company Plans unless the context requires otherwise.

  • 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”.

  • Taxable value per membership pupil means each of the following divided by the district’s membership:

  • Seller 401(k) Plan has the meaning set forth in Section 5.5(e).

  • IESO-Controlled Grid has the meaning ascribed to it by the IESO Market Rules.

  • Canadian Benefit Plans means all material employee benefit plans of any nature or kind whatsoever that are not Canadian Pension Plans and are maintained or contributed to by any Credit Party having employees in Canada.

  • Company Plans has the meaning set forth in Section 4.10(a).

  • Seller Benefit Plans has the meaning set forth in Section 4.10(a).

  • Parent ERISA Affiliate means any entity that is considered a single employer with Parent under Section 414 of the Code.

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • Buyer Benefit Plans has the meaning set forth in Section 6.10(f).