Plan Maximums definition

Plan Maximums generally means the total amount the Plan will pay for any Covered Person while he or she is a participant in the Plan, regardless of whether such coverage is continuous. (See the Schedule of Benefits section of the Plan for additional information.)
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Examples of Plan Maximums in a sentence

  • Deductible: NIL Reimbursement Levels: Basic Coverage 80% Accidental Dental injury Coverage 80% Plan Maximums: Basic treatment $ 1,000.00 each calendar year Accidental dental injury treatment, unlimited Prescription Eye Glass Coverage: The company will reimburse the employee for prescription eye glasses, which have been prescribed by an Optometrist, up to a maximum of $75.00 every two-year period, the employee must provide an official receipt.

  • Deductible: NIL Reimbursement Levels: Basic Coverage 80% Accidental Dental injury Coverage 80% Plan Maximums: Basic treatment $ 1,000.00 each calendar year Accidental dental injury treatment, unlimited Prescription Eye Glass Coverage: The Company will reimburse the employee for prescription eye glasses, which have been prescribed by an Optometrist, up to a maximum of $100.00 every two-year period, the employee must provide an official receipt.

Related to Plan Maximums

  • Eligible Participants means persons who, at a particular time, are employees, officers, consultants, or directors of the Company or its subsidiaries;

  • Elective Deferrals mean Compensation and Elective Deferrals for: . [Note: The Employer must complete the blank line with the applicable time period for computing the Basic Match, such as "each payroll period," "each calendar month," "each Plan Year quarter" or "the Plan Year."]