Platinum Plan definition

Platinum Plan means any of the Platinum Plans set forth on Exhibit O.
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Platinum Plan. List of Covered Products: Built-in microwave, kitchen exhaust fan, range/oven/cooktop, dishwasher, refrigerator (EXCLUDES ICE MAKER), garbage disposal, whole house humidifier, and water heater.
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Platinum Plan. Maximum out of pocket (OOP) costs of $2,800 single coverage, $5,600 other coverages. Teachers are responsible for the first $400 of OOP costs required for single coverage, the first $800 for two persons or parent-child coverage and the first $1 ,000 for family coverage. The District will fund the next OOP costs of $2,100 (single coverage), $4,200 two persons or parent child coverage and $4,000 family coverage through a Health Reimbursement Account (HRA). Teachers will then be responsible for the last $300 of OOP costs required for single coverage, the last $600 for two persons or parent-child coverage and the last $600 for family coverage. Gold Plan: Maximum out of pocket (OOP) costs of $3,100 single coverage, $6,200 other coverages. Teachers are responsible for the first $400 of OOP costs required for single coverage, the first $800 for two persons or parent-child coverage and the first $1 ,000 for family coverage. The District will fund the next OOP costs of $2, 100 (single coverage), $4,200 two persons or parent child coverage and $4,000 family coverage through a Health Reimbursement Account (FIRA). Teachers will then be responsible for the last $600 of OOP costs required for single Silver Plan: Maximum out of pocket (OOP) costs of $4,000 single coverage, $8,000 other coverages. Teachers are responsible for the first $400 of OOP costs required for single coverage, the first $800 for two persons or parent-child coverage and the first $ 1 ,000 for family coverage. The District will fund the next OOP costs of $2, 100 (single coverage), $4,200 two persons or parent child coverage and $4,000 family coverage through a Health Reimbursement Account (FIRA). Teachers will then be responsible for the last $1,500 of OOP costs required for single coverage, the last $3,000 for two persons or parent-child coverage and the last $3,000 for family coverage
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Examples of Platinum Plan in a sentence

  • All employees hired on or after September 19, 2011 (“New Hires”) will participate in the Platinum Plan of the United Food and Commercial Workers Unions and Food Employers Benefit Fund (Platinum Plan) for the life of this Agreement.

  • As of July 1, 2017, the Employer shall contribute $5.7740 per hour for the Platinum Plan and $4.3305 per hour for the Gold Plan.

  • Students required to purchase the 7–Day Silver Anytime Plan cannot change to the 5-Day Anytime Dining Meal Plan or a Block Plan, but may upgrade to a Gold or Platinum Plan.

  • This Benefit will be available in case the Policyholder has chosen the Gold or Platinum Plan Option.

  • If the insured is injured due to an accident and is continuously confined to hospital or to the insured’s home except for attending medical appointments, we pay $750 per month under the Platinum Plan and $500 per month under the Gold or Silver Plan.

  • This Benefit will be available only in case the Policyholder has chosen the Platinum Plan Option.

  • The Board will have the same monetary obligation to fund the first dollar of OOP costs required under the Platinum Plan that the Board has under the Gold CDHP Plan, based on the level of coverage selected.

  • Contractor must offer health insurance coverage to GOSR temporary employees that meet or exceed the standards of the Affordable Care Act of 2010 – Platinum Plan (for New York City – Zip Code 10004) or the State of New York.

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

  • Platinum Plan: Maximum out of pocket (OOP) costs of $2,800 single coverage, $5,600 other coverages.


More Definitions of Platinum Plan

Platinum Plan. Bargaining unit members who participate in the Platinum Plan will be eligible for the following funding to a Health Reimbursement Account (HRA). During the 2021-2022 contract year, the District will fund up to $1,500.00 annually for single coverage and up to $3,000.00 annually for all other coverage levels in a Health Reimbursement Account (HRA). The HRA funding may be used for the deductible, medical copayments, out of network claims, and prescription copayments. During the 2022-2023 contract year, the District will fund up to $1,500.00 annually for single coverage and up to $3,000 annually for all other coverage levels in a Health Reimbursement Account (HRA). The HRA funding may be used for the deductible, medical copayments, out of network claims, and prescription copayments. During the 2023-2024 contract year, the District will fund up to $1,500.00 annually for single coverage and up to $3,000.00 annually for all other coverage levels in a Health Reimbursement Account (HRA). The HRA funding may be used for the deductible, medical copayments, out of network claims, and prescription copayments. During the 2024-2025 contract year, the District will fund up to $1,200.00 annually for single coverage and up to $2,700.00 annually for all other coverage levels in a Health Reimbursement Account (HRA). The HRA funding may be used for the deductible, medical copayments, out of network claims, and prescription copayments.
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Platinum Plan. Maximum out of pocket (OOP) costs of $2,800 single coverage, $5,600 other coverages. Teachers are responsible for the first $400 of OOP costs required for single coverage, the first $800 for two persons or parent-child coverage and the first Gold Plan: Maximum out of pocket (OOP) costs of $3,100 single coverage, $6,200 other coverages. Teachers are responsible for the first $400 of OOP costs required for single coverage, the first $800 for two persons or parent-child coverage and the first $1,000 for family coverage. The District will fund the next OOP costs of $2,100 (single coverage), Silver Plan: Maximum out of pocket (OOP) costs of $4,000 single coverage, $8,000 other coverages. Teachers are responsible for the first $400 of OOP costs required for single coverage, the first $800 for two persons or parent-child coverage and the first
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Platinum Plan. Maximum out of pocket (OOP) costs of $2,800 single coverage, $5,600 other coverages. Employees are responsible for the first $400 of OOP costs required for single coverage, and the first $800 for two persons, parent-child or family coverage. The District will fund the remaining OOP costs of $2,100 (single coverage) and $4,200 for two person, parent-child or family coverage through a Health Reimbursement Account (HRA). Employees will then be responsible for the last $300 of OOP costs required for single coverage, and the last $600 for two persons, parent-child or family coverage. Gold Plan: Maximum out of pocket (OOP) costs of $3,100 single coverage, $6,200 other coverages. Employees are responsible for the first $400 of OOP costs required for single coverage, and the first $800 for two persons, parent-child or family coverage. The District will fund the remaining OOP costs of $2,100 (single coverage) and $4,200 for two person, parent-child or family coverage through a Health Reimbursement Account (HRA). Employees will then be responsible for the last $600 of OOP costs required for single coverage and the last $1,200 for two-person, parent-child coverage or family coverage. Silver Plan: Maximum out of pocket (OOP) costs of $4,000 single coverage, $8,000 other coverages. Employees are responsible for the first $400 of OOP costs required for single coverage, and the first $800 for two persons, parent-child or family coverage. The District will fund the remaining OOP costs of $2,100 (single coverage) and $4,200 for two person, parent-child or family coverage through a Health Reimbursement Account (HRA). Employees will then be responsible for the last $1,500 of OOP costs required for single coverage and the last $3,000 for two persons, parent-child or family coverage. Funds in the HRA will be available and may be used solely to pay for qualified medical and prescription drug expenses that track towards the annual deductible, co-payments or co-insurance of the Plan selected. Unspent funds in the HRA will not rollover or accumulate from year to year, but will revert to the District, subject to a ninety (90) day run out period. Payments for eligible OOP charges incurred will be made automatically to the Provider whenever possible; the District will issue debit cards to facilitate such payments. The Parties understand and agree that the use of debit cards and automatic payment options are only available to pay the teacher’s share of OOP costs in cases where the tea...
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Platinum Plan. Maximum out of pocket (OOP) costs of $2,800 single coverage, $5,600 other coverages. Employees are responsible for the first $400 of OOP costs required for single coverage, the first $800 for two persons or parent-child coverage and the first $1,000 for family coverage. The District will fund the next OOP costs of $2,100 (single coverage), $4,200 two Gold Plan: Maximum out of pocket (OOP) costs of $3,100 single coverage, Silver Plan: Maximum out of pocket (OOP) costs of $4,000 single coverage,
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Platinum Plan. Maximum out of pocket (OOP) costs of $2,800 single coverage, Gold Plan: Maximum out of pocket (OOP) costs of $3,100 single coverage, $6,200 other coverages. The Board will have the same monetary obligation to fund the first dollar of OOP costs required under the Gold Plan that the Board has under the Gold CDHP Plan, based on the level of coverage selected. ESPs will be financially responsible to pay the difference in last dollar OOP costs associated with the Gold Plan, Silver Plan: Maximum out of pocket (OOP) costs of $4,000 single coverage, $8,000 other coverages. The Board will have the same monetary obligation to fund the first dollar of OOP costs required under the Silver Plan that the Board has under the Gold CDHP Plan, based on the level of coverage selected. ESPs will be financially responsible to pay the difference in last dollar OOP costs associated with the Silver Plan, based on the level of coverage selected. The Board will fund its share of the OOP costs under the Silver Plan through an HRA.
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Platinum Plan. Maximum out of pocket (OOP) costs of $2,800 single coverage, Gold Plan: Maximum out of pocket (OOP) costs of $3,100 single coverage, $6,200 other coverages. The Board will have the same monetary obligation to fund the first dollar of OOP costs required under the Gold Plan that the Board has under the Gold CDHP Plan, based on the level of coverage selected. ESPs will be financially responsible to pay the difference in last dollar OOP costs associated with the Gold Plan, based on the level of coverage selected. The Board will fund its share of the OOP costs under the Gold Plan through an HRA. Silver Plan: Maximum out of pocket (OOP) costs of $4,000 single coverage, $8,000 other coverages. The Board will have the same monetary obligation to fund the first dollar of OOP costs required under the Silver Plan that the Board has under the Gold CDHP Plan, based on the level of coverage selected. ESPs will be financially responsible to pay the difference in last dollar OOP costs associated with the Silver Plan, based on the level of coverage selected. The Board will fund its share of the OOP costs under the Silver Plan through an HRA.
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Related to Platinum Plan

  • Consortium Plan Consortium Plan means the description of the Action and the related agreed budget as first defined in the Grant Agreement and which may be updated by the General Assembly.

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.

  • MIC A mortgage insurance certificate issued by HUD.

  • Company 401(k) Plan shall have the meaning set forth in Section 6.09(e).

  • EHC plan means an Education, Health and Care plan made under sections 37(2) of the Children and Families Act 2014.

  • Merit system plan means those regulations adopted by the Board in the development and operation

  • AIP means the Nucor Corporation Senior Officers Annual Incentive Plan and any successor plan.

  • Program Plan means the tobacco settlement program plan dated February 14, 2001, including exhibits to the program plan, submitted by the authority to the legislative council and the executive council, to provide the state with a secure and stable source of funding for the purposes designated by section 12E.3A and other provisions of this chapter.

  • Company Incentive Plan shall have the meaning assigned to it in Section 1.7 hereof.

  • Opium poppy means the plant of the species Papaver somniferum L., except its seeds.

  • ESP means the Company’s Executive Savings Plan.

  • Buyer 401(k) Plan has the meaning set forth in Section 6.01(h).

  • Condominium Plan means a plan described in Section 4285.

  • Separation Plan means the Company’s Separation Plan Amended and Restated Effective August 13, 2006, as may be amended from time to time or any successor plan, program, arrangement or agreement thereto.

  • Incentive Plans means any incentive, bonus, deferred compensation or similar plan or arrangement currently or hereafter made available by Employer in which Executive is eligible to participate.

  • Incentive Plan means any plan providing compensation that depends on achieving certain performance goals or similar conditions within a specified period;

  • Supply Plan has the meaning set forth in the CAISO Tariff.

  • Management Plan means a plan to manage the activities and protect the special value or values in an Antarctic Specially Protected Area or an Antarctic Specially Managed Area.

  • Long-Term Incentive Plan or “LTIP” means a plan providing compensation intended to motivate performance over a period greater than one financial year. LTIPs do not include option or SAR plans or plans for compensation through shares or units that are subject to restrictions on resale;

  • the BCTF Plan means the Group RRSP entered into by the Federation and Royal Trust or a successor to that plan;

  • Annual Incentive Plan means the Cinergy Corp. Annual Incentive Plan or any similar plan or successor to the Annual Incentive Plan.

  • MIP has the meaning set forth in Section 3(b) of the Agreement.

  • Rectification Plan means the rectification plan pursuant to the Rectification Plan Process;

  • General Plan means a document that a municipality adopts that sets forth general

  • NABP means the National Association of Boards of Pharmacy.

  • BCDR Plan means the plan consisting of general business continuity and disaster recovery principles, the Business Continuity Plan and Disaster Recovery Plan as further described in paragraph 1.2 of Schedule 2- 14.