Preferred Allowance definition

Preferred Allowance means the amount a Preferred Provider will accept as payment in full for Covered Medical Expenses.
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Preferred Allowance means the amount a Network Provider will accept as payment in full for Covered Charges.
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Preferred Allowance means the amount a Preferred Provider will accept as payment in full for Covered Medical Expenses. “Out of Network” providers have not agreed to any prearranged fee schedules. You may incur significant out-of-pocket expenses with these providers. Charges in excess of the insurance payment are your responsibility. Regardless of the provider, you are responsible for the payment of your Deductible. You must satisfy your Deductible before benefits are paid. We will pay according to the benefit limits in the Schedule of Medical Expense Benefits.
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Examples of Preferred Allowance in a sentence

  • In-Network Providers have agreed to accept a Preferred Allowance as payment in full.

  • The Insured Person may be responsible for the difference between the Reasonable Charge and the actual charge from the Provider.For a Provider who has a reimbursement agreement, the Reasonable Charge is equal to the Preferred Allowance under any reimbursement agreement with Us, either directly or indirectly through a third party, as described in the Preferred Provider Benefit provision.

  • Preferred Allowance means the amount a Preferred Provider will accept as payment in full or Covered Medical Expenses.

  • Penalties and amounts above the Preferred Allowance or Usual, Reasonable and Customary Expenses do not count toward the Out-of-Pocket Maximum.

  • Preferred Provider Network United States only:• In-Network Preferred Provider: This tier consists of Preferred Providers and Hospitals who have a contract with the Preferred Provider Organization to provide specific medical care and that have agreed to accept a Preferred Allowance as payment in full for the specific service.

  • However they do not keep any statistics pertaining to stalking, as stalking is not an offence under existing law.

  • Benefits are paid at 100% of the Preferred Allowance when services are provided through a Preferred Provider.

  • No benefits will be paid for any expenses incurred that are in excess of the Preferred Allowance or Usual, Reasonable and Customary Charges.

  • The Program Manager will not ask for proof more often than once a year after the two-year period following the child's attainment of age 19.Eligible Expenses means the Preferred Allowance or Usual, Reasonable and Customary charges for services or supplies which are incurred by the Plan Participant for the Medically Necessary treatment of an Injury.

  • Pre-Existing Condition: A pre-existing condition is a disease or physical condition for which medical advice or treatment has been received within 12 months immediately prior to becoming covered under the Plan Preferred Allowance: Refers to the amount an In-Network Provider will accept as payment in full for covered medical expenses.


More Definitions of Preferred Allowance

Preferred Allowance means the amount a Preferred Provider will accept as payment in full for Covered Medical Expenses. "Out of Network" providers have not agreed to any
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Preferred Allowance means the amount a Network Provider will accept as payment in full for Eligible Expenses. Sickness means illness or disease which requires treatment by a Physician while covered by this Plan Document. All related conditions and recurrent symptoms of the same or a similar condition will be considered the same Sickness.
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Preferred Allowance means the amount a Preferred Provider will accept as payment in full for Covered Medical Expenses. “Out of Network” providers have not agreed to any prearranged fee schedules. Insureds may incur significant out- of-pocket expenses with these providers. Charges in excess of the insurance payment are the Insured's responsibility. Regardless of the provider, each Insured is responsible for the payment of their Deductible. The Deductible must be satisfied before benefits are paid. The Company will pay according to the benefit limits in the Schedule of Benefits.
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Preferred Allowance means the amount a Network Provider will accept as payment in full for Eligible Expenses.
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Preferred Allowance. ; means the amount a Preferred Provider will accept as payment in full for covered medical expenses. “Preferred Provider” means the Doctors, Hospitals and other health
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Preferred Allowance means the amount a Preferred Provider and In-Network Provider will accept as payment in full for Covered Medical Expenses.
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Related to Preferred Allowance

  • SO2 Allowance means “allowance” as defined at 42 U.S.C. § 7651a(3): “an authorization, allocated to an affected unit by the Administrator of EPA under Subchapter IV of the Act, to emit, during or after a specified calendar year, one ton of sulfur dioxide.”

  • NOx Allowance means an authorization to emit a specified amount of NOx that is allocated or issued under an emissions trading or marketable permit program of any kind that has been established under the Clean Air Act or a state implementation plan.

  • Retirement allowance means the retirement payments to which a member is entitled.

  • Rent Expense means for any fiscal period, the total amount of rents and other charges payable during such period by the Credit Parties and their respective Subsidiaries under all Real Estate Leases to which they are a lessee, all as determined on a consolidated basis in accordance with GAAP.