Premium Charges definition

Premium Charges. The monthly rates set by us as consideration for the benefits offered in this plan. Prescription: A written prescription or oral request for Prescription Drugs issued by a Provider who is licensed to prescribe medications. Prescription Drug: Medications and biological products that relate directly to the treatment of an Illness or Injury, which legally cannot be dispensed without a Prescription and by law must bear the legend: “Caution: Federal law prohibits dispensing without a prescription.” These drugs, including off-label use of FDA-approved drugs (provided that such use is documented to be effective in one of the standard reference compendia; a majority of well-designed clinical trials published in peer-reviewed medical literature document improved efficacy
Sample 1Sample 2Sample 3
Premium Charges. The monthly rates set by us as consideration for the benefits offered in this plan. Prescription: A written prescription or oral request for Prescription Drugs issued by a Provider who is licensed to prescribe medications.
Sample 1

Examples of Premium Charges in a sentence

  • Mortality Charge, Policy Administration Charge and Rider Premium Charges (if any) are deducted monthly through cancellation of units.

  • Whether the applicant is eligible to avail input tax credit of GST paid on payment of Lease Premium Charges (one-time charges) towards land lease for business purpose?Ans: No. the applicant is not eligible to avail input tax credit of GST paid on payment of Lease Premium Charges (one-timecharges) towards land lease.Q2.

  • Static Prepayment Premiums: Static Prepayment Premium Charges (exclusive of any Static Prepayment Premium Charges allocated to the Class A-Y) will generally be distributed on any Distribution Date as follows: A portion (based on the product of the Base Interest Fraction and the Principal Entitlement Fraction as described above) will be delivered to one or more of the following Classes: A-1, A-2, A-3, A-4, B, C, D, E, F, G and H (the “Static Prepayment Premium Classes”).

  • Determination of Premium Charges GIAC determines premium charges based on: o premium payments allocated to the Initial Face Amount and any in force Policy Segments; plus o the Target Premiums associated with the Initial Face Amount and any in force Policy Segments, as described below: In any policy year, GIAC will allocate premium payments to the Initial Face Amount, until such payments equal the Target Premium associated with the Initial Face Amount.

  • The customer will still be obliged to pay in full for the order in respect of which delivery was late, including any of the sums charged specifically for the provision of the Guaranteed Turnaround Service (the Premium Charges).

  • Determination of Premium Charges GIAC determines premium charges based on: o premium payments allocated to the Initial Face Amount and any Policy Segments; and o the Target Premiums associated with the Initial Face Amount and any Policy Segments, as described below: In any policy year, GIAC will allocate premium payments to the Initial Face Amount, until such payments equal the Target Premium associated with the Initial Face Amount.

  • If any payment of Regular Premium is discontinued by the Policyholder after paying the Regular Premium for at least three consecutive years and the Policyholder does not make such payment within the Grace Period, the Insurance Cover under the Policy will continue subject to the Company levying the applicable Mortality Charges, Policy Administration Charges, Fund Management Charges and Rider Premium Charges if any, from the Fund Value.

  • Franchise Position & Premium Charges Weekday Business Day Business Day, First Stock page & Marketplace page Add $133 per column inch Money and Business, page 2 Add $156 per column inch Back page (reserved, add to total price) Add $8,900 to unit price All NYT advertising units available.

  • CALCULATION OF VALUES ACCUMULATION VALUE - The total Accumulation Value reflects the Premiums paid, Premium Charges, Monthly Deductions, the investment experience of the Subaccounts selected, the interest earned on the Fixed Account, if selected, the interest earned on the Loan Account, if any loans are outstanding, and any deductions due to any partial surrenders.

  • B1.2 Monthly Billing for CBIZ Services for Service Provider TARS Program *Monthly Premium Charges for this service will be billed separately to Service Receiver’s TARS Program Monthly Invoices Paid by Service Receiver 3 Paid by Service Receiver directly to CBIZ B1.3 FSA actual payroll deductions Information Systems to provide actual payroll deductions for Flexible Spending Account Health Plan and Flexible Spending Account Dependent Care plan.

Related to Premium Charges

  • Premium surcharge means a payment required from a subscriber, in addition to the subscriber's medical premium contribution, due to an enrollee's tobacco use or an enrolled subscriber's spouse or state registered domestic partner choosing not to enroll in their employer- based group medical when:

  • Track Charges means the charges payable by or on behalf of the Train Operator to Network Rail, as set out in paragraph 1 of Part 2 of Schedule 7 or under the Traction Electricity Rules;

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located.

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Service Charges means the fees levied by the municipality in terms of its tariff policy for any municipal services rendered in respect of an immovable property and includes any penalties, interest or surcharges levied or imposed in terms of this policy.

  • Premium Due Date means date specified in the Schedule on which the Instalment Premium will become due.

  • Premium tax means a tax paid by insurance companies to provincial and territorial governments calculated as a percentage of gross premiums written.

  • Bank Charges means the charges levied by the Merchant Acquiring Bank for Transactions and Refunds. “Bank System” means the banking system operated by any approved bank, financial institution or other body.

  • Contract Charges means charges that accrue during a given month as defined in Article III. “Contract Term” is defined in Article IV.

  • Insurance Premiums shall have the meaning set forth in Section 6.1(b) hereof.

  • Maintenance Charges means the charges payable by the applicant to the Maintenance Agency in accordance with the demand raised by the Maintenance Agency for the maintenance and up keep of the said building/ said complex, including common areas and facilities but does not include; (a) the charges for actual consumption of utilities in the Dwelling Unit including but not limited to electricity, water, which shall be charged based on actual consumption on monthly basis and (b) any statutory payments, taxes, with regard to the Dwelling Unit/ said building/said complex.

  • Premiums means premiums, considerations, deposits and similar receipts with respect to the Policies or Post-Closing Policies.

  • User Charges means a charge made to airlines by a service provider for the provision of airport, airport environmental, air navigation and aviation security facilities and services.

  • Debt Service Charges means for any Measurement Period, the sum of (a) Consolidated Interest Charges paid or required to be paid for such Measurement Period, plus (b) principal payments made or required to be made on account of Indebtedness (excluding the Obligations and any Synthetic Lease Obligations but including, without limitation, Capital Lease Obligations) for such Measurement Period, in each case determined on a Consolidated basis in accordance with GAAP.

  • Insurance Premium means the amount that each Debtor shall pay on a monthly basis to Agos pursuant to the relevant Consumer Loan Agreement, in relation to the insurance premium paid by Agos to the relevant Insurance Company under any Financed Insurance Policy.

  • Bond Service Charges means principal, including mandatory sinking fund requirements for retirement of obligations, and interest, and redemption premium, if any, required to be paid by the authority on obligations.

  • Default Charges Default Interest and/or late payment charges that are paid or payable, as the context may require, in respect of any Mortgage Loan or Serviced Pari Passu Companion Loan or REO Mortgage Loan.

  • Prepayment Charges Any prepayment premium or charge payable by a Mortgagor in connection with any Principal Prepayment on a Mortgage Loan pursuant to the terms of the related Mortgage Note or Mortgage, as applicable.

  • Usage Charges means the Charges for the Service or applicable part of the Service that are calculated by multiplying the volume of units that the Customer used or incurred in a period (e.g. number of users using the Service, or the number of minutes the Service was used for) with the relevant fee that is specified in the Online Order.

  • Water Charges means service charges in respect of the provision of water.

  • Premium pay Per the statute, recipients have broad latitude to designate critical infrastructure sectors and make grants to third-party employers for the purpose of providing premium pay or otherwise respond to essential workers. While the interim final rule generally preserves the flexibility in the statute, it does add a requirement that recipients give written justification in the case that premium pay would increase a worker’s annual pay above a certain threshold. To set this threshold, Treasury analyzed data from the Bureau of Labor Statistics to determine a level that would not require further justification for premium pay to the vast majority of essential workers, while requiring higher scrutiny for provision of premium pay to higher- earners who, even without premium pay, would likely have greater personal financial resources to cope with the effects of the pandemic. Treasury believes the threshold in the interim final rule strikes the appropriate balance between preserving flexibility and helping encourage use of these resources to help those in greatest need. The interim final rule also requires that eligible workers have regular in-person interactions or regular physical handling of items that were also handled by others. This requirement will also help encourage use of financial resources for those who have endured the heightened risk of performing essential work.

  • Minimum Charge means the higher of the rate minimum and the rate applied to the Contracted Minimum Demand;

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • Hire Charges means the rates and charges payable by You for the hire of the Equipment.

  • Total Service Charges means all charges, after application of all discounts and credits, incurred by Customer for Services provided under this Agreement, excluding Taxes, Governmental Charges, equipment, Company ILEC, Company Wireless, Document Delivery Fax, non-recurring, goods and services acquired by Company as Customer’s agent, international access that is passed-through (Type 3/PTT) or provided by Company (Type 1), charges for security services provided by a Cybertrust Security Service Provider listed in the Guide, and other charges expressly excluded by this Agreement.

  • Monthly Charge shall have the meaning set forth in Article 5.