Premium contribution definition

Premium contribution means the amount the adult child is required to pay for coverage under the adult child’s employer− sponsored group health benefit plan or self−insured health plan.
Sample 1Sample 2Sample 3
Premium contribution means the amount paid in exchange for insurance coverage. Depending on the type of coverage, the premium/contribution is paid by the employee, the state, or a combination of both.
Sample 1Sample 2Sample 3
Premium contribution means the Premium payable to the Assurer on a monthly basis in terms of this Policy to secure the Benefits.
Sample 1Sample 2Sample 3

Examples of Premium contribution in a sentence

  • If Premiums are not paid by an Employee, coverage ends as of the due date of that Premium contribution.

  • This hospital was established more than 160 years ago during the Britishcolonial period.

  • Premium contribution for nine-, ten- and eleven-month regular employees will be paid by the District during regular non-pay months.

  • Contributions The Subscriber is responsible for any Premium contribution amount required by the Employer Plan Sponsor.

  • If you elect to continue coverage, you must pay the entire cost of coverage (both the employer’s Premium contribution and the active employee portion of the Premium), plus a 2% administrative fee for the duration of COBRA continuation coverage.

  • If Contractholder fails to timely provide consent and complete information, Contractholder will be solely responsible for reporting Premium contribution information.

  • Premium contribution charts are available on the district website at www.gfschools.org/benefits.

  • Premium contribution for dental and vision coverage shall remain at 7% for the duration of this agreement.

  • Premium contribution for part‐time regular employees: The Employer contribution to the employee only portion for part‐time regular employees is as described above for full‐time regular employees.

  • Pooling increases the predictability of each participant’s losses by reducing the variability of their average loss.6 Premium (contribution) stability in risk pooling allows for more consistency in the annual budgeting for agencies.


More Definitions of Premium contribution

Premium contribution means the amount paid by the insured/covered to buy/subscribe the insurance/family Takaful policy.
Sample 1Sample 2Sample 3
Premium contribution means the amount payable by the Insured to the Company against the consent by the Company to indemnify the third party towards the damage or loss incurred as a direct result of the occurrence of a peril incurred under this Policy.
Sample 1Sample 2
Premium contribution means the amount as determined by the City Treasurer which is payable to the Insurer by any Service Unit of the Council or by or on behalf of any Other Insured, for insurance cover under any Section of this policy in respect of each year of insurance;
Sample 1
Premium contribution means the amount paid in exchange for insurance coverage. Depending on the type of cover-
Sample 1
Premium contribution means the Premium payable, in South African Rand, to the Insurer on a monthly basis in terms of this Policy to secure the Benefits.
Sample 1

Related to Premium contribution

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • In-kind contribution means a contribution of goods or services received by a candidate committee, joint candidates committee, political committee, continuing political committee, political party committee, or legislative leadership committee, which contribution is paid for by a person or entity other than the recipient committee, but does not include services provided without compensation by an individual volunteering a part of or all of his or her time on behalf of a candidate or committee.

  • Contribution Period means the period specified in Article VI for which Employer Contributions shall be made.

  • Qualifying contribution means, with respect to a

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • Accumulated contributions means the sum of all