Premium Expense Reimbursement Account definition

Premium Expense Reimbursement Account means the account established for a Participant pursuant to this Plan to which part of his or her Cafeteria Plan Benefit Dollars may be allocated and from which Premiums of the Participant shall be paid or reimbursed. If more than one type of insured Benefit is elected, sub-accounts shall be established for each type of insured Benefit.
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Premium Expense Reimbursement Account means the account established for a Participant pursuant to this Plan to which part of his Cafeteria Plan Benefit Dollars may be allocated and from which Premiums of the Participant shall be paid or reimbursed.
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Premium Expense Reimbursement Account means theaccount establishedfora Participant pursuanttothis Plantowhichpartof his or her Cafeteria Plan Benefit Dollars may be allocatedandfromwhich Premiums of the Participant shall be paid or reimbursed. If more than one type of insured Benefit is elected, sub-accounts shall be established for each type of insured Benefit.
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Examples of Premium Expense Reimbursement Account in a sentence

  • Amounts designated for the Participant's Premium Expense Reimbursement Account shall likewise be credited to such account for the purpose of paying Premium Expenses.

  • Amounts designated for the Participant’s Premium Expense Reimbursement Account shall likewise be credited to such account for the purpose of paying Premium Expenses.

  • Amounts designated for the Participant's Premium Expense Reimbursement Account shall likewise be credited to such Account for the purpose of paying Premium Expenses.

  • Amounts designated forthe Participant's Premium Expense Reimbursement Account shall likewise be credited to such account for the purpose of paying Premium Expenses.

  • Upon request by the individual ESP’s, payroll deductions in the following areas will be honored: Section 125 – pretax cafeteria plan: ● Premium Expense Reimbursement Account (Health and Dental) ● Dependent Care Flexible Spending Account ● Health Flexible Spending Account (“FSA”) The specific terms of the various Reimbursement and spending accounts identified above can be found in the Section 125 Cafeteria Plan documents, which shall govern in the event of any discrepancy or ambiguity.

  • In the alternative to being covered under the Employer’s Insurance Contract(s) for health insurance, the Participant may choose to purchase separate, individual insurance coverage, with the payment for such coverage being made from the Participant’s Premium Expense Reimbursement Account as a payment or reimbursement to the Participant upon substantiation of the payment of applicable insurance Premium amount.

  • Any contribution made or withheld for the Health Flexible Spending Account shall be credited to such fund or account.Amounts designated for the Participant's Premium Expense Reimbursement Account shall likewise be credited to such account for the purpose of paying Premium Expenses.

Related to Premium Expense Reimbursement Account

  • Expense Reimbursement has the meaning set forth in Section 8.2(c).

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).

  • Reimbursement Amount As defined in Section 2.04.

  • Disbursement Account has the meaning ascribed to it in Section 1.1(e).

  • Program Expenses means all UHC’s expenses of administering the Program under the Indenture and the Act and shall include without limiting the generality of the foregoing; salaries, supplies, utilities, labor, materials, office rent, maintenance, furnishings, equipment, machinery and apparatus, including information processing equipment; software, insurance premiums, credit enhancement fees, legal, accounting, management, consulting and banking services and expenses; Fiduciary Expenses; remarketing fees; Costs of Issuance not paid from proceeds of Bonds; and payments to pension, retirement, health and hospitalization funds; and any other expenses required or permitted to be paid by UHC.

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

  • Cost Reimbursement means a contract which provides for a fee other than a fee based on a percentage of cost and under which a contractor is reimbursed for costs which are allowable and allocable in accordance with the contract terms.

  • Administration Expenses Payment means the amount the Administrator will be paid from the Gross Settlement Amount to reimburse its reasonable fees and expenses in accordance with the Administrator’s “not to exceed” bid submitted to the Court in connection with Preliminary Approval of the Settlement.

  • Reimbursement Amounts As defined in Section 3.22.

  • Covered Expenses means expenses actually incurred by or on behalf of a Covered Person for treatment, services and supplies covered by the Policy. Coverage under the Participating Organization’s Policy must remain continuously in force from the date of the Covered Accident or Sickness until the date treatment, services or supplies are received for them to be a Covered Expense. A Covered Expense is deemed to be incurred on the date such treatment, service or supply, that gave rise to the expense or the charge, was rendered or obtained.

  • Premium Amount The amount of premium due to the Note Insurer in accordance with the terms of the Insurance Agreement.

  • Reimbursement Date as defined in Section 2.4(d).