Premium tax credits definition

Premium tax credits means the tax credits described in section
Sample 1Sample 2Sample 3
Premium tax credits has the meaning set forth in Section 6.5(c). “Producer” has the meaning set forth in the Reinsurance Agreement.
Sample 1Sample 2Sample 3
Premium tax credits shall have the meaning specified in Section 12.2.
Sample 1Sample 2Sample 3

Examples of Premium tax credits in a sentence

  • The second-lowest-cost Silver plan is also known as the “benchmark plan.” Premium tax credits vary by income.

  • Premium tax credits and Cost Sharing Reductions (CSRs) are subsides made available by the federal government to help individuals and families pay for the cost of health insurance coverage purchased through HealthSource RI.

  • Premium tax credits and cost-sharing reductions aren’t available for plans sold outside the exchange.

  • Even though other organizations like commercial businesses, labor unions, associations, foundations, clubs, and non- government organizations (NGOs) have the same format of management structure and some similar operating principles to co-operatives, theseorganizations are not considered as co-operatives.

  • Premium tax credits help consumers afford health coverage purchased through the Marketplace by lowering their monthly premium costs.

  • In particular, after Vermont implements its Exchange in 2014 and individuals enroll in coverage through the Exchange in 2014, the State should refine its estimates for: • Base health care costs in 2017,• Premium tax credits, cost-sharing reductions, insurer fees, and individual penalties under the ACA,• Employer and individual health care costs, and• Estimated administrative costs for operating GMC.

  • Premium tax credits are the difference between this annual premium and their expenditure limit.

  • Premium tax credits generally are available to help pay for coverage for employees who:• Are between 100 percent and 400 percent of the federal poverty level and enroll in coverage through an Exchange;• Are not eligible for coverage through a government-sponsored program like Medicaid or CHIP; and• Are not eligible for coverage offered by an employer or are eligible only for employer coverage that is unaffordable or that does not provide minimum value.

  • Premium tax credits will be especially important to pre-Medicare adults, given their historical difficulty accessing affordable care.

  • Premium tax credits may be paid in advance and applied to the purchase of a qualified health plan through the Marketplace, enabling consumers to purchase insurance even if they lack the ability to pay up front.


More Definitions of Premium tax credits

Premium tax credits means the tax credits
Sample 1Sample 2
Premium tax credits means the tax credits described in section 36B of the Internal Revenue Code.
Sample 1Sample 2
Premium tax credits means, with respect to any calendar year, that portion of premium tax credits (including credits received by Cedant related to Third Party Reinsurance Agreements, but not including guarantee fund assessment credits) available to Cedant or Reinsurer, or both, that (a) are apportionable or allocable to the Reinsured Policies, (b) are available for use with respect to the applicable calendar year and (c) relate to Premiums paid after the Closing Date and during such calendar year.
Sample 1Sample 2
Premium tax credits shall have the meaning set forth in Section 10.2 of the Post-Closing Serviced Policies Administrative Services Agreement
Sample 1
Premium tax credits shall have the meaning set forth in Section 3.06(a) hereof.
Sample 1

Related to Premium tax credits

  • Tax Credits means any state, local and/or federal production tax credit, tax deduction, and/or investment tax credit specific to the production of renewable energy and/or investments in renewable energy facilities.

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

  • Input Tax Credit means the credit of input tax;

  • child tax credit means a child tax credit under section 8 of the Tax Credits Act 2002;

  • Tax Credit means a credit against, relief or remission for, or repayment of any Tax.

  • Pre-Tax Contributions means, for any Participant, the aggregate of the Participant's Basic Pre-Tax Contributions and Supplemental Pre-Tax Contributions contributed to the applicable Pre-Tax Contribution Account.

  • State premium tax liability means any liability

  • 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:

  • Pre-Tax Earnings means the Corporation's earnings before income taxes as reported in the Company's Consolidated Income Statement for each fiscal year of the Performance Period, excluding any non-cash charge incurred in accordance with accounting principles generally accepted in the United States of America (GAAP) for any restricted stock or restricted stock unit awards granted during the Performance Period and all options, restricted stock and other equity compensation granted to Directors during the Performance Period.

  • Third Party Payments means the payment made through instruments issued from an account other than that of the beneficiary investor mentioned in the application form. However, in case of payments from a joint bank account, the first named applicant/investor has to be one of the joint holders of the bank account from which payment is made.

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

  • Pre-Tax Income means income, as determined by GAAP, prior to deduction of the Bonus Pool (as hereinafter defined) and income taxes, and if applicable, after the deduction of any bonus pool of a future officer bonus plan adopted by the Company relating to an applicable Award Year and adjustments approved by the Board as described herein.

  • Medicare Levy Surcharge means an extra charge payable by high income earners beyond the standard Medicare Levy if they do not have qualifying private hospital insurance coverage. This charge is assessed as part of an individual or family’s annual tax return.

  • Policy Payments Account means a separate special purpose trust account that is an Eligible Account, for the benefit of Holders of the Notes and the Credit Enhancer over which the Indenture Trustee has exclusive control and sole right of withdrawal.

  • Loss Adjustment Expense means costs and expenses incurred by the Company in connection with the investigation, appraisal, adjustment, settlement, litigation, defense or appeal of a specific claim or loss, or alleged loss, including but not limited to:

  • Net Tax Benefit has the meaning set forth in Section 3.1(b) of this Agreement.

  • Overpayments as used in this Section include payments (i) made by the System Agency that exceed the maximum allowable rates; (ii) that are not allowed under applicable laws, rules, or regulations; or (iii) that are otherwise inconsistent with this Grant Agreement, including any unapproved expenditures. Xxxxxxx understands and agrees that it shall be liable to the System Agency for any costs disallowed pursuant to financial and compliance audit(s) of funds received under this Grant Agreement. Xxxxxxx further understands and agrees that reimbursement of such disallowed costs shall be paid by Grantee from funds which were not provided or otherwise made available to Grantee under this Grant Agreement.

  • Disallowed costs means those charges determined to be unallowable, in accordance with the applicable Federal statutes, regulations, or the terms and conditions of the Federal award. (2 CFR 200.31 and 45 CFR 75.2)

  • Gross receipts tax means any gross receipts, sales, use, excise, value added or any similar tax.

  • Third Party Payment means payment through an instrument issued from a bank account other than that of the beneficiary investor. In case of payments from a joint bank account, the first named investor/holder of the mutual fund folio has to be one of the joint holders of the bank account from which payment is made.

  • Tax Refunds means refunds of any Cash paid by the Participating CCAA Parties on account of Taxes, refunded to such Participating CCAA Parties from time to time by the applicable Taxing Authorities;

  • Subsidy means the difference between the amount of periodic

  • Hypothetical Tax Liability means, with respect to any Taxable Year, the Hypothetical Federal Tax Liability for such Taxable Year, plus the Hypothetical Other Tax Liability for such Taxable Year.

  • Excess Contributions means, with respect to any Plan Year, the excess of:

  • Credits means the Federal and State Housing Tax Credit program.

  • Annuity Payments The series of payments made to the Owner or any named payee after the Annuity Date under the Annuity Option selected. ANNUITY PERIOD: The period of time beginning with the Annuity Date during which Annuity Payments are made.