Qualifying Medical Expense definition
Qualifying Medical Expense means a Medical Expense for which the Participant or any Eligible Dependent has not been reimbursed, and which has been incurred and paid for by the Participant or by a Participant's Dependent. The Participant or Eligible Dependent must have a legal obligation to pay the expense, and the expense must not be eligible for reimbursement through insurance or otherwise. Qualifying Medical Expenses do not include:
Qualifying Medical Expense means an expense incurred by a participating Employee, Spouse, or Tax Dependent for medical care, as defined in §213(d) of the Code, excluding (i) premiums for any Health Insurance Plan(s), policy or contract, or (ii) long-term care expenses as defined in §7702B(c) of the Code, and (iii) any expense which has been reimbursed, or is reimbursable, to such Employee, Spouse, or Tax Dependent from any other source.
Qualifying Medical Expense means an expense incurred by a Participant or the Spouse or Dependent of such Participant, for medical care as defined in Code section 213(d) (including without limitation amounts paid for hospital, doctor, dental and vision care, drugs and premiums for accident and health insurance), but only to the extent that the Participant, his Spouse, or Dependent, is not reimbursed for the expense through insurance or otherwise (other than under this Plan). Qualifying Medical Expense shall not include (i) expenses reimbursed or reimbursable under any private, employer-provided, other insurance, or any other accident or health plan, (ii) premiums for COBRA continuation coverage, (iii) expenses taken as a deduction on a Participant’s federal income tax return, and (iv) non-prescription medicines or drugs (other than insulin).
Examples of Qualifying Medical Expense in a sentence
Maximum Annual Benefit means the total Salary Reduction Contributions a Covered Employee authorizes to his or her Health Care Flexible Spending Account, according to the election procedures of Section 7.1, for Qualifying Medical Expense reimbursement, which amount must be not more than an amount communicated annually by the Plan Administrator, which amount shall not exceed the maximum amount allowed under Section 125 of the Code.
For purposes of this Section, a Qualifying Medical Expense shall be incurred on the date the service or supply is provided.
More Definitions of Qualifying Medical Expense
Qualifying Medical Expense means an expense incurred by a Participant or
Qualifying Medical Expense means an expense incurred by a Participant or Eligible Dependent for medical care, as defined in Code Section 213(d), and as allowed under Code Sections 105 and 106 and the Regulations and not otherwise used by the Participant as a deduction in determining the tax liability under the Code, but excluding (a) premiums for any health insurance plan, policy or contract, (b) long-term care expenses as defined in Code Section 7702B(c), and (c) any expense which has been reimbursed, or is reimbursable, to such Employee or Eligible Dependent from any other source. Qualifying Medical Expenses include expenses incurred on or after January 1, 2020, to purchase over-the-counter medicines or drugs for the diagnosis, cure, mitigation, treatment or prevention of disease, or for the purpose of affecting any structure or functions of the body, and that otherwise meet all of the requirements of the first sentence of this paragraph. Only reasonable quantities of over-the-counter medicines or drugs of the same kind may be reimbursed from a Participant’s Health Care FSA in a single calendar month. Notwithstanding the foregoing, Qualifying Medical Expenses do not include items that are used to promote the general good health of an individual or items that are not medicines or drugs, except that Qualifying Medical Expenses also include expenses incurred on or after January 1, 2020, for menstrual care products, as defined in Code Section 223(d)(2)(D).”
Qualifying Medical Expense means an expense incurred by a Participant or the Dependent of such Participant, for medical care as defined in Code section 213(d) (including without limitation amounts paid for hospital, doctor, dental and vision care, drugs and premiums for accident and health insurance), but only to the extent that the Participant or Dependent, is not reimbursed for the expense through insurance or otherwise (other than under this Plan). Qualifying Medical Expense shall not include (i) expenses reimbursed or reimbursable under any private, employer-provided, other insurance, or any other accident or health plan, (ii) premiums for COBRA continuation coverage, (iii) expenses taken as a deduction on a Participant’s federal income tax return, (iv) claims incurred prior to January 1, 2024, excluding claims for qualifying premium(s) for coverage beginning on or after January 1, 2024 which are paid between November 1, 2023 through December 31, 2023 to secure the coverage, and (v) claims incurred prior to becoming a Participant or after participation in the HRA has terminated, excluding claims for qualifying premiums paid for health care coverage which begins on or after the Participation Date of the Eligible Retiree or Eligible Dependent which are paid prior to the Participation Date to secure the coverage.
Qualifying Medical Expense means an expense incurred by a Participant or Eligible Dependent for medical care, as defined in Code Section 213(d), and as allowed under Code Section 105 and the Regulations and not otherwise used by the Participant as a deduction in determining the tax liability under the Code, but excluding (a) premiums for any health insurance plan, policy or contract, (b) long-term care expenses as defined in Code Section 7702B(c), and