Run-Out Period definition

Run-Out Period means a period after the close of a Plan Year or other period during which Participants in a flexible spending arrangement (FSA) may request reimbursement for expenses incurred during the Period of Coverage.

Run-Out Period means the time period immediately following the Grace Period, ending on April 30, when Participants may submit Qualifying Medical Care Expenses incurred during the preceding Plan Year and/or Grace Period for reimbursement from their respective unused Benefits remaining at the end of the immediately preceding Plan Year.

Run-Out Period means the set number of days after the plan year ends that allows you to submit claims for eligible expenses incurred during the Plan Year.

Examples of Run-Out Period in a sentence

• Any unused amounts from the end of a Plan Year to which the grace period relates that are not used to reimburse eligible expenses incurred either during the Plan Year to which the grace period relates or during the grace period will be forfeited if not submitted for reimbursement before the end of the Run-out Period.

• This is the same Run-out Period for expenses incurred during the Plan Year to which the grace period relates.

• Applications for reimbursement of expenses incurred during the Plan Year (or during the Grace Period described in the following Section, if applicable) shall be submitted to the Administrator prior to the end of the Runout Period determined by the Administrator in the Plan Adoption Agreement for any Plan Year.

• A Runout Period immediately follows the end of a Plan Year during which an Accountholder may request reimbursement of expenses incurred for qualified benefits during the Plan Year.

• The Allowed Carryover will be the lesser of the Allowed Carryover Maximum or the unused benefit balance at the end of the Runout Period.

More Definitions of Run-Out Period

Run-Out Period means the 90-day period after the end of the Plan Year, or Grace Period, during which Participants may submit claims for Eligible Expenses incurred during the Plan Year..

Run-Out Period has the meaning set forth in Section 13.02.

Run-Out Period means the 24-month period immediately following the termination of this Policy.

Run-Out Period means the ninety (90) day period following a Plan Year in which claims can be made for reimbursable expenses incurred during the Plan Year.

Run-Out Period means the period that ends ninety (90) days following the end of the Plan Year

Run-Out Period means the period that ends ninety (90) days following the end of the Plan Year for claims Incurred during either:

Run-Out Period means the period after what would otherwise have been termination of this Agreement during which any student who enrolled to pursue the Learning Programme during the currency of this Agreement continues to pursue the Learning Programme in accordance with the terms and conditions of their enrolment with the nominated member (as defined in clause 1.3), eUniversities and/or the Supplier, subject to a maximum of five years;