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

Examples of Run-out Period in a sentence

  • Claims Runout Period shall be for the 12 months following the date of termination of this Agreement.

  • Any unused Collateral will be returned to Employer at the end of the Runout Period.

  • Monthly payments for Runout Claims and the Runout Services Fee are due and payable by Employer for each month during the Runout Period within 31 calendar days following delivery to Employer by BCBSKC of the Monthly Settlement Report.

  • Employer shall maintain such letter of credit until the end of the Runout Period.

  • This terms and conditions set forth in this Attachment I will continue throughout the term of the Contract, the Run-out Period (as defined herein), and for an additional twelve (12) months following the end of the Run-out Period, at which time this Attachment will automatically terminate.


More Definitions of Run-out Period

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 has the meaning set forth in Section 13.02.
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 means the 24-month period immediately following the termination of this Policy.
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 set number of days after the plan year ends that allows you to submit claims for eligible transportation or parking expenses incurred during the Coverage Period.