Continuation of Benefits definition

Continuation of Benefits has the meaning set forth in Section 6.3(b)(iv).
Sample 1Sample 2Sample 3
Continuation of Benefits means the continuation of all benefits (to the extent permissible under the terms and conditions of each applicable employee benefit program and applicable law) in which you participate as of the date of the Qualifying Event for the term of the Severance Period, provided that you continue to pay the Company the employee contributions you were paying immediately prior to a Qualifying Event.
Sample 1Sample 2Sample 3
Continuation of Benefits. Provision: The reinsurance liability of Preferred Life under the Reinsurance Agreement shall terminate according to its terms. However, upon the date the Plan is insolvent as defined in Article VII of the Reinsurance Agreement, Preferred Life will provide limited continuation of benefits for Members as described below. There is no liability of Preferred Life under this Endorsement prior to the date all conditions of insolvency in Article VII have been met, including the condition that operations cease.
Sample 1Sample 2Sample 3

Examples of Continuation of Benefits in a sentence

  • The Uniformed Services Employment and Reemployment Rights Act of 1994 (USERRA) Continuation of Benefits: Covered employees who are absent due to service in the uniformed services and/or their covered dependents may continue coverage under USERRA for up to 24 months after the date the covered employee is first absent due to uniformed service duty.

  • Any timeliness considerations in filing a Grievance, filing for an Appeal, filing for a State Fair Hearing, or seeking a Continuation of Benefits.

  • Continuation of Benefits (COBRA)For Groups with 20 or more employees, federal law requires the employer to offer continuation of benefits coverage for a specified period of time after termination of employment or reduction of work hours, for any reason other than gross misconduct.

  • Requests for continuation of services during an appeal must be made in accordance with 130 CMR 610.036: Continuation of Benefits Pending Appeal.

  • If a covered dependent loses eligibility, that person may obtain benefits through the COBRA Continuation of Benefits provisions.

  • This sub-sub-subparagraph does not, however, impose any legal liability on the transportation facility owner, obligate such owner to engage in remediation, or waive such owner’s right to recover costs for damages.

  • Continuation of Benefits if You are Disabled If you or your dependent covered as a Health Plan Member is totally disabled at the time your Plan coverage ends, the Plan will continue to pay benefits for covered services that are directly related to the disability if: 1.

  • Any extension of benefits period provided pursuant to this Section shall not postpone the starting date for measurement of the maximum period available for continuation of benefits pursuant to the COBRA Continuation of Benefits (Section A) described above.

  • Continuation of Benefits if you are Disabled If you or your Health Plan Member is totally disabled at the time your Plan coverage ends, the Plan will continue to pay benefits for Covered Services and Supplies that are directly related to the disability if: 1.

  • Continuation of Benefits if you are Disabled If you or your Health Plan Member is totally disabled at the time your Plan coverage ends, the Plan will continue to pay benefits for covered services that are directly related to the disability if: 1.


More Definitions of Continuation of Benefits

Continuation of Benefits means the Company will pay for the Executive’s benefits coverage as applied under the Consolidated Omnibus Budget Reconciliation Act (COBRA) for a period of (12 or 18) months. This will be the full amount charged for COBRA premiums for Health, Dental, Vision & Rx coverage. This company paid coverage will terminate on the earlier of (i) (12 or 18) months from the Termination Date or (ii) the date on which the Executive accepts other full-time employment and becomes eligible for a group health insurance plan with the new employer, whichever comes first.”
Sample 1Sample 2
Continuation of Benefits. Employees off work participating in a rehabilitation plan will be responsible for their portion of health insurance premiums. Health insurance coverage will continue for up to six (6) months, as long as the employee is not more than thirty (30) days late with their portion of the Premium Payments. After six (6) months the employee will be responsible for one hundred and two percent (102%) of the Districts group rate premiums in accordance with COBRA.
Sample 1
Continuation of Benefits. Life Insurance, L.T.D., Medical and Dental benefits may be continued while in receipt of E.I. at 100% your own expense. If you do not continue to pay your LTD premiums, you will not be eligible to apply for LTD. Continuation of Benefits: while receiving W.S.I.B.: Benefits can be continued on a normal cost share basis for up to 18 months. XXXXXX XXXXX MEMORIAL HOSPITAL COMPONENT# 4402 21/02/08 41
Sample 1
Continuation of Benefits. During all leaves noted in items (1) through (4) above of this family and medical leave policy, the City will continue to pay the Employer’s portion of health insurance premiums, provided that the employee continues to pay their share of insurance premiums, if any. Leaves such as vacation and sick leave will continue to accrue during paid leave, but not during unpaid leave. An employee may be required to use any applicable accrued paid leaves before a leave without pay commences. Notification and Return to Work: A leave of absence shall be requested in writing and submitted to the department head thirty (30) days prior to the date on which the employee wishes to begin the leave; or as soon as the need for such leave is known, whichever occurs earliest. Determination of applicability of accrued leave time or leave without pay to be used during a leave of absence will be made by the City Human Resources Manager and communicated to the employee as soon as possible following receipt of the leave request. The employee should also provide the supervisor with his or her intended date of return. Upon return from family and medical leave, an employee shall be entitled to return to his/her equivalent position, unless the position is not budgeted. If the employee chooses not to return to work for any reason, he/she should notify the City as soon as possible.
Sample 1
Continuation of Benefits means the Company’s obligation, triggered by the same events applicable to the Severance Payment, to provide continued: (1) health insurance benefits, as in effect at the time of the termination, including any medical, dental, vision or other health-related benefits; and (2) life insurance provided to the Executive by the Company at the time of termination. Such Continuation of Benefits will be provided for, in the case of a Tier 1 Executive, a period of 3 years after the date of termination, and, in the case of a Tier II Executive, 2 years after the date of termination. In the event that Executive subsequently obtains alternative health insurance benefits reasonably equivalent, or superior, to those provided by the Company, the Company may discontinue health insurance benefits. Notwithstanding the foregoing, the Company shall be permitted to make modifications to health insurance benefits which are generally applicable to all participants, and may discontinue a benefit in effect at the time of the termination in the ordinary course of business; provided, that, to the extent permissible, the Company affords the Executive the opportunity to participate in any substitute or alternative benefit which is offered generally to all participants in such discontinued benefit, Nothing contained herein shall require the Executive to take any action to obtain alternative health insurance benefits after the right to a Continuation of Benefits has attached.
Sample 1
Continuation of Benefits. The MCO must continue the members benefits during grievances, appeal, external reviews and State fair hearings if: - The member or provider files the appeal in a timely manner - The appeal involves termination, suspension or reduction of previously authorized service - The services were ordered by an authorized provider - The original services coverage period has not expired, or - The member requests a benefits extension. If a benefits continuation is granted, the benefits must be continued until: - The member withdraws the review request - The timeframe for requesting the next level of review passes - An adverse decision is made or the time period, or - The service limits of a previously authorized service has been met. If the final resolution is adverse to the member, the MCO may recover the cost of services furnished while the grievance, appeal, external review or Medicaid hearing was pending. Services may be recovered to the extent they were furnished solely because of the requirements in this section. If a decision is made in favor of the member, the MCO must pay for services received during the review process.
Sample 1

Related to Continuation of Benefits

  • Coordination of Benefits or “COB” means a provision establishing an order in which plans pay their claims, and permitting secondary plans to reduce their benefits so that the combined benefits of all plans do not exceed total allowable expenses.

  • Schedule of Benefits means the section of this policy which shows, among other things, the Eligibility Requirements, Eligibility Waiting Period, Elimination Period, Amount of Insurance, Minimum Benefit, and Maximum Benefit Period.

  • Continuation Coverage means coverage under a COBRA continuation provision or a similar state program. Coverage provided by a plan that is subject to a COBRA continuation provision or similar state program, but that does not satisfy all the requirements of that provision or program, will be deemed to be continuation coverage if it allows an individual to elect to continue coverage for a period of at least 18 months. Continuation coverage does not include coverage under a conversion policy required to be offered to an individual upon exhaustion of continuation coverage, nor does it include continuation coverage under the Federal Employees Health Benefits Program.

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Net death benefit means the amount of the life insurance policy or certificate to be settled less any outstanding debts or liens.

  • Health Benefits means health maintenance organization, insured or self-funded medical, dental, vision, prescription drug and behavioral health benefits.

  • Disability benefits means any cash payments which are payable to a covered individual for all or part of a period of disability pursuant to P.L.1948, c.110 (C.43:21-25 et al.).

  • Continuation Date means any date on which Borrower continues a LIBOR Advance into another Interest Period.

  • Employment benefits means all benefits provided or made

  • Separation Benefits has the meaning accorded such term in Section 3.04.

  • Severance Benefits mean the payment of severance compensation as provided in Section 2.3 herein.

  • Disability Benefit means the benefit set forth in Article 8.