Medical Coverage definition

Medical Coverage means all medical and dental benefits that are provided Employee at the Effective Time, any medical or dental expense that would be deductible by Employee under section 213 of the Internal Revenue Code of 1986, as amended (the "Code"), including insurance premiums, long term care benefits (determined without regard to any limitation under section 213 of the Code), co-payments and deductible amounts (all determined without regard to the deductible threshold set forth in section 213(a) of the Code) if paid by the Employee directly, and such other reasonable medical and dental expenses that Employer may approve from time to time, but in no event shall Employer's reimbursement obligation for Employee, his Spouse or dependents under this Section 2(d) exceed $1,000,000 (exclusive of any gross up for taxes pursuant to Sections 2(d)(v) or 5 hereof and determined without regard to reimbursements made prior to the Triggering Date under the Nortek Executive Health Reimbursement Plan) in the aggregate during Employee's and his Spouse's lifetimes. Such Medical Coverage shall be extended to any dependent of Employee but only for so long as such person remains a "dependent" under the terms and conditions of Employer's health plan in existence at the Effective Time. Employer shall make all reasonable efforts to include Employee, his Spouse and dependents in any comprehensive medical and/or dental plan provided to active employees from time to time. Employee must make all reasonable effort to obtain and to maintain (at Employer's expense as provided herein) any form of comprehensive medical and/or dental insurance that Employer may require from time to time. If Employee is or becomes eligible for Medicare benefits, the coverage provided by this Section shall be supplemental to Medicare coverage, Parts A and B, and the Participant shall be required to submit claims to Medicare before making any claim for medical care under this Section.

Medical Coverage means healthcare insurance, benefits and/or coverage that either directly pays the cost of medical care or provides reimbursement therefor, and includes, but is not limited to, doctor or other provider services, tests, equipment, prescriptions and anything else generally considered to be related to individual health care, whether preventive or corrective.

Medical Coverage has the meaning set forth in Section 4.2.

Examples of Medical Coverage in a sentence

• If Executive has satisfied the requirements for receiving Retiree Medical Coverage on his Date of Termination or will satisfy such requirements prior to the last day of the CIC Severance Period, Executive (and his dependents) shall be covered by, and receive benefits under, the Company’s Retiree Medical Coverage program for executives at his level.

• Executive’s Retiree Medical Coverage shall commence on the date his group health care coverage terminates under section 4.3 above, and shall continue for the life of the Executive (i.e., the coverage shall be vested and may not be terminated), subject only to such changes in the level of coverage that apply to executives at his level generally.

• However, if the Company reasonably determines that it is necessary or advisable to avoid any penalties or additional taxes associated with such coverage, in lieu of such Continued Medical Coverage, you may receive monthly payments equal to the monthly COBRA rate (or equivalent rate) under such group medical plan less the active employee rate for such medical coverage.

• In no event shall you be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to you under any of the provisions of this Agreement and except as set forth herein with respect to Continued Medical Coverage, such amounts shall not be reduced or otherwise subject to offset in any manner, regardless of whether you obtain other employment.

• In order to receive the Severance Payments, the Prior Year Bonus, and the Continued Medical Coverage and the Accelerated Vesting, you must execute, and not revoke, a fully effective release of claims, substantially in the form attached hereto as Exhibit A, within forty-five (45) days following the date of your termination of employment.

More Definitions of Medical Coverage

Medical Coverage means medical and dental benefits, including the executive medical reimbursement program benefits and reimbursements for annual physical examinations for the Executive and his dependents.

Medical Coverage. The District and SEIU Local 1021 agree to health and benefit plans effective October 1, 2012 that will be revised as follows:

Medical Coverage means any coverage that is intended to pay for covered medical expense regardless of fault, which is provided under:

Medical Coverage means any coverage provided by this policy that is intended to pay for covered medical expense regardless of fault.

Medical Coverage. The employer shall provide MESSA Choices II as described below for a full twelve (12) month period for each year of this Agreement for the bargaining unit member and his/her eligible dependents as defined by MESSA, including sponsored dependents. Should a plan of equivalent benefits become available, the parties will meet and consider such plan.

Medical Coverage means any benefits under health insurance, a 1407 health maintenance organization, a preferred provider 1408 arrangement, or a prepaid health clinic, and the portion of 1409 benefits designated for medical payments under coverage for 1410 workers' compensation coverage, motor vehicle insurance 1411 coverage, personal injury protection, and casualty coverage. 1412 Section 31. Paragraph (k) of subsection (2) of section 1413 456.057, Florida Statutes, is repealed. 1414 Section 32. Paragraphs (ee) and (ff) of subsection (1) of 1415 section 456.072, Florida Statutes, are amended to read: 1416 456.072 Grounds for discipline; penalties; enforcement.— 1417 (1) The following acts shall constitute grounds for which 1418 the disciplinary actions specified in subsection (2) may be 1419 taken: 1420 (ee) With respect to making a medical payments coverage 1421 personal injury protection claim under s. 627.7265 as required 1422 by s. 627.736, intentionally submitting a claim, statement, or 1423 bill that has been upcoded. As used in this paragraph, the term 1424 "upcoded" means an action that submits a billing code that would 1425 result in a greater payment amount than would be paid using a 1426 billing code that accurately describes the services performed. 1427 The term does not include an otherwise lawful bill by a magnetic 1428 resonance imaging facility which globally combines both 1429 technical and professional components, if the amount of the 1430 global bill is not more than the components if billed

Medical Coverage means group medical coverage maintained for Employees by the Employer under a separate plan, program, insurance policy or contract described in Section 213 of the Code (except long-term care insurance) and which satisfies the requirements of Sections 105 and 106 of the Code.