Premium Rate has the meaning assigned to such term in the Premium Letter.
Premium Rate means the rate charged to an eligible group or eligible individual for a small group health plan.[PL 1991, c. 861, §2 (NEW).]
Premium Rate means any set fee regularly paid by a subscriber to a health insuring corporation. A "premium rate" does not include a one-time membership fee, an annual administrative fee, or a nominal access fee, paid to a managed health care system under which the recipient of health care services remains solely responsible for any charges accessed for those services by the provider or health care facility.
Examples of Premium Rate in a sentence
Premium rate pay at one and one-half (1-1/2) times the base rate plus 28 differential(s) will be paid in the situations outlined in Article 8.
More Definitions of Premium Rate
Premium Rate means the rate charged to an individual for an individual health plan. [PL 1993, c. 477, Pt. C, §1 (NEW); PL 1993, c. 477, Pt. F, §1 (AFF).]
Premium Rate. The per annum rate at which the "Premium" is determined as described in the letter dated February 21, 2003 between the Depositor and the Class A-2 Certificate Insurer (a copy of which shall be provided by the Depositor to the Trustee).
Premium Rate means the rate of Premiums for a Product set out in the Schedules as amended from time to time.
Premium Rate means a call to service where the charge to the calling customer includes payment for the service accessed, normally in addition to standard call or SMS charges.
Premium Rate. 0.10% per annum.
Premium Rate means the "premium" per "sub- scriber" or "covered person" obtained by adjusting the "base rate" for geographic area, family size, age, wellness activi- ties, or any other factors as may be allowed.
Premium Rate. A rate, expressed as a per annum rate, at which the Premium is payable to the Certificate Insurer under the Policy.