Silver plan means a qualified health plan that meets the requirements established by 42 U.S.C. § 18022 for a silver level plan.
Silver plan means an individual or small group health benefit plan that meets the criteria for a silver plan prescribed by the director by rule pursuant to ORS 743.822 (2).
Examples of Silver plan in a sentence
Specifically, effective December 2021, in the pay period in which there will be an increase in health insurance premiums, the COUNTY will increase the bi-weekly fringe benefit package by zero percent (0%) to five percent (5%) (based on the premium increase to the Kaiser Silver plan or the COUNTY’s lowest cost HMO at that time) for benefitted employees at the employee plus one (1) and employee plus family benefit levels.
More Definitions of Silver plan
Silver plan means an individual or small group health benefit plan that meets the criteria for a silver plan prescribed by the director by rule pursuant to section 2 of this 2011 Act.
Silver plan means an individual or small group health benefit plan
Silver plan. Means a state alert to manage cases of missing persons who have cognitive disorders.
Silver plan means an individual or small group health benefit plan that meets the criteria for a silver plan prescribed by the director by rule pursuant to section 2, chapter , Oregon Laws 2011 (Enrolled Senate Bill 91).
Silver plan. Means a national alert to manage cases of missing persons with cognitive impairments.
Silver plan. Maximum out of pocket (OOP) costs of $4,000 single coverage, $8,000 other coverages. Employees are responsible for the first $400 of OOP costs required for single coverage and the first $800 for two person, parent-child or family coverage. The District will fund the next OOP costs of $2,100 (single coverage) or $4,200 for two persons, parent child or family coverage through a Health Reimbursement Account (HRA). Employees will then be responsible for the last $1,500 of OOP costs required for single coverage and the last $3,000 for two persons, parent- child or family coverage. Funds in the HRA will be available and may be used solely to pay for qualified medical and prescription drug expenses that track towards the annual deductible, co-payment or co-insurance expenses required by the Plan selected. Unspent HRA funds will not rollover or accumulate from year to year, but will revert to the Board, subject to a ninety (90) day run out period. Payments for eligible OOP charges incurred will be made automatically to the Provider whenever possible; the District may also issue debit cards to facilitate such payments. The Parties understand and agree that the use of debit cards and automatic payment options are only available in cases where the employee has established a Flexible Spending Account (FSA) under the WNESU Flexible Benefits Plan from which payment for the employee’s share of OOP payments can be made. The WNESU Flexible Benefits Plan document will allow employees to roll over funds in the employee’s FSA from one calendar year to the next to the extent allowed by law. The District will be responsible for the administrative costs of operating the HRA plan. Any substantive or procedural issue related to the operation or administration of the HRA Plan not specified herein is left to the discretion of the District.
Silver plan. Maximum out of pocket (OOP) costs of $4,000 single coverage, $8,000 other coverage. Teachers electing single coverage are responsible for the first $1,875 of OOP costs required and teachers electing any other coverage level are responsible for the first $3,750 of OOP costs required The Board will fund the remaining OOP costs of $2,125 (single coverage) or $4,250 (other coverage levels) through a HRA.