Benefit Value definition

Benefit Value means the amount specified by the school as the cost to the school of the Benefit provided including Fringe Benefit Tax, if any.
Benefit Value means the amount specified by the school as the cost to the school of the Benefit provided, including Fringe Benefit Tax, if any.
Benefit Value means a numerical value based on the expected dollar value of benefits payable to an insured under a health benefit plan. The benefit value must be calculated by the small employer carrier using an actuarially based method and must take into account all health care expenses covered by the health benefit plan and all cost-sharing features of the health benefit plan, including deductibles, coinsurance, copayments, and the insured individual's maximum out-of-pocket expenses. The benefit value must apply equally to indemnity-type health benefit plans and to managed care health benefit plans, including health maintenance organization-type plans.

Examples of Benefit Value in a sentence

  • Best Regards,for Syngene International Ltd.Sanjeev SukumaranChief Human Resource Officer ANNEXURE - I Name : ELIPE VENKATAPAVANPosition : RESEARCH ASSOCIATE TRAINEE - ANALYTICAL - DISCOVERY CHEMISTRYLevel : 9-I Benefit ComponentAnnual Benefit Value Applicable for STA’s (Syngene Training Academy) only: All hires under the STA programme, are bound by the terms and obligations agreed in the SERVICE AGREEMENT executed at the time of joining Syngene.

  • Only leave categories included in the Benefit Value Study shall be allowable.

  • When net Benefit Value exceeds the comparator group by more than five (5) percent (%), the Contractor shall submit a corrective action plan to the Contracting Officer for approval.

  • The Contractor will utilize the comparator companies previously utilized in the last NNSA Consolidated Benefit Value Study.

  • An initial Employee Benefit Value Study (Ben-Val) must be done during the first twelve (12) months of the period of performance of the contract; successive Ben- Val studies are required every three years for all plans identified in paragraph (a).


More Definitions of Benefit Value

Benefit Value means the amount determined in accordance with Section 5.3 with respect to each Title Benefit which is accepted by Buyer or determined to be a Title Benefit pursuant to Section 5.2.
Benefit Value means a numerical value based on the expected dollar value of benefits payable to
Benefit Value means the amount specified by and at no cost to the College of the benefit provided including Fringe Benefit Tax, if any.
Benefit Value means the amount specified by SCEA as the cost to SCEA of the benefit provided including Fringe Benefit Tax, if any.
Benefit Value means the amount specified by the Employer as the cost to the Employer of the Benefit provided including Fringe Benefit Tax, if any; and
Benefit Value means the amount specified by the Centre as the cost to the Centre of the benefit provided including Fringe Benefit Tax, if any.
Benefit Value means a value calculated by the department of the benefit the business makes available to all full-time employees as described below: