PPO Plan definition

PPO Plan means the coverage schedule listed in the corporation’s Medical Plan as the PPO Plan.
PPO Plan. The lesser of: Individual Plan: 85% of premium or 85% of projected premium as of March 1 of the agreement year. Parent/Child Plan: 80% of premium or 80% of projected premium as of March 1 of the agreement year. Husband/Wife Plan: 70% of premium or 70% of projected premium as of March 1 of the agreement year. Family Plan: 70% of premium or 70% of projected premium as of March 1 of the agreement year. The current plan agreement covers the period of September 1 to August 31. Any additional premium payable by the certificated employees above the Board's contribution will be payroll deducted, as equally as possible, during the months of September through June. No certificated employee will receive more than 100% of the premium cost of his/her basic hospitalization plan.

Examples of PPO Plan in a sentence

  • The District shall provide basic life insurance $75,000 provided by MetLife, major medical insurance provided under CalPERS, dental insurance Delta Dental PPO Plan $1,000 and the Delta Dental PPO Plan $2,500 dental insurance plans provided by Delta Dental, and the Signature Plan vision insurance: provided by Vision Service Plan (VSP).


More Definitions of PPO Plan

PPO Plan. The member shall pay the first thirty percent (30%) of the insurance premium for single coverage. AHS shall pay the remaining seventy percent (70%) of the insurance premium. The member shall pay the first fifty percent (50%) of the insurance premium for spouse and dependent coverage. AHS shall pay the remaining fifty percent (50%) of the insurance premium.

Related to PPO Plan

  • Qualified Plan means a Pension Plan that is intended to be tax-qualified under Section 401(a) of the IRC.

  • Health benefit plan means a policy, contract, certificate or agreement offered or issued by a health carrier to provide, deliver, arrange for, pay for or reimburse any of the costs of health care services.

  • Plan means any employee pension benefit plan (other than a Multiemployer Plan) subject to the provisions of Title IV of ERISA or Section 412 of the Code or Section 302 of ERISA, and in respect of which the Borrower or any ERISA Affiliate is (or, if such plan were terminated, would under Section 4069 of ERISA be deemed to be) an “employer” as defined in Section 3(5) of ERISA.

  • Single Employer Plan any Plan which is covered by Title IV of ERISA, but which is not a Multiemployer Plan.

  • HACCP plan means a written document that delineates the formal procedures for following the hazard analysis and critical control point principles developed by the National Advisory Committee on Microbiological Criteria for Foods.