Cost Share definition

Cost Share means the member’s financial obligation for a covered service. Depending on the plan type, cost-share may include one or more of the following: deductible, copay, access fee, coinsurance, pharmacy deductible, and precertification charges.

Cost Share or “Cost-sharing” means any expenditure required by or on behalf of an enrollee with respect to receipt of Essential Health Benefits; such term includes deductibles, coinsurance, copayments, or similar charges, but excludes premiums, balance-billing amounts for non- network providers, if applicable, and spending for non-covered services.

Cost Share means the amount paid by an insured customer under the customer's health benefit plan.

Examples of Cost Share in a sentence

• If the project is terminated or is otherwise not funded to completion, the Prime Recipient is not required to pay the entire “Cost Share” amount stated in Block 12 of the Cover Page (Assistance Agreement Form) to this Award; however, the Prime Recipient is required to pay its share (i.e., percentage) of the total project cost incurred to date as of the termination or end date of the Award (except for instances where agreements are terminated during the Cost Share Grace Period).

• If the Prime Recipient receives advance written authorization from the ARPA-E Associate Director for Finance, the Prime Recipient may pay the Cost Share amount on a basis mutually agreed by the Prime Recipient and ARPA-E.

• Recipients on agency review must submit a completed Standard Form (SF) 270 Request for Advance Payment or Reimbursement for each payment requested along with a detailed explanation of how the costs correspond to the approved budget categories as listed on their Application for Federal Assistance SF-424A Budget Information and their Detailed Budget Breakdown or Challenge Cost Share Program Commitment Document, whichever is applicable.

• If the project is continued beyond the Cost Share Grace Period (i.e., authorized to continue to Phase IIS), the Prime Recipient is required to pay at least 10% of the Total Project Cost (including the costs incurred during the Cost Share Grace Period during Phase II) as cost share over the remaining period of performance.

• List of documents pertaining to both State funding and the Grantee’s Local Cost Share and details of the documents/records that State Auditors would need to review in the event that this Grant Agreement is audited.

More Definitions of Cost Share

Cost Share or “cost-sharing” means a contribution of money made by the state in order to pay a percentage of the costs related to the establishment of voluntary or mandatory practices as provided under this chapter, including but not limited to soil and water conservation practices and erosion control practices.

Cost Share means the portion of allowable costs that Sub-recipient or Subcontractor funds in kind toward completing the Project. All Cost Share accounting must comply with the Code.

Cost Share means applicant’s share of proposed eligible project costs.

Cost Share means funds appropriated by the legislative assembly or otherwise transferred by the commission to a local entity under commission policy as reimbursement for a percentage of the total approved cost of a project approved by the commission.

Cost Share means the respective shares of Costs and other liabilities to be borne by each Participant, which will be equal to the respective Interests of each Participant as determined from time to time;

Cost Share means the amount paid by an insured customer under the customer's

Cost Share means, with respect to Covered Services, an amount which a Covered Individual is required to pay under the terms of the applicable Health Benefit Plan. Such payment may be referred to as an allowance, coinsurance, copayment, deductible, penalty or other Covered Individual payment responsibility, and may be a fixed amount or a percentage of applicable payment for Covered Services rendered to the Covered Individual.