Annual Copayment Maximum Sample Clauses

Annual Copayment Maximum. Definition The Annual Copayment Maximum is the maximum amount you pay out of your pocket in a year. Once you meet the Annual Copayment Maximum you are no longer responsible for Cost Share amounts for eligible covered Services, unless otherwise noted under the When You Pay More section of this chapter. See the Benefit Summary section in the front of this Guide to see what your Annual Copayment Maximum amount is. When You Pay More The following amounts do not apply toward meeting the Annual Copayment Maximum. You are responsible for these amounts even after you have met your Annual Copayment Maximum.  Active&Fit or any fitness programsBariatric surgery program  Complementary alternative services such as chiropractic, acupuncture, massage therapy, or naturopathy  Cosmetic plastic surgery  Cosmetic dermatology  Dental services  Dressings and casts  Health education services, classes or support groups  HMO Flex services  Lasik eye surgery  Medical social servicesSexual dysfunction drugs  Payments for services subject to a maximum once you reach the maximum. See Benefit Maximum later in this chapter.  Take-home supplies  Travel immunizations  Any amounts you owe in addition to your Cost Shares for covered Services.  Payments you make for non-covered, excluded, or exhausted Services Note: It is recommended that you keep receipts as proof of your payments. All payments are credited toward the Accumulation Period in which the medical services were received. Annual Deductible Definition The Annual Deductible is the amount you must pay for certain covered medical Services in an Accumulation Period before KP will cover those Services. Once you meet the Annual Deductible, you are no longer responsible for deductible amounts for the remainder of the Accumulation Period, and you pay the Cost Share for the covered Services. Each member Annual Deductible counts toward the family unit Annual Deductible amount. Most HMO Plans do not have a deductible. Amounts paid as Member Rates for non-covered benefits or services do not count toward payment of a Deductible. See the Benefit Summary section in the front of this Guide to see if your plan has a Deductible, the amount, and what that Deductible applies to. How the Deductible Works For each Accumulation Period, only certain covered Services are subject to the Deductible, unless your plan does not have a Deductible. See the Benefit Summary section in the front of this Guide to see if your plan has a Deductibl...
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Related to Annual Copayment Maximum

  • Annual maximums State Dental Plan coverage is subject to a one thousand dollar ($1,000) annual maximum benefit payable (excluding orthodontia) per person. "Annual" means per insurance year.

  • Severability; Maximum Payment Amounts If any provision of this Agreement is prohibited by law or otherwise determined to be invalid or unenforceable by a court of competent jurisdiction, the provision that would otherwise be prohibited, invalid or unenforceable shall be deemed amended to apply to the broadest extent that it would be valid and enforceable, and the invalidity or unenforceability of such provision shall not affect the validity of the remaining provisions of this Agreement so long as this Agreement as so modified continues to express, without material change, the original intentions of the parties as to the subject matter hereof and the prohibited nature, invalidity or unenforceability of the provision(s) in question does not substantially impair the respective expectations or reciprocal obligations of the parties or the practical realization of the benefits that would otherwise be conferred upon the parties. The parties will endeavor in good faith negotiations to replace the prohibited, invalid or unenforceable provision(s) with a valid provision(s), the effect of which comes as close as possible to that of the prohibited, invalid or unenforceable provision(s). Notwithstanding anything to the contrary contained in this Agreement or any other Transaction Document (and without implication that the following is required or applicable), it is the intention of the parties that in no event shall amounts and value paid by the Company and/or any of its Subsidiaries (as the case may be), or payable to or received by any of the Buyers, under the Transaction Documents (including without limitation, any amounts that would be characterized as “interest” under applicable law) exceed amounts permitted under any applicable law. Accordingly, if any obligation to pay, payment made to any Buyer, or collection by any Buyer pursuant the Transaction Documents is finally judicially determined to be contrary to any such applicable law, such obligation to pay, payment or collection shall be deemed to have been made by mutual mistake of such Buyer, the Company and its Subsidiaries and such amount shall be deemed to have been adjusted with retroactive effect to the maximum amount or rate of interest, as the case may be, as would not be so prohibited by the applicable law. Such adjustment shall be effected, to the extent necessary, by reducing or refunding, at the option of such Buyer, the amount of interest or any other amounts which would constitute unlawful amounts required to be paid or actually paid to such Buyer under the Transaction Documents. For greater certainty, to the extent that any interest, charges, fees, expenses or other amounts required to be paid to or received by such Buyer under any of the Transaction Documents or related thereto are held to be within the meaning of “interest” or another applicable term to otherwise be violative of applicable law, such amounts shall be pro-rated over the period of time to which they relate.

  • ANNUAL CAPS For the financial year ending 31 December 0000 0000 0000 Master ITOCHU Supply Agreement US$1.1 million (approximately HK$8.6 million) US$1.4 million (approximately HK$10.9 million) US$1.6 million (approximately HK$12.5 million) The above annual caps have been determined by reference to (i) the value of the historical purchases for the financial year ended 31 December 2022 and the seven months ended 31 July 2023; and (ii) the projected increase in the overall purchase volume of the CTEI Purchase Products from the ITOCHU Group for the remaining part of 2023 and for the financial years ending 31 December 2024 and 2025.

  • Annual Cash Bonus During the Term, Executive may be eligible to receive an annual cash bonus, on terms and conditions as determined by the Committee in its sole discretion taking into account Company and individual performance objectives.

  • Minimum Amounts and Maximum Number of Tranches All borrowings, prepayments, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Eurodollar Tranche shall be equal to $10,000,000 or a whole multiple of $1,000,000 in excess thereof. In no event shall there be more than five Eurodollar Tranches outstanding at any time.

  • Longevity Bonus Effective 2005, twenty (20) years of continuous service, an employee will receive a longevity bonus of seven hundred dollars ($700.00) per year, payable in one lump sum by the second pay period following the employee's anniversary date.

  • Applicable Expense Limit To the extent that the aggregate expenses of every character incurred by a Fund in any fiscal year, including but not limited to investment advisory fees of the Adviser (but excluding interest, expenses incurred under a plan of distribution adopted pursuant to Rule 12b-1 under the 1940 Act, taxes, acquired fund fees and expenses, brokerage commissions, dividend expenses on short sales, and other expenditures which are capitalized in accordance with generally accepted accounting principles and other extraordinary expenses not incurred in the ordinary course of such Fund’s business) (“Fund Operating Expenses”), exceed the Maximum Annual Operating Expense Limit, as defined in Section 1.2 below, such excess amount (the “Excess Amount”) shall be the liability of the Adviser.

  • Intent to Limit Charges to Maximum Lawful Rate In no event shall the interest rate or rates payable under this Agreement, plus any other amounts paid in connection herewith, exceed the highest rate permissible under any law that a court of competent jurisdiction shall, in a final determination, deem applicable. Borrower and the Lender Group, in executing and delivering this Agreement, intend legally to agree upon the rate or rates of interest and manner of payment stated within it; provided, however, that, anything contained herein to the contrary notwithstanding, if said rate or rates of interest or manner of payment exceeds the maximum allowable under applicable law, then, ipso facto, as of the date of this Agreement, Borrower is and shall be liable only for the payment of such maximum as allowed by law, and payment received from Borrower in excess of such legal maximum, whenever received, shall be applied to reduce the principal balance of the Obligations to the extent of such excess.

  • Minimum Salaries 12.1 The minimum academic base salary for all Bargaining Unit members shall be as follows: Rank Effective 9/1/2019 Professor $80,250 Assoc. Professor $64,875 Asst. Professor $53,125 Instructor $45,500 Senior Librarian $80,250 Assoc. Sr. Librarian $68,875 Assoc. Librarian $62,875 Asst. Librarian $53,125 Beg. Librarian $45,500 Faculty Members earning a base salary below the effective minima shall move to the new minima and receive any across-the-board and benchmark increases under Article 10 on his or her minima. Faculty Members who will receive regional campus increases under Article 10 of this Agreement shall receive those increases before any adjustment to meet the minimum salary required by this Article.

  • Reallocation to a Class with a Higher Salary Range Maximum Upon appointment to the higher class, the employee’s base salary will be increased to a step of the range for the new class that is nearest to five percent (5.0%) higher than the amount of the pre-promotional step, or to the entry step of the new range, whichever is higher.

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