Other Plan Clause Samples
The "Other Plan" clause defines how benefits are coordinated when an individual is covered by more than one health insurance plan. It typically outlines the procedures for determining which plan pays first (the primary plan) and how the secondary plan may cover remaining eligible expenses. For example, if a person has both employer-sponsored insurance and coverage through a spouse, this clause clarifies the order of payment and prevents duplicate reimbursements. Its core function is to avoid overpayment and ensure that the total benefits paid do not exceed the actual costs incurred, thereby promoting fairness and cost control among insurers.
Other Plan. Shall be defined as any other health insurance or health benefits program offered to GovGuam's employees, retirees and their eligible Dependents, through an Agreement with GovGuam.
Other Plan. We have attached a separate sheet with our plan regarding the home. [ ] 3. One or both of us has other real property as set forth in the attached Real Property List (Attachment B), and we have agreed to divide that property as set forth in the attachment. If one party owes the other money for the division of the other real property, that amount should be included in the calculation of the Cash Payment, Section III, below.
Other Plan. Check this selection if the QACA Safe Harbor Employer Contribution will be made under another plan maintained by the Employer and identify the plan:
Other Plan. The Employer will make a Safe Harbor Nonelective Contribution to another defined contribution plan maintained by the Employer (specify the name of the other plan): FOR PURPOSES OF THE ADP test safe harbor contribution, the term "eligible Participant" means any Participant who is eligible to make Elective Deferrals with the following exclusions:
Other Plan. We have attached a separate sheet with our plan regarding the home. [ ] 3. One or both of us has other real property as set forth in the Real Property List (Attachment B), and we have agreed to divide that property as set forth in the attachment. If one party owes the other money for the division of the other real property, that amount should be included in the calculation of the Cash Payment, Section III, below.
C. Bank and investment accounts (such as checking accounts, savings accounts, stocks, bonds, certificates of deposit, mutual funds, or life insurance policies with cash value). (Choose 1 or 2) [ ] 1. We do not have any bank or investment accounts. [ ] 2. We have the following bank or investment accounts and will divide them as follows: Petitioner will have the following bank or investment accounts:
D. Retirement Plans (such as IRAs, retirement accounts, pension plans, or 401(k) plans).5 (Choose 1 or 2) [ ] 1. Neither of us has a retirement plan. [ ] 2. We will be dividing our retirement plan(s) as follows: Petitioner has the following retirement plan(s): (Circle one to show whether Petitioner will KEEP the entire plan, DIVIDE the plan with Respondent, or TRANSFER the entire plan to Respondent) If plan will be DIVIDED, the amount or % to be given to Respondent: [KEEP] [DIVIDE] [TRANSFER] [KEEP] [DIVIDE] [TRANSFER] [KEEP] [DIVIDE] [TRANSFER] (Check and complete if retirement plan(s) will be divided) [ ] For the following retirement plans that will be divided, Petitioner shall prepare a Qualified Domestic Relations Order (“QDRO”), obtain the signature of the other party, and submit the QDRO to the Court by (date).6 (List the plans) [ ] For the following retirement plans that will be divided, Respondent shall prepare a Qualified Domestic Relations Order (“QDRO”), obtain the signature of the other party, and submit the QDRO to the Court by (date).6 (List the plans)
E. Vehicles (such as cars, trucks, motorcycles, recreational vehicles, boats, tractors, or trailers).7 (Choose 1 or 2) [ ] 1. We do not have any vehicles. [ ] 2. We have vehicles and are dividing them as follows: Petitioner will keep the following vehicles and assume any debt relating to each vehicle (provide the make, model, and year of each vehicle and list the vehicle identification number): Respondent will keep the following vehicles and assume any debt relating to each vehicle (provide the make, model, and year of each vehicle and list the vehicle identification number):
Other Plan. Check this selection if the Safe Harbor Employer Contribution will be made under another plan maintained by the Employer and identify the plan:
Other Plan. In the case where, under a former collective agreement, the board and the union have agreed on a plan for the loan and rental of rooms or halls other than those prescribed in this article, such a plan shall be maintained unless there is an agreement to the contrary.
Other Plan. We have attached a separate sheet with our plan regarding the home.
Other Plan. Keep the home. We agree to the following: (Choose i or ii) ☐ i. Petitioner shall keep the home and be responsible for all debts related to the home.
Other Plan. Provisions. Subject to Section 11, the Committee shall adjust equitably the terms of this Award in accordance with Section