Dual contract definition

Dual contract means the case where a small or large group policyholder purchases in-network coverage from one issuer and out-of-network coverage from a different issuer that is an affiliate of the first issuer.
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Examples of Dual contract in a sentence

  • Dual contract programs are generally managed in a manner similar to wrap programs.

  • Dual contract notification would provide participants with better security and assurance for prompt trading, and would give all parties the knowledge that erroneous quantities could not be notified to their energy accounts.

  • Namely, for every σ and α, the set {σ′ | σ =⇒—→ σ′} is finite.{ | ∈ }Definition 5 (Dual contract).

  • Dual contract firefighters provide a substantial amount of the supervisory management cover at retained stations.

  • Dual contract arrangements were found to be in use by individuals sampled from 2 companies.

  • Rather than apply this shift as a trend adjustment, we developed and applied a nursing home mix adjustment as described in a later section.In addition, the Dual contract period pharmacy trend was adjusted to remove drugs that are now covered under Medicare Part D.

  • Dual contract (“Dual Contract”): IMA enters into a contract with the client and the client has a separate contract with the Program Sponsor.

  • DN Dual-Contract Dual contract account managed with restrictions that impede our Non Discretionary investment process and/or have under $500,000 in assets at the beginning of each quarter.

  • Dual contract arrangement As at the Latest Practicable Date, in line with the centralisation of our group human resources functions at GFT International HK and Truejoy Send PRC and for the purpose of effective tax planning, we have a dual contract arrangement with approximately 250 employees (the “Relevant Employees”), who are PRC residents working at our production plants in Vietnam.

  • Dual contract programs are generally managed in a manner similar to wrap fee programs.

Related to Dual contract

  • Individual contract means a contract for health care services issued to and covering an individual. The individual contract may include dependents of the subscriber.

  • Original Contract means the initial contract or price agreement solicited and awarded during a cooperative procurement by an administering contracting agency.

  • O&M Contract means the operation and maintenance contract that may be entered into between the Concessionaire and the O&M Contractor for performance of all or any of the O&M obligations;

  • Prime Contract means the contract between LOCKHEED MARTIN and the U.S. Government or between LOCKHEED MARTIN and its higher-tier contractor who has a contract with the U.S. Government.

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • Individual contract plan means a subcontracting plan that covers the entire contract period (including option periods), applies to a specific contract, and has goals that are based on the offeror’s planned subcontracting in support of the specific contract, except that indirect costs incurred for common or joint purposes may be allocated on a prorated basis to the contract.

  • Master Contract means the CATS Master Contract between the Maryland Department of Budget and Management andTO Contractor dated December 19, 2005.

  • Group contract means a contract for health care services which by its terms limits eligibility to members of a specified group. The group contract may include coverage for dependents.

  • Project Contract means any agreement or agreements for the design, development, acquisition, installation, implementation and construction of all or a substantial part of the Project by and between a Contractor and the Recipient.

  • Multiyear contract means a contract that extends beyond a one-year period, including a contract that permits renewal of the contract, without competition, beyond the first year of the contract.

  • MOA means the Borrower’s Ministry of Agriculture;

  • Charter contract means a fixed term, renewable contract between a charter school and an authorizer that outlines the roles, powers, responsibilities, and performance expectations for each party to the contract.

  • Original contractor means a person, including an owner-builder, that contracts with an owner to provide preconstruction service or construction work.

  • Construction Contract means the agreement(s) entered into between the Company and the Construction Contractor(s) for the design, engineering, procurement, construction, completion, start-up, testing, and Commissioning of the Facility, and also includes any amendment to such agreement(s) made from time to time;

  • Initial Contracts means those Contracts conveyed to the Trust on the Closing Date.

  • Term contract means contracts established by the chief procurement officer for specific supplies, services, or information technology for a specified time and for which it is mandatory that all governmental bodies procure their requirements during its term. As provided in the solicitation, if a public procurement unit is offered the same supplies, services, or information technology at a price that is at least ten percent less than the term contract price, it may purchase from the vendor offering the lower price after first offering the vendor holding the term contract the option to meet the lower price. The solicitation used to establish the term contract must specify contract terms applicable to a purchase from the vendor offering the lower price. If the vendor holding the term contract meets the lower price, then the governmental body shall purchase from the contract vendor. All decisions to purchase from the vendor offering the lower price must be documented by the procurement officer in sufficient detail to satisfy the requirements of an external audit. A term contract may be a multi‑term contract as provided in Section 11‑35‑2030.

  • Major Subcontract means (i) (a) any single agreement or purchase order with a Subcontractor or (b) multiple agreements or purchase orders with a single Subcontractor, for performance of any part of the Work that, in each case, has an aggregate value in excess of Dollars ($ ), or (ii) any agreement for the provision or supply of Major Equipment.

  • Applicable Contract any Contract (a) under which the Company has or may acquire any rights, (b) under which the Company has or may become subject to any obligation or liability, or (c) by which the Company or any of the assets owned or used by it is or may become bound.

  • works contract means a contract for building, construction, fabrication, completion, erection, installation, fitting out, improvement, modification, repair, maintenance, renovation, alteration or commissioning of any immovable property wherein transfer of property in goods (whether as goods or in some other form) is involved in the execution of such contract;

  • Option Contract means a standardised contract the effect of which is that a person acquires the option—

  • Existing Contract means a contract that was made before the operative date;

  • Supplemental contract means a written agreement entered into for the distribution of proceeds under a life, health, or annuity policy or contract.

  • Service Contract means, with respect to a Financed Vehicle, the agreement, if any, financed under the related Receivable that provides for the repair of such Financed Vehicle.

  • Major Contract means (i) any management agreement relating to the Properties or the Loan Parties, (ii) any agreement between any Loan Party and any Affiliate of any Relevant Party and (iii) any brokerage, leasing, cleaning, maintenance, service or other contract or agreement of any kind (other than Leases) relating to the Properties, in each case involving payment or expense of more than One Million and No/100 Dollars ($1,000,000) during any twelve (12) month period, unless cancelable on thirty (30) days or less notice without requiring payment of termination fees or payments of any kind.

  • Lease contract means the total legal obligation that results from the lease agreement as affected by this article and any other applicable rules of law. Unless the context clearly indicates otherwise, the term includes a sublease contract.

  • Material Contract means any contract or other arrangement (other than Loan Documents), whether written or oral, to which any Credit Party is a party as to which the breach, nonperformance, cancellation or failure to renew by any party thereto could reasonably be expected to have a Material Adverse Effect.