Flat-rate Premium definition
Flat-rate Premium means the portion of the premium determined by multiplying the flat premium rate by the number of participants in the plan on the Participant Count Date.
Flat-rate Premium means the portion of the premium determined by multiplying the flat rate premium gharge by the number of partigipants in the plan on the premium snapshot date. The per- partigipant flat rate gharge for plan years beginning in 2002 is $19 for single-employer plans and $2.60 for multiemployer plans.
Flat-rate Premium means the portion of the single- employer premium determined by multiplying the flat rate premium charge by the number of participants in the plan on the premium snapshot date. The flat rate charge for single-employer plans for plan years beginning in 1999 is $19 per participant.
More Definitions of Flat-rate Premium
Flat-rate Premium means the portion of the premium determined by multiplying the flat-rateflat
Flat-rate Premium means the portion of the single- employer premium determined by multiplying the flat rate premium charge by the number of participants in the plan on the last day of the preceding plan year or, for a new or newly covered plan, the first day of the current plan year. The flat rate charge for single-employer plans for plan years beginning in 1997 is $19 per participant.