Health coverage premium definition

Health coverage premium means a premium for contracts, excluding automobile insurance contracts, whereby an insurer is obligated to pay or allow a benefit for the child who is covered under the policy or contract, due to bodily injury, disablement, sickness or because of any expense relating thereto or because of expense incurred in the prevention of sickness to include limited scope plans such as hospital, medical and prescriptions.

Examples of Health coverage premium in a sentence

  • Health coverage premium payments, including City offered Medicare supplement plan payments, can come from banked months or dollars for health insurance.

  • There will not be an increase of the College’s annual Health coverage premium with Manulife with the addition of this plan.There were two other amendments:To change reference to the Director: Registration and Administration to Director: Registration.To pay membership fees for the Manager: Administration in two specified associations.

Related to Health coverage premium

  • Extra Premium means an additional amount charged by Us, as per Our Underwriting Policy, which is determined on the basis of disclosures made by You in the Proposal Form or any other information received by Us including medical examination report of the Life Insured.

  • Continuation Coverage means coverage under a COBRA continuation provision or a similar state program. Coverage provided by a plan that is subject to a COBRA continuation provision or similar state program, but that does not satisfy all the requirements of that provision or program, will be deemed to be continuation coverage if it allows an individual to elect to continue coverage for a period of at least 18 months. Continuation coverage does not include coverage under a conversion policy required to be offered to an individual upon exhaustion of continuation coverage, nor does it include continuation coverage under the Federal Employees Health Benefits Program.

  • Premiums means premiums, considerations, deposits and similar receipts with respect to the Policies or Post-Closing Policies.

  • Group health insurance coverage means in connection with a group health plan, health insurance

  • Coverage Term All insurance required herein shall be maintained in full force and effect until Work required to be performed under the terms of the Contract are satisfactorily completed and formally accepted; failure to do so may constitute a material breach of this Contract, at the sole discretion of the TOWN. In the event any insurance policy(ies) required by this contract is(are) written on a “claims made” basis, coverage shall extend for two(2) years past completion and acceptance of the CONTRACTOR’s work or services, as evidenced by annual Certificates of Insurance.

  • Health insurance coverage means benefits consisting of medical care (provided directly, through

  • COBRA means the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended.

  • insurance period means a contribution period or an equivalent period;

  • Coverage Period means the time period specified on the Declarations Page beginning on the effective date and ending on the expiration date. All dates are as of 12:01 AM in the time zone of the Policyholder.

  • Health care coverage means any plan providing hospital, medical or surgical care coverage for

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

  • Insurance Premiums shall have the meaning set forth in Section 6.1(b) hereof.

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • Coverage means the types of persons to be eligible as the beneficiaries of the Scheme to health services provided under the Scheme, subject to the terms, conditions and limitations.