High Deductible Health Plan (HDHP) definition

High Deductible Health Plan (HDHP) means the high deductible health plan offered by the Employer and the Office of Group Benefits that is intended to qualify as a high deductible health plan under the Code §223 (c)(2), as described in materials provided separately by the Employer.
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High Deductible Health Plan (HDHP) means the coverage schedule listed in the corporation’s Medical Plan as the HDHP.
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High Deductible Health Plan (HDHP) means a health plan that meets the criteria for a "high deductible health plan" as outlined in 26 U.S.C. Sec. 223(c)(2). Enrollment in an HDHP is one of the requirements that must be met in order to qualify to contribute to a health savings account (HSA).¶
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Examples of High Deductible Health Plan (HDHP) in a sentence

  • Under an HSA Account-Based Offering, you will offer a High Deductible Health Plan (HDHP) that meets the requirements of IRS Code, Section 223 to enable your eligible employees to establish and contribute to a health savings account (HSA) to pay for qualified medical expenses of covered persons.

  • Employees will also have the option of enrolling in a Health Savings Account (HSA) when a qualifying High Deductible Health Plan (HDHP) is selected for medical insurance.

  • Employees will also have the option of enrolling in a Health Savings Account (HSA) when a qualifying High Deductible Health Plan (HDHP) is selected for their medical insurance.

  • The Contractor shall provide all HIP members with a High Deductible Health Plan (HDHP) paired with the Personal Wellness and Responsibility (POWER) account.

  • The parties agree to investigate the feasibility of adding by mutual agreement a High Deductible Health Plan (HDHP) with or without Health Savings Account (HSA) or Health Reimbursement Account (HRA) as an option to current health plans.

  • Health Savings Accounts (HSAs) are tax-exempt trusts or custodial accounts used in conjunction with a High Deductible Health Plan (HDHP).

  • An EIN is also required for a common fund created for HSAs. High Deductible Health Plan (HDHP).

  • The District shall establish a Health Savings Account plan providing for pre-tax payroll deductions by the employee which conforms to the Internal Revenue Service Code for employees who qualify for, and are enrolled in, a Qualified High Deductible Health Plan (HDHP).

  • This plan is a fully qualified High Deductible Health Plan (HDHP) which means that you must meet an individual or family Deductible before any benefits (including pharmacy benefits) are paid out by PHP.

  • An election by an Employee to receive medical/hospitalization coverage under the District’s High Deductible Health Plan (HDHP) and to receive the District contribution to a Health Savings Account (HSA) associated with that coverage is irrevocable for the Plan Year for which the election is made.


More Definitions of High Deductible Health Plan (HDHP)

High Deductible Health Plan (HDHP). Effective January 1, 2011, the School District shall make available a high deductible major medical group health plan that qualifies as a high deductible health plan (“HDHP) under Section 223 of the Internal Revenue Code (“Code”). The HDHP is described in the summary and on file in the School District office to all qualified Exclusive Representative.
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High Deductible Health Plan (HDHP) means a qualified health plan that provides comprehensive coverage for high cost Medical events while requiring higher Deductibles than traditional insurance coverage.
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High Deductible Health Plan (HDHP). , means a health insurance plan with lower premiums and higher deductibles than a traditional health plan. Being covered by an HDHP is also a requirement for having a health savings account.
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High Deductible Health Plan (HDHP) means the Plan option that contains a higher annual deductible than typical health plans and a maximum limit on the annual Out-of-Pocket expenses, set by the Internal Revenue Service (IRS), that the Participant must pay for covered expenses.
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High Deductible Health Plan (HDHP) means a health plan that satisfies the deductible limits and any other requirements imposed on a high deductible health plan under federal tax law.
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Related to High Deductible Health Plan (HDHP)

  • High Deductible Health Plan means a Health Plan as defined by 26 USC § 223(c)(2)(A) that also is a Qualified Health Plan.

  • Health plan or "health benefit plan" means any policy,

  • Health Plans means any and all individual and family health and hospitalization insurance and/or self-insurance plans, medical reimbursement plans, prescription drug plans, dental plans and other health and/or wellness plans.

  • Deductible has the meaning set forth in Section 11.1(e).

  • Designated chemical dependency specialist means a person

  • Retiree Health Plan means an "employee welfare benefit plan" within the meaning of Section 3(1) of ERISA that provides benefits to individuals after termination of their employment, other than as required by Section 601 of ERISA.

  • Individual health insurance coverage means health insurance coverage offered to individuals in the

  • Basic health plan means the plan described under chapter

  • Historically Disadvantaged Individual (HDI) means a South African citizen -

  • Group health plan means an employee welfare benefit plan as defined in section 3(1) of subtitle A of title I of the employee retirement income security act of 1974, Public Law 93-406, 29 USC 1002, to the extent that the plan provides medical care, including items and services paid for as medical care to employees or their dependents as defined under the terms of the plan directly or through insurance, reimbursement, or otherwise.

  • Minimum Generation Emergency means an Emergency declared by the Office of the Interconnection in which the Office of the Interconnection anticipates requesting one or more generating resources to operate at or below Normal Minimum Generation, in order to manage, alleviate, or end the Emergency.

  • Automotive hard paste wax means an automotive wax or polish that is:

  • Basic health plan services means that schedule of covered

  • Gap medical benefits means the benefits (if any) payable in respect of medical expenses that are less than, greater than or equal to the schedule fee, provided always that the medical expenses relate to a professional service that:

  • Social development company means a company whose primary purpose in Sudan is to provide humanitarian goods or services, including medicine or medical equipment, agricultural supplies or infrastructure, educational opportunities, journalism-related activities, information or information materials, spiritual-related activities, services of a purely clerical or reporting nature, food, clothing, or general consumer goods that are unrelated to oil-related activities, mineral extraction activities, or power production activities.

  • Historically disadvantaged individuals (HDIs means all South African citizens –

  • Basic health plan model plan means a health plan as required in RCW 70.47.060(2)(e).

  • Pharmacy benefit manager means a person, business or other

  • Health and Welfare Plans means any plan, fund or program which was established or is maintained for the purpose of providing for its participants or their beneficiaries, through the purchase of insurance or otherwise, medical (including PPO, EPO and HDHP coverages), dental, prescription, vision, short-term disability, long-term disability, life and AD&D, employee assistance, group legal services, wellness, cafeteria (including premium payment, health flexible spending account and dependent care flexible spending account components), travel reimbursement, transportation, or other benefits in the event of sickness, accident, disability, death or unemployment, or vacation benefits, apprenticeship or other training programs or day care centers, scholarship funds, or prepaid legal services, including any such plan, fund or program as defined in Section 3(1) of ERISA.

  • Sponsored captive insurance company means a captive insurance company:

  • Pharmacy benefits management means the administration or management of prescription drug

  • Maximum Generation Emergency Alert means an alert issued by the Office of the Interconnection to notify PJM Members, Transmission Owners, resource owners and operators, customers, and regulators that a Maximum Generation Emergency may be declared, for any Operating Day in either, as applicable, the Day-ahead Energy Market or the Real-time Energy Market, for all or any part of such Operating Day. Maximum Run Time:

  • Life insurance producer means any person licensed in this state as a resident or nonresident insurance producer who has received qualification or authority for life insurance coverage or a life line of coverage pursuant to chapter 522B.

  • long-term insurance business means the business of providing or undertaking to provide policy benefits under long-term policies, but does not include -

  • Medical cannabis card means the same as that term is defined in Section 26-61a-102.

  • Pharmacy benefits manager means a person that performs pharmacy benefits management.