Limited benefit plan definition

Limited benefit plan means a period of time in which a participant or member of a participant’s family is either eligible for reduced assistance only or ineligible for any assistance under the family investment program, in accordance with section 239B.9.
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Limited benefit plan or “LBP” means a period of terminated benefits that a person chooses instead of signing or cooperating with a family investment agreement.
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Limited benefit plan or “LBP” means a period of time that an FIA-responsible person or their family is ineligible for FIP or eligible for reduced assistance due to an FIA-responsible person’s failure to meet FIA requirements.
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Examples of Limited benefit plan in a sentence

  • Form 470-0602, Notice of Decision: Services, shall be issued to the participant to inform the participant that the approval for education is canceled.93.8(9) Limited benefit plan.

  • Amend subrule 41.24(8) as follows:41.24(8) The limited Limited benefit plan (LBP).

  • If an individual participant or the entire family has an acknowledged barrier, the plan for self-sufficiency may be specified in one or more incremental family investment agreements.3. Limited benefit plan.


More Definitions of Limited benefit plan

Limited benefit plan means a period of terminated FIP benefits that an individual chooses instead of signing or cooperating with a family investment agreement.
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Limited benefit plan means, for the purposes of this regulation, a policy, contract or certificate issued or offered on a group or individual basis as a supplemental health coverage policy that pays specified amounts according to a schedule of benefits to defray the costs of care, services, deductibles, copayments or coinsurance amounts not covered by a health benefit plan. Limited benefit plans do not include short-term limited duration health benefit policies, contracts or certificates, high-deductible health benefit plans, or catastrophic plans. Such non-supplemental plans are included under the term of “health benefit plan.”
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Related to Limited benefit plan

  • Foreign Benefit Plan means any Employee Benefit Plan established, maintained or contributed to outside of the United States of America or which covers any employee working or residing outside of the United States.

  • Health benefit plan means a policy, contract, certificate or agreement offered or issued by a health carrier to provide, deliver, arrange for, pay for or reimburse any of the costs of health care services.

  • Company Benefit Plan has the meaning specified in Section 4.13(a).

  • Welfare Benefit Plan means each welfare benefit plan maintained or contributed to by the Company, including, but not limited to a plan that provides health (including medical and dental), life, accident or disability benefits or insurance, or similar coverage, in which Executive was participating at the time of the Change in Control.

  • Covered benefits or “benefits” means those health care services to which a covered person is entitled under the terms of a health benefit plan.