Medical Insurance Benefits definition

Medical Insurance Benefits means the Employee’s Medical Insurance Plan coverage for purposes of this Plan.

Medical Insurance Benefits means the Employee’s Medical Insurance Plan coverage for

Examples of Medical Insurance Benefits in a sentence

• The Medical Insurance Benefits will terminate as of the date specified in the Medical Insurance Plan.

• An Eligible Employee can (a) elect benefits under the Premium Payment Component by electing to pay for his or her share of the Contributions for Medical Insurance Benefits on a pretax Salary Reduction basis (Premium Payment Benefits); or (b) elect no benefits under the Premium Payment Component and to pay for his or her share of the Contributions, if any, for Medical Insurance Benefits with after-tax deductions outside of this Plan.

• If your Health Insurance Benefits coverage is significantly curtailed without a loss of coverage (for example, when there is an increase in the deductible under the Medical Insurance Benefits), then you may revoke your election for that coverage and elect coverage under another benefit package option that provides similar coverage.