Plan Option means the investment option available to Participants under the Plan for which this Contract serves as the funding vehicle.
Plan Option means the Career Endowment Option or the Wedding Endowment Option selected by the Policyholder in the application form and as indicated in Schedule of this policy. Plan Option once chosen at the time of inception of the Policy cannot be changed subsequently during the Policy Term.
Plan Option means a medical scheme Plan Option which provides a specific set of benefits, terms and conditions for a defined contribution;
Examples of Plan Option in a sentence
In case applications are received where Plans/Options for investment is not selected, the default Plan/ Option as prescribed in the SID of the Scheme will be applicable.
In case applications are received where Plans/ Options for investment is not selected, the default Plan/ Option as prescribed in the SID of the Scheme will be applicable.*In case of Guardian, Investor needs to update their gross annual income, Occupation and other details as provided in first/sole holder.
Investors are required to indicate their choice of Plan, Option for which subscription is made at the time of filling up the Application Form.
Do not complete item C-1-c.As a Medicaid State plan service under §1915(i) of the Act (HCBS as a State Plan Option).
Investors are required to indicate their choice of Scheme, Plan, Option and Payout option for which subscription is made at the time of filling up the Application Form.
More Definitions of Plan Option
Plan Option means the investment option available to Participants under the Plan for which this Contract serves as the funding vehicle. [“Record Keeper” means [Transamerica Retirement Solutions, LLC (“TRS”)] [27], which in this capacity provides record keeping and other administrative services to the Plan.] [28]
Plan Option. A: Employees Electing Medical Coverage Medical - MESSA • PPO $500/$1,000 with no co-insurance • PPO $1,000/$2,000 with no co-insurance • PPO $1,350/$2,700 with no co-insurance (includes HSA option) • PPO $2,000/$4,000 with 20% co-insurance (includes HSA option) Dental - Delta Dental of Michigan • 80/80/80/80: $2,000 annual max ($1,000 ortho) • 50/50/50/50: $2,000 annual max ($1,000 ortho) Vision - Vision Service Plan (VSP3) • Annual exams: 100% in network • Frames: $65 allowance • Contact Lenses: $115 allowance Life - MESSA • $65,000 term life and AD&D Long-Term Disability – MESSA • 66.66% of base salary • $4,500 maximum • 180 calendar days – modified fill Plan Option B: Employees Declining Medical Coverage Dental - Delta Dental of Michigan • 100/90/90/90: $2,000 annual max ($1,500 ortho) • 50/50/50/50: $2,000 annual max ($1,000 ortho) Vision - Vision Service Plan (VSP) • Annual exams: 100% in network • Frames: $65 allowance • Contact Lenses: $115 allowance Life - MESSA • $60,000 term life and AD&D Long Term Disability - MESSA • 66.66% of base salary • $4,500 maximum • 180 calendar days – modified fill Cash-in Lieu of Medical Payment The District will provide a cash payment in lieu of health insurance benefits on the conditions that: (1) the employee voluntarily and in writing opts out of the health benefits coverage available under Plan A; and (2) provides documentation to the Board that the employee has other health coverage that meets the minimum value and coverage requirements of the Affordable Care Act. This payment is based on the number of employees opting out of insurance at Open Enrollment each year. All payments will be pro-rated based on the school year (ten (10) months – September through June). The following table reflects the payment amount due each year. Non-Medical Plan Employees Annual Amount Monthly Amount 1-34 $1,200 $120 35-39 $2,000 $200 40-44 $3,000 $300 45+ $4,000 $400
Plan Option or "Options") to purchase shares of ATSI Common granted under the UAC Holdings Corporation 1995 Stock Option Plan (the "ATSI Stock Option Plan") shall be converted into and become an option to purchase the ATSI Option Conversion Number of shares of AGI Common at the ATSI Option Conversion Price and otherwise upon the same terms and subject to the same conditions as set forth in the ATSI Stock Option Plan. A sufficient number of shares of AGI Common shall be reserved for purposes of the ATSI Stock Option Plan as of the ATSI Effective Time. As of the ATSI Effective Time, AGI hereby assumes all obligations of ATSI under the ATSI Stock Option Plan, the outstanding Plan Options or portions thereof granted pursuant to the ATSI Stock Option Plan. The ATSI Option Conversion Number shall mean (a) the ATSI Equity Value Per Share multiplied by the total number of shares for which the option in question may be exercised as of the Determination Time (whether or not such option is vested and whether or not such option is immediately exercisable), divided by (b)
Plan Option shall have the meaning ascribed to such term in Section 1.01.
Plan Option means HRA, HDHP, HMO, PPO, or MA FFS plan.
Plan Option means the Plan coverage and Benefit options A or B described
Plan Option means any of: