Premium share definition

Premium share means the portion of the premium, not to exceed 6 percent of the member’s gross annual household income, a member whose household income is equal to or less than 200 percent of FPL must pay monthly under A.R.S. § 36-2923.01 for the provision of covered services.
View Source
Premium share means the unadjusted contracted rate, plus that of catastrophic coverage, that certain individuals, based on their income, are required to remit to the department to be eligible to be enrolled in a participating health plan.”]
View Source
Premium share means a share so issued by a company as to sell it for a value in excess of its face value.
View Source

Examples of Premium share in a sentence

  • If the Contract or bond amount is decreased, SBA will refund to the Principal a proportionate amount of the guarantee fee, and ad- just SBA’s Premium share accordingly in the ordinary course of business.

  • The Sur- ety must remit SBA’s Premium share and the Principal’s guarantee fee with the bordereau listing the related Final Bond, as required in the PSB Agree- ment.

  • Premium share may be altered as modified below by the Hospital to the same extent as altered for unrepresented employees.

  • Effective July 1, 2017, the employee premium share will be as follows: 7/1/2017 – 6/30/2018 14% 7/1/2018 – 6/30/2019 15% 7/1/2019 – 6/30/2020 15% 7/1/2020 – 6/30/2021 16% Premium share contributions will be paid via payroll deduction.


More Definitions of Premium share

Premium share means, with respect to a given country, a given Party and a given Calendar Year, (a) the Premium for such Calendar Year with respect to such country, multiplied by (b) such Party’s Standard Country-Specific Percentage for the Calendar Year prior to the Calendar Year in which the first Generic Version Launch in such country occurred.
View Source
Premium share means that part of the unadjusted contracted rate that certain individuals, based on their income, are required to remit to the department to be eligible to be enrolled in a health plan participating in QUEST-Net.”]
View Source
Premium share. With respect to a Policy, (i) the Policy Limit for such Policy minus $100,000,000 divided by (ii) the Policy Limit for such Policy. Taxes: The Retrocessionaire shall allow to the Reinsurer an amount equal to the Premium Share multiplied by the federal excise taxes allowed by the Reinsurer to the Company under the Reinsurance Agreement. Ceding Commission: Nil. Intermediary: None. Exclusions: Ex-gratia payments.
View Source
Premium share means the portion of the premium, not to exceed 6 percent of the member’s gross annual household income, a member whose household income is equal to or less than 250 200 percent of FPL must pay monthly under
View Source

Related to Premium share

  • Premium surcharge means a payment required from a subscriber, in addition to the subscriber's medical premium contribution, due to an enrollee's tobacco use or an enrolled subscriber's spouse or state registered domestic partner choosing not to enroll in their employer- based group medical when:

  • Premium Percentage As defined in the Insurance Agreement.

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Premium Amount The amount of premium due to the Note Insurer in accordance with the terms of the Insurance Agreement.

  • Premium Due Date means date specified in the Schedule on which the Instalment Premium will become due.