Qualified beneficiary definition

Qualified beneficiary means a beneficiary who, on the date the beneficiary's qualification is determined:

Qualified beneficiary means a beneficiary who, on the date the beneficiary's

Qualified beneficiary means a person who:

Examples of Qualified beneficiary in a sentence

• If, however, an individual who otherwise qualifies as a Qualified Beneficiary is denied or not offered coverage under the Plan under circumstances in which the denial or failure to offer constitutes a violation of applicable law, then the individual will be considered to have had the coverage and will be considered a Qualified Beneficiary if that individual experiences a Qualifying Event.

• The Plan can terminate for cause the coverage of a Qualified Beneficiary on the same basis that the Plan terminates for cause the coverage of similarly situated non-COBRA beneficiaries, for example, for the submission of a fraudulent claim.

• Each Qualified Beneficiary (including a child who is born to or placed for adoption with a covered Employee during a period of COBRA continuation coverage) must be offered the opportunity to make an independent election to receive COBRA continuation coverage.

• The election period is the time period within which the Qualified Beneficiary must elect COBRA continuation coverage under the Plan.

• If, on account of the preceding reason, an individual is not a Qualified Beneficiary, then a Spouse or Dependent child of the individual will also not be considered a Qualified Beneficiary by virtue of the relationship to the individual.

More Definitions of Qualified beneficiary

Qualified beneficiary means a living beneficiary who, on the date the beneficiary’s qualification is determined:

Qualified beneficiary means (i) one or more Qualified Stockholders, (ii) one or more Family Members of a Qualified Stockholder and/or (iii) any other Permitted Entities of one or more Qualified Stockholders.

Qualified beneficiary means any resident of this state.

Qualified beneficiary means a beneficiary that, on the date the beneficiary's qualification is determined: (A) Is a distributee or permissible distributee of trust income or principal; (B) would be a distributee or permissible distributee of trust income or principal if the interests of the distributees described in subparagraph (A) of this subdivision terminated on such date without causing the trust to terminate; or (C) would be a distributee or permissible distributee of trust income or principal if the trust terminated on such date.

Qualified beneficiary or "beneficiary" means (i) a resident of the Commonwealth, as determined by

Qualified beneficiary means a beneficiary who:

Qualified beneficiary an individual (or dependent thereof) who either (1) experiences a "qualified event" (as that term is defined in Code Section 4980B(f)(3) and ERISA Section 603) while a participant in any Welfare Plan, or (2) becomes a "qualified beneficiary" (as that term is defined in Code Section 4980B(g)(1) and ERISA 607(3)) under any Welfare Plan, and who is included in any one of the following categories: