Qualifying Medical Expense definition

Qualifying Medical Expense means a Medical Expense for which the Participant or any Eligible Dependent has not been reimbursed, and which has been incurred and paid for by the Participant or by a Participant's Dependent. The Participant or Eligible Dependent must have a legal obligation to pay the expense, and the expense must not be eligible for reimbursement through insurance or otherwise. Qualifying Medical Expenses do not include:
Qualifying Medical Expense means an expense incurred by a participating Employee, Spouse, or Tax Dependent for medical care, as defined in §213(d) of the Code, excluding (i) premiums for any Health Insurance Plan(s), policy or contract, or (ii) long-term care expenses as defined in §7702B(c) of the Code, and (iii) any expense which has been reimbursed, or is reimbursable, to such Employee, Spouse, or Tax Dependent from any other source.
Qualifying Medical Expense means an expense incurred by a Participant or

Examples of Qualifying Medical Expense in a sentence

  • To the extent that an otherwise eligible Qualifying Medical Expense is payable or reimbursable from another source, that other source shall pay or reimburse prior to payment or reimbursement from this Plan.

  • If such purchase is later determined by the Administrator or Plan Service Provider not to be a Qualifying Medical Expense, the Administrator or Plan Service Provider, in its discretion, shall use one of the following correction methods to make the Plan whole.

  • To be a Qualifying Medical Expense, the medical care must be essential to diagnose, cure, mitigate, treat, or prevent a disease or disorder or to affect an unsound structure or function of the mind or body.

  • Reimbursement of a Qualifying Medical Expense pursuant to Article IV shall be 100% of such expense; however, under no circumstances can the reimbursement to the Participant exceed the annual Pre-Tax Contribution elected for the Plan Year as of the date the expense is incurred.

  • For purposes of this Section, a Qualifying Medical Expense shall be incurred on the date the service or supply is provided.

  • Additional fees for card issuance will be charged to the Participant and expensed from Participant’s FSA Account as a Qualifying Medical Expense.

  • Notwithstanding any other provision contained herein, Qualifying Medical Expense shall not include any amount that is not excluded from income pursuant to Code §105.

  • The application shall include a written statement from an independent third party stating that the Qualifying Medical Expense has been incurred and the amount of such expense.

  • Maximum Annual Benefit means the total Salary Reduction Contributions a Covered Employee authorizes to his or her Health Care Flexible Spending Account, according to the election procedures of Section 7.1, for Qualifying Medical Expense reimbursement, which amount must be not more than an amount communicated annually by the Plan Administrator, which amount shall not exceed the maximum amount allowed under Section 125 of the Code.

  • Such bills or proof of Qualifying Medical Expense must show the date the expense was incurred as well as the amount.


More Definitions of Qualifying Medical Expense

Qualifying Medical Expense means an expense incurred by a Participant or the Spouse or Dependent of such Participant, for medical care as defined in Code section 213(d) (including without limitation amounts paid for hospital, doctor, dental and vision care, drugs and premiums for accident and health insurance), but only to the extent that the Participant, his Spouse, or Dependent, is not reimbursed for the expense through insurance or otherwise (other than under this Plan). Qualifying Medical Expense shall not include (i) expenses reimbursed or reimbursable under any private, employer-provided, other insurance, or any other accident or health plan, (ii) premiums for COBRA continuation coverage, (iii) expenses taken as a deduction on a Participant’s federal income tax return, and (iv) non-prescription medicines or drugs (other than insulin).‌
Qualifying Medical Expense means an expense incurred by a Participant or Eligible Dependent for medical care, as defined in Code Section 213(d), and as allowed under Code Sections 105 and 106 and the Regulations and not otherwise used by the Participant as a deduction in determining the tax liability under the Code, but excluding (a) premiums for any health insurance plan, policy or contract, (b) long-term care expenses as defined in Code Section 7702B(c), and (c) any expense which has been reimbursed, or is reimbursable, to such Employee or Eligible Dependent from any other source. Qualifying Medical Expenses include expenses incurred on or after January 1, 2020, to purchase over-the-counter medicines or drugs for the diagnosis, cure, mitigation, treatment or prevention of disease, or for the purpose of affecting any structure or functions of the body, and that otherwise meet all of the requirements of the first sentence of this paragraph. Only reasonable quantities of over-the-counter medicines or drugs of the same kind may be reimbursed from a Participant’s Health Care FSA in a single calendar month. Notwithstanding the foregoing, Qualifying Medical Expenses do not include items that are used to promote the general good health of an individual or items that are not medicines or drugs, except that Qualifying Medical Expenses also include expenses incurred on or after January 1, 2020, for menstrual care products, as defined in Code Section 223(d)(2)(D).
Qualifying Medical Expense means an expense incurred by a Participant or Eligible Dependent for medical care, as defined in Code Section 213(d), and as allowed under Code Section 105 and the Regulations and not otherwise used by the Participant as a deduction in determining the tax liability under the Code, but excluding (a) premiums for any health insurance plan, policy or contract, (b) long-term care expenses as defined in Code Section 7702B(c), and

Related to Qualifying Medical Expense

  • Medical Expense means an expense incurred at the time a past member or his or her health reimbursement account dependent is furnished the medical care or service. To be considered a medical expense under this act, the expense shall meet all of the following conditions:

  • qualifying expenditure means, in respect of any Accounting Year or Accounting Half- Year, the aggregate of the costs, expenses and fees described in paragraph 1 of Annex 2 which are incurred during that Accounting Year or Accounting Half-Year, calculated in accordance with paragraphs 2 and 3 of Annex 2;

  • Qualifying Expenditures means those expenditures for energy conservation measures that have a simple payback period of not less than one year and not more than 10 years and expenditures for the above-market costs of new renewable energy resources, provided that the Oregon Department of Energy may establish by rule a limit on the maximum above-market cost for renewable energy that is allowed as a credit.

  • Medical Expenses means those expenses that an Insured Person has necessarily and actually incurred for medical treatment on account of Illness or Accident on the advice of a Medical Practitioner, as long as these are no more than would have been payable if the Insured Person had not been insured and no more than other hospitals or doctors in the same locality would have charged for the same medical treatment.

  • Qualifying patient means a person who:

  • Qualifying medical condition means seizure disorder,

  • Qualifying project means (i) any education facility, including, but not limited to a school building, any functionally related and subordinate facility and land of a school building (including any stadium or other facility primarily used for school events), and any depreciable property provided for use in a school facility that is operated as part of the public school system or as an institution of higher education; (ii) any building or facility that meets a public purpose and is developed or operated by or for any public entity; (iii) any improvements, together with equipment, necessary to enhance public safety and security of buildings to be principally used by a public entity; (iv) utility and telecommunications and other communications infrastructure; (v) a recreational facility; (vi) technology infrastructure and services, including, but not limited to, telecommunications, automated data processing, word processing and management information systems, and related information, equipment, goods and services; (vii) any technology, equipment, or infrastructure designed to deploy wireless broadband services to schools, businesses, or residential areas; or (viii) any improvements necessary or desirable to any unimproved locally- or state-owned real estate.

  • Qualifying exigency means a situation where the eligible employee seeks leave for one or more of the following reasons:

  • Qualifying Examination means examinations on the basis of which a candidate becomes eligible for admission or its equivalent examination;

  • Qualified patient means a “qualified patient” as defined in Health and Safety Code Section 11362.7(f).

  • Independent expenditure means an expenditure by a person:

  • Qualified rehabilitation expenditures means capital

  • local expenditures means expenditures in the currency of the Borrower or for goods or services supplied from the territory of the Borrower; and

  • Public expense means that the LEA either pays for the full cost of the evaluation or ensures that the evaluation is otherwise provided at no cost to you, consistent with the provisions of Part B of the IDEA, which allow each State to use whatever State, local, Federal and private sources of support are available in the State to meet the requirements of Part B of the Act.

  • Qualified Nurse means a person who holds a valid registration from the Nursing Council of India or the Nursing Council of any state in India.

  • Qualifying Facility means an electric energy generating facility that complies with the qualifying facility definition established by PURPA and any FERC rules as amended from time to time (18 Code of Federal Regulations Part 292, Section 292.203 et seq.) implementing PURPA and, to the extent required to obtain or maintain Qualifying Facility status, is self-certified as a Qualifying Facility or is certified as a Qualified Facility by the FERC.

  • Qualifying week means the 15th week before the expected week of childbirth.

  • Rental Expense means, with respect to any period, the aggregate amount of rental payments made by the Company and its Subsidiaries (determined on a consolidated basis) for such period with respect to operating leases.

  • Covered Expense means expense incurred only for the following:

  • Qualified expenditures means capital expenditures that qualify, or would qualify except that the taxpayer entered into an agreement under subsection (13), for a rehabilitation credit under section 47(a)(2) of the internal revenue code if the taxpayer is eligible for the credit under section 47(a)(2) of the internal revenue code or, if the taxpayer is not eligible for the credit under section 47(a)(2) of the internal revenue code, the qualified expenditures that would qualify under section 47(a)(2) of the internal revenue code except that the expenditures are made to an historic resource that is not eligible for the credit under section 47(a)(2) of the internal revenue code that were paid. Qualified expenditures do not include capital expenditures for nonhistoric additions to an historic resource except an addition that is required by state or federal regulations that relate to historic preservation, safety, or accessibility.

  • Management Expenses means the costs, charges and expenses necessarily and reasonably incurred or to be incurred for the management and maintenance of the Land and the Building and the Common Areas and Facilities therein to be borne by the Owners including the remuneration of the Manager as provided in this Deed;

  • Qualified Medical Child Support Order means a Medical Child Support Order which creates (including assignment of rights) or recognizes an Alternate Recipient's right to receive benefits to which a Participant or Qualified Beneficiary is eligible under this Plan, and has been determined by the Plan Administrator to meet the qualification requirements as outlined under “Procedures” of this provision.

  • Qualified disability expenses means that term as defined in section 529A of the internal revenue code.

  • REIT Expenses means (i) costs and expenses relating to the formation and continuity of existence and operation of the General Partner and any Subsidiaries thereof (which Subsidiaries shall, for purposes hereof, be included within the definition of General Partner), including taxes, fees and assessments associated therewith, any and all costs, expenses or fees payable to any director, officer, or employee of the General Partner, (ii) costs and expenses relating to any public offering and registration of securities by the General Partner and all statements, reports, fees and expenses incidental thereto, including, without limitation, underwriting discounts and selling commissions applicable to any such offering of securities, and any costs and expenses associated with any claims made by any holders of such securities or any underwriters or placement agents thereof, (iii) costs and expenses associated with any repurchase of any securities by the General Partner, (iv) costs and expenses associated with the preparation and filing of any periodic or other reports and communications by the General Partner under federal, state or local laws or regulations, including filings with the Commission, (v) costs and expenses associated with compliance by the General Partner with laws, rules and regulations promulgated by any regulatory body, including the Commission and any securities exchange, (vi) costs and expenses associated with any 401(k) plan, incentive plan, bonus plan or other plan providing for compensation for the employees of the General Partner, (vii) costs and expenses incurred by the General Partner relating to any issuing or redemption of Partnership Interests, and (viii) all other operating or administrative costs of the General Partner incurred in the ordinary course of its business on behalf of or in connection with the Partnership.

  • Clinical nurse specialist means a registered nurse with relevant post-basic qualifications and 12 months’ experience working in the clinical area of his/her specified post-basic qualification, or a minimum of four years’ post-basic registration experience, including three years’ experience in the relevant specialist field and who satisfies the local criteria.

  • Qualifying Company means a qualifying company within the meaning of section 110 of the Taxes Act;