Restricted benefit definition

Restricted benefit means benefits payable will be in accordance with the minimum benefit requirements in the Private Health Insurance (Benefit Requirements) Rules as amended from time to time at a rate equivalent to the Commonwealth determined default shared ward accommodation in a public hospital.
Restricted benefit means benefits restricted under the exclusive benefit rule, the inability to grant past service under DEPP to highly compensated Employees without meeting the non-discrimination requirements of the Code, and/or the inability to credit service to Employees while employed by a controlled group member not covered by DEPP as more specifically described in Article III. Effective January 1, 2003, RESTRICTED BENEFIT shall also mean any additional benefit granted to Returning CEOs as described in Section 3.04 of Article III of this Part A.
Restricted benefit means all benefits due under the Plan (whether vested Accrued Benefits, Death Benefits or other benefits), including loans in excess of the amount set forth in Section 72(p)(2)(A) of the Code, any periodic income, any withdrawal values payable to a living Participant and any death benefits not provided for by insurance on the life of the Participant but excluding Death Benefits provided for by insurance on the life of the Participant and the value of current life insurance protection provided under the Plan to a Participant.

Examples of Restricted benefit in a sentence

  • Restricted benefit (100 strips, max qty 1, rpts 11) For use in patients with diabetes on insulin therapy who are receiving treatment under a GP Management Plan or Team Care Arrangement where Medicare benefits were or are payable for the preparation of the Plan or coordination of the Arrangements.

  • Restriction text option Explanation and other matters to consider Restricted benefit (100 strips, max qty 1, rpts 5) For use in patients with diabetes on insulin therapy.

  • These determinations often need to be made on the basis of insufficient or unreliable information.

  • Restricted benefit / Authority Required (STREAMLINED) (100 strips, max qty 1, rpts 5) (Initial) For use in patients with diabetes not on insulin therapy, initiating or requiring changes to existing diabetes management within the previous three months.

  • Restricted benefit (100 strips, max qty 1, rpts 5) For use in patients not on insulin therapy with gestational diabetes, inter-current illness or treatment with a concomitant medicine that may adversely affect blood glucose control.

  • Restricted benefit (100 strips, max qty 1, rpts 5) For use in patients not on insulin therapy with gestational diabetes, inter‑current illness or treatment with a concomitant medicine that may adversely affect blood glucose control.

  • The submission also requested changing the current PBS Authority requirement on calcipotriol + betamethasone 60g gel to a Restricted benefit.

  • Source: Sections 1 and 2 of the submission.Current listing The current listing for Botox for the treatment of chronic migraine is provided below.Name, restriction, manner of administration, form BOTULINUM TOXIN TYPE A 100 units injection, 1 vial Condition: Chronic migraine Restriction: Restricted benefit Authority Required - In Writing Authority Required - Telephone Authority Required – Emergency Authority Required - Electronic Streamlined Treatment criteria: Must be treated by a neurologist.

  • Treatment phase: N/A Restriction: Section 100 (HSD) Restricted benefit Authority Required - In Writing Authority Required - Telephone Authority Required – Emergency Authority Required - Electronic Streamlined Treatment criteria: Patients must be assessed through a cystic fibrosis clinic/centre which is under the control of specialist respiratory physicians with experience and expertise in the management of cystic fibrosis.

  • Restricted benefit/ Authority Required (STREAMLINED) (100 strips, max qty 1, rpts 2) For use in patients with diabetes not on insulin therapy, initiating or requiring changes to existing diabetes management within the previous three months.


More Definitions of Restricted benefit

Restricted benefit means benefits restricted under the exclusive benefit rule, the inability to grant past service under UCEPP to highly compensated Employees without meeting the non-discrimination requirements of the Code, and/or the inability to credit service to Employees while employed by a controlled group member not covered by UCEPP as more specifically described in Article III.
Restricted benefit means benefits restricted under the exclusive benefit rule, the inability to grant past service under DEPP to highly compensated Employees without meeting the non-discrimination requirements of the Code, and/or the inability to credit service to Employees while employed by a controlled group member not covered by DEPP as more specifically described in Article III. Effective January 1, 2003, RESTRICTED BENEFIT shall also mean any additional benefit granted to Returning CEOs. Effective April 7, 2004, RESTRICTED BENEFIT shall also mean any benefit granted to CEOs appointed in November, 2004.
Restricted benefit means all benefits due under the Plan (whether vested Accrued Benefits, Death Benefits or other benefits), including loans in excess of the amount set forth in Section 72(p)(2)(A) of the Code, any periodic income, any withdrawal values payable to a living Participant and any death benefits not provided for by insurance on the life of the Participant, but excluding Death Benefits provided for by insurance on the life of the Participant and the value of current life insurance protection provided under the Plan to a Participant.
Restricted benefit means the maximum Benefit permitted to be paid to a Benefit Recipient under the Retirement Plan of the Employer, as limited by Code §415, in accordance with §844.008 of the Act.
Restricted benefit means the benefits described in Part A of Article III.
Restricted benefit means a benefit which is paid at the default benefit rate disclosed in the Private Health Insurance (Benefit Requirements) Rules.

Related to Restricted benefit

  • Vested Benefits means amounts that are vested or that Executive is otherwise entitled to receive, without the performance by Executive of further services or the resolution of a contingency, under the terms of or in accordance with any investment and savings plan or retirement plan (including any plan providing retiree medical benefits) of the Company or its affiliates, and any ERPs or ESPs related thereto, and any deferred compensation or employee stock purchase plan or similar plan or program of the Company or its affiliates.

  • Designated Beneficiary means the beneficiary or beneficiaries the Participant designates, in a manner the Administrator determines, to receive amounts due or exercise the Participant’s rights if the Participant dies or becomes incapacitated. Without a Participant’s effective designation, “Designated Beneficiary” will mean the Participant’s estate.

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.

  • Excepted benefits means benefits under one or more (or any combination thereof) of the following:

  • Covered benefits or “benefits” means those health care services to which a covered person is entitled under the terms of a health benefit plan.

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

  • Surviving Spouse means the widow or widower, as the case may be, of a Deceased Participant or a Deceased Beneficiary (as applicable).

  • Qualified Beneficiaries has the meaning set forth in Section 4.12.

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Accrued Benefits shall include the following amounts, payable as described herein: (i) all base salary for the time period ending with the Termination Date; (ii) reimbursement for any and all monies advanced in connection with the Executive's employment for reasonable and necessary expenses incurred by the Executive on behalf of the Company and its Affiliates for the time period ending with the Termination Date; (iii) any and all other cash earned through the Termination Date and deferred at the election of the Executive or pursuant to any deferred compensation plan then in effect; (iv) notwithstanding any provision of any bonus or incentive compensation plan applicable to the Executive, a lump sum amount, in cash, equal to the sum of (A) any bonus or incentive compensation that has been allocated or awarded to the Executive for a fiscal year or other measuring period under the plan that ends prior to the Termination Date but has not yet been paid (pursuant to Section 5(f) or otherwise) and (B) a pro rata portion to the Termination Date of the aggregate value of all contingent bonus or incentive compensation awards to the Executive for all uncompleted periods under the plan calculated as to each such award as if the Goals with respect to such bonus or incentive compensation award had been attained; and (v) all other payments and benefits to which the Executive (or in the event of the Executive's death, the Executive's surviving spouse or other beneficiary) may be entitled as compensatory fringe benefits or under the terms of any benefit plan of the Employer, including severance payments under the Employer's severance policies and practices in the form most favorable to the Executive that were in effect at any time during the 180-day period prior to the Effective Date. Payment of Accrued Benefits shall be made promptly in accordance with the Employer's prevailing practice with respect to clauses (i) and (ii) or, with respect to clauses (iii), (iv) and (v), pursuant to the terms of the benefit plan or practice establishing such benefits.

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Retirement Benefit means the benefit set forth in Article 5.

  • Termination Benefit means the benefit set forth in Article 7.

  • Severance Benefit means the payment of severance compensation as provided in Article III.

  • Change in Control Benefit means the benefit described in Section 2.4.

  • Disabled Participant with respect to a loan if it has no right to exercise any voting or other control rights with respect to such loan (other than the right to approve amendments to the material economic terms of such loan).

  • Supplemental Benefit means the monthly benefit payable to the Executive under this Agreement.

  • Public benefit means making capital available, or facilitating the availability of capital, to businesses in this state that have 750 or fewer employees, the intent of which is to create or retain employment opportunities for residents of this state, stabilize or increase the tax base of this state, or support the redevelopment of facilities for use by small businesses.

  • Normal Retirement Benefit means the benefit described in Section 2.1.

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • Net death benefit means the amount of the life insurance policy or certificate to be settled less any outstanding debts or liens.

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Final compensation of a member means:

  • Income beneficiary means a person to whom net income of a trust is or may be payable.

  • Severance from Service Date means the earlier of:

  • Spouse means, an individual who,