Examples of Rollover Amount in a sentence
To properly calculate the Rollover Amount, claims should be submitted in a timely manner, as described in this Policy.
No additional Rollover Amount will be earned for that calendar year and the Accumulated Rollover Amount available for the next calendar year will be reduced by the amount deducted for the excess claim amount.
A "Preferred Provider Bonus" will be added to the Rollover Amount for a calendar year if:(1) the Covered Person qualifies for a Rollover Amount, as described above; and(2) all of the benefits a Covered Person receives for claims incurred for Type 1, 2, or 3 services in the previous calendar year were for services provided by Participating Dentists.
Any Rollover Amount for which a Covered Person is eligible will be added to the Rollover Account Balance 65 days following the end of the calendar year during which the Rollover Amount was accrued.
When a claim is paid using the Rollover Amount, the Rollover Account Balance will be reduced by that amount.