Gold plan definition

Gold plan means a qualified health plan that meets the requirements established by 42 U.S.C. § 18022 for a gold level plan.
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Gold plan. Maximum out of pocket (OOP) costs of $3,100 single coverage, $6,200 other coverage. Teachers electing single coverage are responsible for the first $975 of OOP costs required and teachers s electing any other coverage level are responsible for the first $1,950 of OOP costs required The Board will fund the remaining OOP costs of $2,125 (single coverage) or $4,250 (other coverage levels) through a HRA.
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Examples of Gold plan in a sentence

  • The alternate plan of benefits, the Gold Plan, will continue to be maintained for certain employees in accordance with the existing eligibility rules.

  • The contribution rate for the Gold Plan will continue to be 75% of the identified platinum contribution rate.

  • As of July 1, 2017, the Employer shall contribute $5.7740 per hour for the Platinum Plan and $4.3305 per hour for the Gold Plan.

  • The Gold Plan cost more out of your paycheck, and has the highest level of coverage with fewer out-of-pocket expenses at the time of service.

  • The contribution to monthly premium will be the same as the average contribution percentage for active employees participating in the Gold Plan (15% in 2016, 16% in 2017, 17% in 2018, 18% in 2019, and 19% in 2020).

  • The contribution rate for the Gold Plan will continue to be seventy-five percent (75%) of the identified platinum contribution rate.

  • The Board will fund its share of the OOP costs under the Gold Plan through an HRA.

  • Effective October 1, 2011, Retirees who are participating in a Double Gold Plan as of this date may continue on that plan for as long as they remain eligible for coverage.

  • The Board will have the same monetary obligation to fund the first dollar of OOP costs required under the Gold Plan that the Board has under the Gold CDHP Plan, based on the level of coverage selected.

  • Increase the dental maximum to $1,400 for Platinum and Platinum Plus Plan, to $1,400 for the Gold Plan and to $1,150 for the Silver Plan per year effective January 1, 2012 and the Plan B HMO will be identical to the Plan A HMO.

Related to Gold plan

  • HACCP plan means a written document that delineates the formal procedures for following the hazard analysis and critical control point principles developed by the National Advisory Committee on Microbiological Criteria for Foods.

  • Old Plans has the meaning set forth in Section 6.8(b).

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.

  • Company 401(k) Plan has the meaning set forth in Section 6.4(e).

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • SRP shall have the meaning set forth in Section 6.1 hereof.

  • Buyer 401(k) Plan has the meaning set forth in Section 6.01(h).

  • Case plan means a written document developed by the PCSA, PCPA or Title IV-E agency and the family which identifies strengths of the family, concerns to be resolved and supportive services to be provided which will result in ensuring permanence for the child.

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

  • Deferral Plan means the UGI Corporation 2009 Deferral Plan.

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • Share Option Plan means any equity incentive plan of the General Partner, the General Partner Entity, the Partnership and/or any Affiliate of the Partnership.

  • Thrift Plan means the Financial Institutions Thrift Plan, a qualified and tax-exempt defined contribution plan and trust under Sections 401(a) and 501(a) of the Code, as adopted by the Bank.

  • Option Plans has the meaning set forth in Section 2.6 below.

  • Stock Plan means any stock incentive, stock option, stock ownership or employee benefits plan of the General Partner.

  • Equity Plan means any stock or equity purchase plan, restricted stock or equity plan or other similar equity compensation plan now or hereafter adopted by the Partnership or the General Partner, including the Plan.

  • EHC plan means an Education, Health and Care plan made under sections 37(2) of the Children and Families Act 2014.

  • Separation Plan means the Company’s Separation Plan Amended and Restated Effective August 13, 2006, as may be amended from time to time or any successor plan, program, arrangement or agreement thereto.

  • Company Incentive Plan shall have the meaning assigned to it in Section 1.7 hereof.

  • BCDR Plan means the plan consisting of general business continuity and disaster recovery principles, the Business Continuity Plan and Disaster Recovery Plan as further described in paragraph 1.2 of Schedule 2- 14.

  • capital accumulation plan means a tax assisted investment or savings plan, including a defined contribution registered pension plan, a group registered retirement savings plan, a group registered education savings plan, or a deferred profit-sharing plan, that permits a plan member to make investment decisions among two or more investment options offered within the plan, and in Québec and Manitoba, includes a simplified pension plan;

  • Seller 401(k) Plan has the meaning set forth in Section 5.5(e).

  • Parent Plan has the meaning set forth in Section 7.8(b).

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • RBC plan means a comprehensive financial plan containing the elements specified in K.S.A. 40-2c06, and amendments thereto. If the commissioner rejects the RBC plan, and it is revised by the insurer, with or without the commissioner's recommendation, the plan shall be called the "revised RBC plan."

  • Incentive Compensation Plan means any plan, agreement or other arrangement that provides for the grant or issuance of equity or equity-based awards and that is now in effect or is hereafter adopted by the Company or the Manager for the benefit of any of their respective employees or other service providers (including directors, advisers and consultants), or the employees or other services providers (including directors, advisers and consultants) of any of their respective Affiliates or Subsidiaries.