Higher deductible definition

Higher deductible means a deductible of not less than $1,000.
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Higher deductible means a deductible of not less than $1,000 and not more than $3,000 for 1994. This minimum and maximum shall be adjusted annually by the Department of Revenue to reflect increases in the consumer price index for the United States as defined and officially reported by the United States Department of Labor.
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Higher deductible means an annual deductible in the applicable amount (as
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Examples of Higher deductible in a sentence

  • Higher deductible amounts do not apply to Burglary and Robbery, Employee Dishonesty, Outdoor Signs, Exterior Grade Floor Glass & Money & Securities coverages.

  • This homework assignment was completed on(DATE) (ADULT SIGNATURE) Home LinkLesson 16: Solving Problems, Part 1 Name: By now, you are a world-famous entertainment reporter, predicting all the best-selling songs! So of course you want to be the first to get the scoop on “Step Up,” the latest and greatest new single.

  • Higher deductible plans, however, typically attract individuals with lower expected claims, including those who increase their deductible levels in order to reduce their premium increase.

  • Luxury Class and Diesel Pusher models: Higher deductible and security deposits for these classes apply.

  • Criterion 5: SUPPORT REQUESTED (10 points) – Corresponds to Section IV’s Budget Justification Narrative and SF-424 R&R budget formsReviewers will evaluate the extent to which the following factors are met:1.

  • Subject to the control of the Committee, the Chair shall be responsible for supervising and directing the affairs of the Committee and shall see that all orders and resolutions of the Committee are carried into effect.

  • If you’re hospitalised and the medical bill is RM30,000, you will pay RM20,000, and we will cover the balance of the eligible medical expenses up to RM10,000.• Reimbursement basis for claims.• Higher deductible will have lower Tabarru’ charge.• Retirement Conversion – auto convert your plan to zero deductible when you reach age 60.

  • Key Takeaways- No student health fee, unlike some universities.- Competitive out-of-pocket limit, especially for in-network providers.- Partners and spouses are subject to a “health access fee.”- Higher deductible than half of the other Ivy+ institutions.- Hospitalization coverage can become very expensive, as there is not a copay option per admission, only 20% coinsurance after deductible.- The information is well-displayed and accessible on the website.

  • Some PFFS and MSA plans do not have prescription drug (Part D) coverage included, so the member may need to purchase a stand- alone Part D plan.– Higher deductible, but once deductible is met the plan pays 100 percent of covered services.

  • Higher deductible amount is, the lower premium will be and vice versa.


More Definitions of Higher deductible

Higher deductible. The term means:
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Higher deductible means a deductible of not less than one
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Higher deductible means £600,000 "IHTA 1984" the Inheritance Tax Xxx 0000;
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Higher deductible means a deductible of not less than two
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Related to Higher deductible

  • Deductible has the meaning set forth in Section 11.1(e).

  • High Deductible Health Plan means a Health Plan as defined by 26 USC § 223(c)(2)(A) that also is a Qualified Health Plan.

  • Deductible Amount means, with respect to any Insuring Agreement, the amount set forth under the heading “Deductible Amount” in Item 3 of the Declarations or in any Rider for such Insuring Agreement, applicable to each Single Loss covered by such Insuring Agreement.

  • de minimis amount means no more than 5 percent of the total power flows in both directions, calculated in accordance with the “5 percent test” set forth in IRS Notice 88-129. This is not intended to be an exclusive list of the relevant conditions that must be met to conform to IRS requirements for non-taxable treatment. At Connecting Transmission Owner’s request, Developer shall provide Connecting Transmission Owner with a report from an independent engineer confirming its representation in clause (iii), above. Connecting Transmission Owner represents and covenants that the cost of the Connecting Transmission Owner’s Attachment Facilities paid for by Developer will have no net effect on the base upon which rates are determined.

  • Allowable Expense means a necessary, reasonable and customary item of expense for health care, which is: • covered at least in part under one or more plans covering the person for whom the claim is made; and • incurred while this plan is in force. When a plan provides healthcare coverage in the form of services, the reasonable cash value of each service is considered as both an allowable expense and a benefit paid. Vision care services covered under other plans are not considered an allowable expense under this plan. PLAN means any of the following that provides benefits or services for medical, pharmacy, or dental care treatment. If separate contracts are used to provide coordinated coverage for members of a group, the separate contracts are considered parts of the same plan and there is no COB among those separate contracts.

  • Restoration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Aggregate Loss Severity Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is the aggregate amount of Realized Losses incurred on any Mortgage Loans from the Cut-off Date to the last day of the preceding calendar month and the denominator of which is the aggregate principal balance of such Mortgage Loans immediately prior to the liquidation of such Mortgage Loans.

  • Eligible Expense means the lesser of the reasonable, customary, usual, fair market value charge for a covered service or the provider's actual charge.

  • Allowable Expenses means any necessary, reasonable and customary item of expense at least a portion of which is covered under at least one of the Health Benefit Plans covering the person for whom claim is made. When a Health Benefit Plan provides benefits in the form of coverage for services, the reasonable cash value of each service rendered shall be deemed to be both an Allowable Expense and a benefit paid.

  • Medicare eligible expenses means expenses of the kinds covered by Medicare Parts A and B, to the extent recognized as reasonable and medically necessary by Medicare.

  • Allowable Deductions means the following costs, charges, and expenses incurred or accrued by Payor:

  • Excess Costs means the additional costs, if any, which shall be

  • Insured Amounts means, with respect to any Distribution Date, the Deficiency Amount for such Distribution Date.

  • Insured Amount As defined in the Policy.

  • Eligible Expenses means expenses incurred for Medical Services rendered with respect to a Disability.

  • Density bonus means a floor area ratio bonus over the otherwise maximum allowable density permitted under the applicable zoning ordinance and land use elements of the general plan of a city, including a charter city, city and county, or county of:

  • Self-insured employer means an employer or group of employers certified under ORS

  • Allowable Cost means a cost that complies with all legal requirements that apply to a particular federal education program, including statutes, regulations, guidance, applications, and approved grant awards.

  • Eligible Costs means the actual costs reasonably incurred by the Recipient:

  • Allowable Costs means the costs defined as allowable in 42 CFR, Chapter IV, Part 413, as amended to October 1, 2007, except for the purposes of calculating direct medical education costs, where only the reported costs of the interns and residents are allowed. Further, costs are allowable only to the extent that they relate to patient care; are reasonable, ordinary, and necessary; and are not in excess of what a prudent and cost-conscious buyer would pay for the given service or item.

  • Excess Loss The amount of any (i) Fraud Loss realized after the Fraud Loss Coverage Termination Date, (ii) Special Hazard Loss realized after the Special Hazard Coverage Termination Date or (iii) Bankruptcy Loss realized after the Bankruptcy Coverage Termination Date.

  • Eligible Liabilities and “Special Deposits” have the meanings given to them from time to time under or pursuant to the Bank of England Act 1998 or (as may be appropriate) by the Bank of England;