Plan Benefit Account definition

Plan Benefit Account means the Contractor Bank account establish for payment of County Plan(s) for health care benefits and from which Provider payment checks are issued by the Contractor.
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Plan Benefit Account means the CountyContractor Bank account established by for payment of County on which Plan(s) benefit and for health care and dental care benefits and from which Provider payment checks are issued by the Contractor.
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Examples of Plan Benefit Account in a sentence

  • Sufficiently fund the Plan Benefit Account to meet the County’s obligation to pay Providers based on the payment amount specified in the applicable Provider Agreement and to allow Contractor to process claim payments in accordance with the terms of the Contract.

  • Sufficiently fund the Plan Benefit Account to meet the County’s obligation to pay Providers based on the payment amount specified in the applicable Provider Agreement and to allow Contractor to process Claim payments in accordance with the terms of this Contract.

  • Sufficiently fund the Plan Benefit Account to meet the County’s obligation to pay Providers based on the payment amount specified in the applicable Provider Agreement and to allow Contractor to process Claim payments in accordance with the terms of the Contract.

  • County will make proper arrangements with County Bank to accept daily, excluding County holidays, or weekly Automated Clearing House (ACH) debit transaction from the Contractor to facilitate funding of the Plan Benefit Account.

  • Contractor will establish and maintain a Plan Benefit Account with a Bank agreed to between the Contractor and County to fund all claims cost.

Related to Plan Benefit Account

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

  • Deferred Compensation Account means the account maintained with respect to each Participant under the Plan. The Deferred Compensation Account shall be credited with Participant Deferral Credits and Employer Credits, credited or debited for deemed investment gains or losses, and adjusted for payments in accordance with the rules and elections in effect under Section 8. The Deferred Compensation Account of a Participant shall include any In-Service or Education Account of the Participant, if applicable.

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Individual retirement account means an individual retirement account under Section 408 of the Code, a Roth IRA under Section 408A of the Code, a simplified employee pension under Section 408(k) of the Code or a simple retirement account for employees under Section 408(p) of the Code.

  • Matching Contribution Account means the portion of a Participant’s Account attributable to Matching Contributions and Earnings thereon.