Amount paid by the insurance company to a claimant or beneficiary when the insured suffers a loss.
the amount payable by an insurance company for covered services.
The amount payable by the insurance company to a claimant, assignee or beneficiary under each coverage.
Benefits are specific areas of Plan coverage's, i.e., outpatient visits, hospitalization and so forth, that make up the range of medical services that a payer markets to its subscribers. Also, a contractual agreement, specified in an Evidence of Coverage, determining covered services provided by insurers to members.
In health plans, benefits are the health care that a person receives. In the insurance context, benefits are the money or services provided by an insurance policy.
The money or health services to which an individual is entitled under his/her insurance plan.
All employee benefits—medical, dental, life insurance, etc.—are coordinated through the Human Resources Office. If you have questions or need claim paperwork, contact Human Resources at x7216.
Funds paid at book or contract value from a stable value fund to participants upon withdrawal from the plan at retirement, termination, death or financial hardship. Sometimes the term is used broadly to include investment transfers as well.
The money provided by an insurance policy to be paid for covered losses.
In life, health and accident insurance, the money payable or services rendered under the policy.
Workers compensation benefits include loss of earnings benefits for total disability or partial disability , specific loss benefits, death benefits , medical benefits , and illegally employed minor's benefits.
Payments to which participants may be entitled under a pension plan including pension benefits, death benefits, and benefits due to termination of employment.
Refers to the amount of money payable by a health plan for the cost of covered services, as defined in the benefits package.
The money or services that is provided by an insurance policy
The services provided by an insurance policy. In a health plan, benefits are the health care services you receive, such as doctor’s office visits, etc.
the list of health care services paid for and made available to plan member.
A payment made under an insurance policy or public assistant program or employment agreement to a claimant or beneficiary.
The amount that is paid to assignee or claimant. It comes under the term of insurance policy.
The amount paid by the insurance company to a claimant or beneficiary under the policy.
Payments made to an individual over and above those received in the form of a salary or wage.
a bad policy that needs to be rescinded and abolished
a blunt instrument, which could harm the very workers whose rights the United States seeks to protect
a health and disability insurance service owned by United Agencies and its affiliates
The medical services included in a health insurance policy to which the insured person or persons are entitled.
Payments made by an insurance company when an insurance claim is approved, such as at time of death, retirement, or disability.
Workers' compensation benefits or other payments mandated by the Workers' Compensation Act including, but not limited to, indemnity; medical and surgical aid or hospital and nursing service under Section 31-294d of the Act; and any type of payment for disability, whether for total or partial disability of a permanent or temporary nature, death benefit, funeral expense, payments made under Sections 31-284b, 31-293a, or 31-310 of the Act, or any adjustment in benefits or payments required by the Act. X Y Z
Proceeds (money) paid pursuant to an insurance company's obligation under a policy.
The amount of money issued from an insurance company to a beneficiary of claimant.
The total amount of indirect compensation that the business will provide to employees for each forecast year. Benefits are either statutory, such as payroll taxes and worker's compensation; or discretionary, such as health insurance, life insurance, and 401(K) plans.
Amount payable by the insurance company to a claimant, beneficiary or assignee under each coverage.
The health services and medicines paid for by your health plan. Also known as a benefit package, plan benefit, or covered service.
The money payable to an individual as compensation for wage losses due to unemployment.
Benefits are the types of services for which a health plan will pay. For instance, most health plans will pay for hospital visits or doctor visits.
A large part of a working family's security is what they earn from their job in addition to their salary. Traditionally, benefits included comprehensive health care and dental care for the entire family, paid vacation and sick days, "personal" days, bonuses, re-imbursement for self-improvement or job-related education expenses, and a retirement/pension plan. With the coming of the 1989-1993 economic recession and the trend in "downsizing," many workers had to face serious cutbacks in their benefits. if not outright termination. Greater competition for jobs found companies able to offer fewer benefits. But where some traditional benefits became scarce, the new dynamics of the new marketplace produced others: more flex-time and telecommuting (see terms), participation in company profit-sharing or stock purchase program, some child care assistance.
The health care services provided under terms of a contract by an MCO or other benefits administrator
The monetary amount paid (or payable) and/or services provided to the insured by the insurer under the terms of the insurance contract.
It refers to money paid out to a claimant by insurance company.
The money paid out to a claimant by the Insurance company.
The money payable to a claimant, assignee, or beneficiary under the terms of an insurance policy.
The insurance coverage provided by this Policy and any extensions or restrictions shown in the Policy Schedule or in any endorsements (if applicable).
A list of health and related services covered by a health plan.
This program is designed to be a supplemental retirement plan offered through a tax sheltered annuity program under Section 403b of the Internal Revenue Code. Contributions made by the College are made in the employee's name and the College holds no claim to or responsibility for the investment. The benefit received upon withdrawal or retirement will be that defined by the agreement between the specific company selected and the employee. If an employee contributes 1 1/2% of base salary, the college will contribute 4 1/2 % of base salary. An employee may contribute more than 1 1/2% of salary provided such contributions are within the guidelines of IRS regulations. It is the responsibility of the employee to work with the Human Resources to establish contribution eligibility. For calendar year 2005 the maximum is $14,000 unless the employee is 50 years of age or older then the maximum is $18,000.
Under an employee benefit plan, a benefit is any form of payment - pension, medical/dental coverage - that is due to an employee who is enrolled in the plan or his/her beneficiary after an eligibility period.
The specific health care services which a health plan agrees to reimburse for its members. Note that a health plan may require its members to meet certain conditions (ex. prior authorization, use of specific preferred providers) in order to be eligible for reimbursement.
Fringe Benefit =Non-Salary Employee Compensation Benefits are expenses incurred during the course of employment, and contributions made on behalf of an employee. Types of Benefits: Payroll Taxes, Workers Compensation, Unemployment, Insurance Benefits, Retirement All expenditures for benefits are budgeted in account '60200 Benefits', however the actual expenditures are booked in the accounts 602110 Payroll Taxes, 602210 Workers Compensation, 602220 Unemployment, 602310 Insurance, 602320 Retirement, etc… As a result, all benefit accounts (602XXX) can be viewed as one budget item, and should be treated as such with regard to budget revisions. Presently, all benefits are the actual expenditures paid for the employees in the project, no allocation based on a fringe benefit rate is used. Presently, The University Corporation is working on developing fringe benefit rates, which we expect to be implemented by FY 2006/2007.
The payment for or health care services provided under terms of a contract with a MCO.
In an HMO or other managed care plan, the services provided to a member or enrollee. In traditional insurance plans, the amount of money tied to specific, covered services.
The sum of money specified in an insurance contract to be paid to the beneficiary when a loss occurs.
Benefits refer to extra compensation such as Health Insurance. However, benefits can also refer to things such as 401K matching etc.
the medical services for which your plan pays.
The money or services provided by an insurance policy. In a health plan, benefits are the health care you get. Drug benefits are help with the cost of medicine.
Benefits are what the health care program or insurance plan pays for--just doctor's visits or doctor's visits, staying in the hospital and prescription drugs, etc.
means those dental services which are provided under the terms of this Contract and described in this booklet.
the services rendered under medical insurance.
An employee's non-wage compensation. The U.S. Department of Labor lists group benefits into five categories: paid leave (holidays, vacations, sick leave) supplementary pay (e.g., overtime or holiday pay) retirement benefits insurance benefits legally required benefits (Medicare, Social Security, workers' compensation, etc.)
Any payment or payments for Disability that are made under the policy provisions.
Medical and related services the managed care organization agrees to provide in the health plan.
Money paid by the insurance company to the claimant.
Social Security provides five major categories of benefits: Retirement, Disability, Family (dependents), Survivors and Medicare. The retirement, family (dependents), survivor, and disability programs provide monthly cash benefits and Medicare provides medical coverage.
The amount which is paid by the insurance company to the insured person.
Health care services your health plan pays for, such as visits to your doctor, approved hospital stays, and prescription drugs.
Something of value that an employee receives in addition to a wage or salary. Examples include health and life insurance, vacation leave, retirement plans, and the like.
With pension schemes, this is everything the member gets after retiring because they were part of the scheme. It usually means the money paid to the member as their pension. It could also include death benefits . With insurance, this is the money the insurance firm pays out if something happens. For example, a life assurance policy would pay death benefits if the insured person dies.
The portion of the costs of covered services paid by a health plan. For example, if a plan pays the remainder of a doctor's bill after an office visit copayment has been made, the amount the plan pays is the "benefit." Or, if the plan pays 80% of the reasonable and customary cost of covered services, that 80% payment is the "benefit."
These are medical services for which your insurance plan will pay, in full or in part.
The cash amount payable in respect of a claim.
The Money the Claimant receives from the Insurance Company.
Clinical trials that are well-designed and well-executed are the best approach for eligible participants to: Play an active role in their own health care. Gain access to new research treatments before they are widely available. Obtain expert medical care at leading health care facilities during the trial. Help others by contributing to medical research.
Monetary sums paid or payable to a person insured under an insurance policy, or to someone else, such as a health care provider, to whom the insured person has assigned the benefits.
Financial reimbursement and other services provided insureds by insurers under the terms of an insurance contract. An example would be the benefits listed under a Life or Health Insurance policy or benefits as prescribed by a Workers Compensation law.
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Medically necessary services and supplies that qualify for settlement under an insurance agreement.
The amount payable by the insurance provider to a claimant, assignee or beneficiary under each policy.
May be either the money or the rights given to the policyowner, claimant, assignee, or beneficiary if the conditions set out in the policy come to pass such as a covered loss like a fire.
Monetary sum payable by the insurance company to a claimant, assignee, or beneficiary.
