Loss of Coverage definition
Examples of Loss of Coverage in a sentence
Any employee found performing work for a non-signatory, non-contributing employer shall lose coverage for himself/herself and his/her dependents as of the first day of the month in which such employment commences and shall forfeit all hours in his/her Health & Welfare reserve bank of hours, in accordance with the Loss of Coverage provision of the Health & Welfare Trust Agreement.
If you have lost coverage, it is required that Loss of Coverage documents include (1) the end date of the coverage, (2) types of coverage elected, and (3) who was covered under the plan.
For the avoidance of doubt, (i) in the event of a Loss of Coverage, Seller shall pay to the Company or the Company Subsidiaries the payments that the affected employee (or his dependents) would have been entitled to receive under the arrangement with respect to which the Loss of Coverage occurred and (ii) Seller shall bear no responsibility for any costs or Liabilities with respect to an Inactive Employee arising on or after the Return Date.
The Plan Administrator in its sole discretion and on a uniform and consistent basis will decide whether a curtailment is “significant” and whether a Loss of Coverage has occurred consistent with prevailing IRS guidance.
Proof of loss shall be Loss of Coverage Statement signed and dated by the previous employer (which all employers are req law to provide upon request); Employee, spouse or dependent becomes eligible for Medicare; Divorce, annulment, legal separation, or dissolution of marriage; Dependent no longer eligible (age 19 or over and no longer a full-time student, or dependent marries).
Special Enrollment Due to Loss of Coverage Under the Children’s Health Insurance Program or a Medicaid Program This Benefit Plan provides a Special Enrollment Period for an employee or family Dependent(s) if either (1) are covered under Medicaid or State Children’s Health Insurance Program (“CHIP”), a nd lose that coverage because of loss of eligibility; or (2) they become eligible for premium assistance under the CHIP program.
Not Eligible Add Spouse Marriage If last name is different Marriage Certificate 1040 Form Add Dependent Birth Adoption If last name is different Birth Certificate Formal Adoption Papers Court Approved Guardianship Papers Add Spouse Add Dependent Loss of Coverage Certificate of Creditable Coverage Add Domestic Partner Domestic Partnership Declaration of Cohabitation & Financial Interdependence form Not Eligible Not Eligible Group Health Incorporated (GHI), GHI HMO Select, Inc.
For the avoidance of doubt, (A) in the event of a Loss of Coverage, Harsco shall pay to Buyer or the Target Entities the payments that the affected employee (or his dependents) would have been entitled to receive under the arrangement with respect to which the Loss of Coverage occurred and (B) Harsco shall bear no responsibility for any costs or Liabilities with respect to an Inactive Employee arising on or after the Return Date.
Conditions of Coverage No Loss of Coverage No person will lose coverage due solely to a change in benefits carrier.
In addition, as set forth below, if the coverage curtailment results in a "Loss of Coverage" (as defined below), then Participants may drop coverage ifno similar coverage is offered by the Employer.