In October, you need a crown, the cost of which is $900. Your dental plan covers crowns at 50%, meaning your dental plan would pay $450.(In this example, you’ve now used $1,090 of your $1500 annual maximum:$410 remainingthat can still be used during your benefit period) ...
Buyer Benefit Planshas the meaning set forth in Section 6.10(f). Annual AdditionThe sum of the following amounts allocated on behalf of a Participant for a Limitation Year, of (i) all Employer contributions; (ii) all forfeitures; and (iii) all Employee contributions. Except to the extent...
Maximum Basic Grant Amount’has the same meaning as set out in item 1 of Schedule 1 of HESA; Expense Limitmeans the percentage of a Fund’s average annual net assets (on an annualized basis) set forth below. VWAP Minimum Price Thresholdmeans, with respect to any particular VWAP Purchase ...
However, your annual expenses are capped at $6,000. You've already paid $4,500, so you pay only $1,500 of the $5,500 balance. The insurance company picks up the remaining $4,000. Your total cost for the surgery is $6,000, and follow-up visits with your in-network doctor are ...