premium

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pre·mi·um

(prē'mē-ŭm)
The amount that must be paid to the insurer to maintain the desired health insurance coverage.

premium

(prē′mē-um)
A payment made periodically to a health care insurer in exchange for benefits coverage (indemnity against future expenses).

pre·mi·um

(prē'mē-ŭm)
The amount that must be paid to the insurer to maintain the desired health insurance coverage.

premium,

n the amount charged by a dental benefits organization for coverage of a level of benefits for a specified time.
premium, earned,
n the portion of a policy's premium payment for which the protection of the policy has already been given.
premium rate,
n the price per unit of insurance.
premium tax,
n an assessment levied by a state government, usually on the net premium income collected in that state by insurance companies.
premium, unearned,
n the part of the premium applicable to the unexpired part of the policy period.
References in periodicals archive ?
When, however, the IRS responds to conflicts between information on an individual's Form 8962 ACA premium tax credit filing and an ACA public exchange Form 1095-A coverage filing, the main difference between a formal audit process and the "automated questionable credit" process is that the IRS states in the notice letter that the process is not an audit, Olson says.
The drafters created the premium tax credit program to help exchange plan users with family income from 100 percent to 400 percent of the federal poverty level pay for the coverage.
lt;B The latest insurance premium tax increase will add PS12.
The chief justice wrote that without the subsidies made available through the premium tax credit, the health insurance markets in the states where the credits would not be available would undergo economic "death spirals" that would thwart the law's purpose (slip op.
The 30,000 people in New Hampshire whose tax credits were saved by the court decision can continue to apply their health premium tax credit (subsidy) toward medical and dental plans that cover the pediatric benefit.
Income eligibility for the premium tax credits will be based on the previous year's income tax returns.
Individuals who do not already have qualifying healthcare coverage may be able to purchase it through the health insurance marketplace, which in turn may make them eligible for the premium tax credit.
The coalition, composed of leading trade associations and employers in the service-related industries, focused on four areas of concern in its letter: information-reporting requirements, determination of employee eligibility for premium tax credits, the employer notification process when exchanges have determined which employees are eligible for premium tax credits, and administration of advanced premium tax credits for 2015.
If you do this, you won't be eligible for premium tax credits and cost-sharing reductions offered through the Marketplace.
According to early details, Williams' plan would scrape premium tax revenue from newly insured Texans who sign up for coverage under the state's health insurance exchange - an online insurance marketplace that is mandatory under federal health reform - and use it to subsidize private coverage for poor, uninsured Texans starting in late 2015.
The industry believes lowering the cost of insurance, particularly through the lifting of the 3-percent premium tax, will encourage more Filipinos to buy insurance.
The Treasury Department's proposed regulation explains how individuals and families can receive premium tax credits for purchasing insurance.