beneficiary


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Related to beneficiary: contingent beneficiary

beneficiary

[ben′əfish′ərē]
a person or group designated to receive certain profits, benefits, or advantages, as the recipient of a will or insurance policy.

beneficiary

Insurance
A person(s) other than the member of an insurance or pension plan who has been designated to receive benefits—e.g., proceeds of an accident insurance policy or pension plan in the event of an employee’s death.
 
Managed care
A person eligible for or receiving benefits under an insurance policy or plan, such as Medicare or Medicaid programs

beneficiary

Health insurance A person(s) other than the member of an insurance or pension plan who has been designated to receive benefits–eg proceeds of an accident insurance policy or pension plan in the event of an employee's death Managed care A person eligible for or receiving benefits under an insurance policy or plan, Medicare or Medicaid programs

be·ne·fi·ci·ar·y

(ben'ĕ-fish'ē-ar-ē)
A person with health care insurance coverage, usually through the Medicare program.
Synonym(s): insured, recipient.
[Med.L. beneficiarius, fr. beneficium, benefit]

be·ne·fi·ci·ar·y

(ben'ĕ-fish'ē-ar-ē)
A person with health care insurance coverage, usually through the Medicare program.
Synonym(s): insured, recipient.
[Med.L. beneficiarius, fr. beneficium, benefit]

beneficiary,

n 1. a person eligible for benefits under a dental plan.
n 2. a person who receives benefits under a dental benefit contract. See also covered person; insured; member; and subscriber.
References in periodicals archive ?
Each beneficiary who is granted parole will be issued Form I-94, Arrival/Departure Record, documenting the parole into the United States.
The law requires that a spouse be the primary beneficiary of a 401(k) or a profit-sharing account unless he or she waives that right in writing.
Therefore, if the beneficiary presents all of the documents required by the letter of credit, the issuing bank must honor the beneficiary's request for payment.
If no beneficiary is designated, then the estate becomes the beneficiary.
If the NONC is adequate on its face, the Non-Plan Provider should look to see whether the M+CO can prove that the beneficiary actually received it.
The agency warns that, although it is theoretically possible for a beneficiary to go from provider to provider to use services beyond that $1,500 cap, this practice would not be in keeping with the intent of the ruling.
You need to consider carefully all your property, and who holds title to it or is a beneficiary of it.
Comparisons were made between clients in disability beneficiary status (SSI, SSDI, and both SSI/SSDI) and marital status, major disabling condition, and monthly family income on expected and observed frequencies.
If the same beneficiary inherits through the will, under the tax law, it is treated as if the estate were the beneficiary.
beneficiary and to other trust beneficiaries, (2) the amount of the trust's distributions exceeded the amount of its income for the year of distribution, (3) the trust had undistributed income accumulated from prior years and (4) the trust previously paid U.
The adjustment and unitrust provisions, which must comply with detailed notice and beneficiary consent requirements, will prove important to trustees and their advisers.
When a person other than an employee (such as a worker's son or daughter) is a QTP's designated beneficiary, plan contributions are deemed completed gifts from the employee to the beneficiary under section 529(c)(2)(A)(i), eligible for the section 2503(b) annual gift tax exclusion ($11,000 for 2004).