The health care items or services covered under a health insurance plan. Covered benefits and excluded services are defined in the health insurance plan's coverage documents. In Medicaid or CHIP, [..]

Something that represents, promotes or enhances a desired outcome, being of positive value and contributing to the attainment of organizational goals. Benefits represent one end of the spectrum of out [..]

The value people get from your product or service. Not to be mistaken with features, which just describe your offer. A good value proposition should focus on benefits, not features, and answer the que [..]

The health care items or services covered under a health insurance plan. Covered benefits and excluded services are defined in the health insurance plan's coverage documents.

Social Security pays five types of benefits:   Retirement Disability Family (dependents) Survivors Medicare The retirement, family (dependents), survivor and disability programs pay monthly cash benef [..]

The health care items or services covered under a health insurance plan. Covered benefits and excluded services are defined in the health insurance plan’s coverage documents.

Includes compensation that is over and above salaries or wages paid to employees or on behalf of the employees during employment. This would include compensation for periods of authorized absences from the job, such as vacation leave, sick leave, military leave and the like provided such costs are absorbed by all organization activities in proporti [..]

Compensation for loss and other services provided by insurers under terms of insurance contracts.

"financial support (especially for medical expenses) to which one is entitled through employment or membership," 1895, plural of benefit (n.).

Benefits are a form of compensation paid by employers to employees over and above the amount of pay specified as a base salary or hourly rate of pay. Benefits are a portion of a total compensation pac [..]

 The money provided by an insurance policy for covered losses.

The enhanced efficiency, economy and effectiveness of future business operations to be delivered by a program. [D00145]

Benefits are positive outcomes from the procurement process apart from financial savings.  There is some consensus about categorising different types of savings, such as cash-releasing savings and cos [..]

An application, petition, motion, appeal, or other request relating to an immigration benefit, whether such request is filed on a paper form or submitted in an electronic format, provided such request is submitted in a manner prescribed by DHS for such purpose. Examples include working, driving or obtaining a Social Security number.

Nonwage compensation provided to employees. The National Compensation Survey groups benefits into five categories: paid leave (vacations, holidays, sick leave); supplementary pay (premium pay for over [..]

These are the health care services and supplies we cover for you when you’re a member. For example, if you have health care benefits with us, we help cover the cost of the health care you get.

The health care items or services covered under a health insurance plan. Covered benefits and excluded services are defined in the health insurance plan’s coverage documents. In Health First Colorado [..]

The amount that an insurance provider may pay you in respect of a claim.

Any payments made to a beneficiary, including tax-free lump sums, pension payments and death benefits.

Compensation to which an employee is entitled in addition to salary or wages, such as health and dental insurance, pension or retirement contributions, free tuition, etc., usually specified in the con [..]

total expenditures for health care services paid to or on behalf of a member.

The monetary amounts payable by the insurance company to a claimant, assignee, or beneficiary under the terms of an insurance policy.

Benefits refer to either direct benefit provided in the form of financial contributions, care paid for by the organization, or the reimbursement of expenses borne by the employee. Redundancy payments [..]

What your product or service actually does for your customer. Benefits are the crucial “what’s-in-it-for-them” that must form the core of your marketing message.

In addition to wages, some employers reward their employees in extra ways for example: medical insurance, vacation pay, holiday pay, profit sharing plans, stock options and bonuses.

Sick pay, vacation time, and other company-provided supplements to income

Things favorable to a decision-maker.

Money paid by the Government to people in need

See Terms and Definitions Related to Insurance. [Click Here to Return to List]

The economic value of a scheme, usually measured in terms of the cost of damages avoided by the scheme, or the valuation of perceived amenity or environmental improvements.

Non-wage compensation provided to employees such as paid leave (vacations, holidays, sick leave); supplementary pay (premium pay for overtime and work on holidays and weekends, shift differentials, no [..]

What your insurance provider gives you according to the terms of your policy.

The economic value of a scheme, usually measured in terms of the cost of damages avoided by the scheme, or the valuation of perceived amenity or environmental improvements.

Payments or services provided under stated circumstances under the terms of an Insurance Policy. In prepayment Programs, benefits are the services the Programs will provide at defined locations and to [..]

Fixed sums paid regularly to individuals.

The amount payable by the insurance company to a claimant, assignee or beneficiary under each coverage.

The covered services available to group benefit plan members and their eligible dependents.

Total expenditures for health care services paid to or on behalf of a member.

benefit defines any medical service received that is covered by the health insurance plan.

The health care items or services covered by an insurance plan. Your insurance plan may sometimes be referred to as a "benefit package."

The services or procedures covered by your health insurance plan.

Monetary sum paid by an insurance company to a recipient or to a care provider for services that the insurance policy covers.

The money the insurance company pays the health care provider for medical services to you if you become ill or injured.

The amounts paid to a claimant or beneficiary under the coverage of a policy.

The items or services covered under an insurance plan.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The health care items or services covered under a health insurance plan. Covered benefits and excluded services are defined in the health insurance plan’s coverage documents.

The health care items or services covered by an insurance plan. Your insurance plan may sometimes be referred to as a "benefit package."

The amount you receive in respect of a claim that is covered.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

the dollar amount payable by the insurance company to the claimant, assignee, or beneficiary under each coverage.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The sum of money provided in an insurance policy to be paid for certain types of loss under the terms of an insurance policy.

The financial reimbursement and other services provided to insureds by insurers under the terms of an insurance contract (e.g., the benefits listed under a life or health policy or benefits as prescri [..]

Non-wage compensation provided to employees. The National Compensation Survey groups benefits into five categories:

The indemnities or payments specified in the insurance contracts. For life policies, these may include death benefits, waiver of premiums in event of disability, payments of income because of permanen [..]

The amount that an insurance provider may pay you under the terms of your policy up to a stated maximum limit. Be aware that some benefits may be limited by circumstance or situation. Business goods and equipment

is the amount paid by the insurance provider to a beneficiary who filed a claim under the terms of his/her policy.

 What your insurer pays you in accordance with the terms and conditions of your travel insurance policy.

The process performed to terminate an employee's participation in benefit plans.

A means of identifying a group of employees with common characteristics to determine the coverage continuation period for benefit plans for those employees.

A group of settings that determine the coverage continuation period and termination dates applicable to employee groupings for plans in a benefit program.

A means of grouping termination rules to apply them to a plan in a benefit program. Within a termination variant, different termination rules can be defined for different employee groups (termination [..]

A means of identifying a group of employees with common characteristics to determine the adjustment permissions for benefit elections for those employees.

A personal or organizational change experienced by an employee, as a result of which the employee can change current benefit elections.

A plan in which employees are enrolled without the requirement that they consent to the enrollment or make elections within the plan.

A part of the definition of the waiting period for enrollment in a benefit plan.

A person named to receive benefits from an employee's benefit plan. Beneficiaries can be defined for the following plan categories:

A definition determining that a certain type of family member is permitted as a beneficiary for a plan. The types of family member are represented by the subtype of the "Family/Related Person&quo [..]

The highest-level subdivision of benefits data.

A payment or service provided for under an employee benefit plan. Benefits can be funded by the employee, the employer, or both.

A specific date for which benefit salary and employee salary groups, age groups, and seniority groups are determined.

A set of plans in which an employee can enroll, or to which an employee can make changes on a key date. A benefits offer also comprises the possible dependents, beneficiaries, and investments for thes [..]

A set of benefit plans offered to a specific group of employees.

The estimated annual gross salary of an employee. This salary forms the basis for several calculations in Benefits Administration.

The default date for which the system calculates the salary, age, or seniority of an employee to determine amounts based on these factors.

The date by which flexible spending account (FSA) claims from the previous plan year must be submitted for reimbursement.

A tool used to display an overview of spending account claims and their statuses, and process claims that have not been approved.

Legally defined period for which health insurance can be continued for a COBRA-qualified beneficiary.

The reason why participation in health plan coverage under COBRA is terminated for an employee. Termination can be voluntary or involuntary, for example, due to non-payment of premiums due.

The period of time during which a COBRA-qualified employee must report whether or not he or she wishes to continue health plan coverage under COBRA.

The process of identifying events that have taken place, as a result of which employees and/or their dependents become eligible for continuation of health plan coverage under COBRA.

A request for payment for continued health coverage under COBRA.

A detection tool.

An event that causes an individual participating in a group health plan to lose coverage under the same terms and conditions as effective immediately prior to the event. On loss of coverage due to a q [..]

A benefit plan that is subject to COBRA regulations.

A contribution limit that applies to a combination of plans.

A coverage limit that applies to a combination of plans.

A wage type that cumulates and stores information about the earnings and/or working hours of employees for further valuation.

A family member or related person who is beneficiary in the event of the death of the primary beneficiaries of a benefit plan.

An individual, organization, or trust fund that is entitled to receive benefits from an employee#s insurance or retirement plan if the primary beneficiaries are deceased.

The amount of money that an employee has elected to contribute from their pay check to a benefits plan for the year.

The part of the claim amount that is to be paid by the employee. The Asia-specific Claims component allows you to specify certain co-payment options for claim plans. Based on the co-payment percentage [..]

A plan in which an employee must be enrolled or have selected prior to and for the duration of participation in another plan.

The calculation base date for which dynamic costs are calculated.

A criteria used to determine the cost of an insurance plan per base unit of coverage.

A means of identifying a group of employees with common characteristics to determine the cost of benefit plans for those employees.

A plan in which an employee must be enrolled to participate in another plan. An employee must be enrolled in the prerequisite plan at the latest on the day before enrollment in the dependent plan.

A customer-defined list of plans offered as standard plans.

An individual, organization, or trust fund that is first in line to receive benefits from an employee#s insurance or retirement plan after the employee#s death.

A period of time during which an organization allows its employees to enroll in new benefits plans or change benefits elections.

The anticipated benefit from a retirement plan, as calculated by a third party plan administrator.

The vendor or carrier of a benefit plan.

A plan category in which plans that do not fit into another category can be administered. Miscellaneous plans are the most versatile plans because they support the widest range of plan configuration o [..]

A customer-defined salary range, according to which the cost, credit, coverage, employee contributions, or employer contributions for a benefit plan vary. Salary groups can be used alone or in conjunc [..]

A COBRA qualifying event experienced by a qualified beneficiary during the COBRA continuation period for an initial COBRA qualifying event.

A means of identifying a group of employees with common characteristics to determine on a high level the program of benefit plans available for those employees.

A customer-defined seniority range, according to which the cost, credit, coverage, employee contributions, or employer contributions for benefit plans vary. Seniority groups can be used alone or in co [..]

A function that calculates the length of service credited to an employee for various purposes. The calculation is customer-defined and based on employee data.

A plan in which employees are automatically enrolled.

A predefined classification of benefits plans according to characteristics. This is the highest level of classification for plans.

A version of a health, insurance, or miscellaneous plan that an employee can choose on enrollment.

A customer-defined setting that determines whether a plan is active or inactive, and whether or not employees can enroll in a plan.

A subdivision of the benefit plan category.

A payment for continued health plan coverage under COBRA that has not been received by the due date.

A customer-defined, unique grouping of age, salary, and/or seniority ranges, as defined in the associated employee criteria groups.

The act of participating in a benefit plan.

A tool used to detect employees who are no longer eligible for plans in which they are participating, and inconsistencies in plan elections.

An overview of the benefits in which an employee is enrolled.

The period of time during which an employee is enrolled in a benefits plan.

The length of time an employee has participated in a retirement plan, usually taking interruptions in employment into account.

A function in Employee Self-Service Enrollment that generates a sample employee payslip to show the impact of benefit elections on the employee's gross pay.

Pending enrollment in a plan option that requires evidence of insurability.

The employee salary on which the amount of retirement benefit for a retirement plan can be based.

The hours worked by an employee that are inferred from payroll results. These hours are converted to length of service for determining participation, benefit accrual, and vesting in a "defined be [..]

The definition of costs for a group of employees.

A group of settings that determine which criteria influence the cost of a plan for an employee and how employees are grouped for the calculation of cost. The following criteria can be used in the cost [..]

An amount paid by an employee or employer to secure employee benefits.

A group of settings that determine which criteria influence plan coverage for an employee, and how employees are grouped for the calculation of coverage amounts. The following criteria can be used in [..]

A means of identifying a group of employees with common characteristics to determine the appropriate insurance coverage for those employees.

An amount awarded by an employer to an employee as a benefit.

The calculation base date for which dynamic credit is calculated.

A plan in which an employer awards employees credit that can be used to pay for plan costs. The employee can only use credit for those plans that are explicitly credit-approved in Customizing.

The definition of credit for a specific group of employees.

A group of settings that determine which criteria influence the credit allocated to an employee and how employees are grouped for calculating credit amounts. The following criteria can be used in the [..]

The communication of benefits-relevant data between the customer SAP System and a plan provider or third party administrator (TPA) by means of Intermediate Documents (IDocs).

The date on which a cost is incurred, for which an employee claims reimbursement from a flexible spending account.

A plan in which employees can be enrolled before they communicate their benefits elections to the benefits office.

A family member or related person who is covered by an employee's health insurance plan. Dependents can be named for the plan categories Health and Miscellaneous.

An option for a health plan, chararacterized by the number of dependents that can be covered.

A definition determining that a certain type of family member is permitted as a dependent for a plan. The types of family member are represented by the subtype of the "Family/Related Person" [..]

A means of grouping the individual entries of a dependent eligibility rule to apply them to a benefit plan.

A means of determining eligibility based on values that must be determined dynamically (employee actual hours or length of service).

Qualification of an employee to participate in a benefit plan.

The first date on which an employee can participate in a benefit plan. This date is determined according to defined waiting periods, taking minimum age requirements into account.

A means of identifying a group of employees with common characteristics to determine the eligibility rules for benefit plans for those employees.

A group of criteria and settings that determine eligibility dates and conditions applicable to different employee groupings for plans within a benefit program. The eligibility rule controls eligibilit [..]

A means of grouping eligibility rules to apply them to a plan in a benefit program. Within an eligibility variant, different eligibility rules can be defined for different employee groups (eligibility [..]

The length of time an employee has been employed by an organization, taking interruptions in service into account.

A means of identifying a group of employees with common characteristics to determine the contributions payable by those employees for a benefit plan.

A group of settings that specify which criteria determine an employee's contribution to a plan and how employees are grouped for the calculation of contribution amounts. The following criteria ca [..]

A means of differentiating between groups of employees according to customer-defined salary, age, or seniority ranges, in order to determine the value of any of the following variables:

A means of distiguishing between groups of employees with common characteristics to determine the value of any of the following variables:

A means of identifying a group of employees with common characteristics to determine the benefits contributions payed by the employer for those employees.

The definition of employer contribution for a group of employees.

A group of settings that specify which criteria determine the employer contribution made to a plan and how employees are grouped for the calculation of contribution amounts. The following criteria can [..]

A means of identifying a group of family members with common characteristics to determine whether or not they are eligible dependents or beneficiaries for benefit plans.

A means of identifying a group of employees with common characteristics to determine on a high level the benefit program available for those employees.

A benefit plan that allows employees to set aside tax-free dollars for anticipated medical care and dependent care expenses. Flexible spending accounts are available in North America only.

A classification of forms for printing.

Period at the end of a plan year during which the employee can still incur expenses and submit claims for these expenses. Funds will be automatically deducted from any remaining dollars in the employe [..]

A plan that has been closed and replaced by another plan.

Life insurance coverage plan provided under a policy carried directly or indirectly by an employer.

A one-off payment of retirement benefits.

A customer-defined option for plans in the categories Savings and Miscellaneous that lets employees choose how their contributions are invested.

A customer-defined group of investments that can be assigned to plans in the categories 'Savings' and 'Miscellaneous'.

If the plan administrator receives notice from an individual of a qualifying event, a second qualifying event, or of a Social Security disability determination and the administrator determines that CO [..]

Period at the end of a plan year during which the employee can still claim reimbursement for eligible medical expenses. This is a period for filing claims incurred anytime during the plan year, as wel [..]

The process of enrolling in benefit plans.

The definition of employee contribution for a group of employees.

A means of identifying a group of employees with common characteristics to determine the credit awarded to those employees by the employer for the payment of benefit plans.

The definition of coverage for a group of employees.

A set of wage types that represents one of the following amounts relating to employees:

A means of grouping the individual entries of a beneficiary eligibility rule to apply them to a benefit plan.

A customer-defined age range, according to which the cost, credit, coverage, employee contributions, or employer contributions for benefit plans vary. Age groups can be used alone or in conjunction wi [..]

An economic benefit that an employee obtains through performing services for themselves or in using their own property.

The basis for calculating service using the hours-counting method.

An employee's period of employment.

The definition of a waiting period for enrollment in benefit plans. A waiting period consists of a base waiting period plus the period after the base waiting period up to a specified enrollment date ( [..]

A code specifying a type of benefit plan according to the standard ANSI X12.834 for electronic data interchange.

The length of time an employee has participated in a retirement plan, usually taking breaks in service into account. Breaks in service are customer-defined interruptions in service, as a result of whi [..]

The vesting percentage for a period of service, as defined in a vesting rule.

The process in which entitlement to benefits that are not yet in an employee's scope is transferred to an employee.

The definition of vesting for a benefit plan.

Funds the insurance company pays to a policy beneficiary upon death of the insured (or insureds if a survivorship policy)

  What the sport product or service offers the person.

benefit|lang=en

Qualitative and quantitative services and improvements to the quality of life for individuals, communities, and to overall conditions provided through the integrity of land and water systems. Many of [..]

Health and related services guaranteed to be provided by a health plan.ulvinar dapibus leo.

"Benefits" is the 12th episode in the fourth season of the television series How I Met Your Mother and 76th overall. It originally aired on January 12, 2009.