What is spousal surcharge for health insurance?
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What is spousal surcharge for health insurance?
With a spousal surcharge program an employee must pay an additional cost to cover a working spouse who has the option to elect health coverage from his or her employer and has declined the coverage.
What is a carve out in health insurance?
Carve-out: A carve-out insurance plan is a supplement to a person’s standard health insurance plan. The carve-out plan is provided by a third-party vendor, and it covers specialized care or products, such as prescription medications and treatment for chronic illnesses.
Is FFS the same as PPO?
Fee-for-Service (FFS) Plans with a Preferred Provider Organization (PPO) An FFS option that allows you to see medical providers who reduce their charges to the plan; you pay less money out-of-pocket when you use a PPO provider. When you visit a PPO you usually won’t have to file claims or paperwork.
What is a carve out in a contract?
A carve-out is a contract provision by which the parties exclude (or carve out) certain claims or remedies from their arbitration clause. Carve-outs are a mechanism by which parties choose between court and arbitral bundles of procedures on a claim-by-claim basis.
What carve out means?
What Is a Carve-Out? A carve-out is the partial divestiture of a business unit in which a parent company sells a minority interest of a subsidiary to outside investors. A carve-out allows a company to capitalize on a business segment that may not be part of its core operations.
What is a reverse carve out?
For instance, we normally prefer a “reverse carve-out”. This means the business is divested as a whole to a purchaser but the merged entity may retain one or more assets that are not necessary for the viability and competitiveness of the carved-divestment business.
What is the difference between spin off and carve out?
A spin-off distributes shares of the new subsidiary to existing shareholders. A carve-out is when a parent company sells shares in the new subsidiary through an initial public offering (IPO). Most spin-offs tend to perform better than the overall market and, in some cases, better than their parent companies.
What are the key considerations to structuring a carve out transaction?
In considering the legal structure needed to implement the carve-out transaction, parties generally consider three key issues: (1) optimizing tax efficiency, (2) minimizing business disruption and (3) allocating historic liabilities. Often these objectives are in tension.
What is a divestiture?
In its simplest form, a divestiture is the disposition or sale of an asset by a company, a way to manage its portfolio of assets. Companies may also sell off business lines if they are under financial duress.
