Travis Texas Agreement to Reimburse for Insurance Premium

State:
Multi-State
County:
Travis
Control #:
US-AHI-206
Format:
Word
Instant download

Description

This AHI form is used to ensure that the employee continues to pay their insurance premium while the are on leave.

Travis Texas Agreement to Reimburse for Insurance Premium is a legal document that outlines the terms and conditions under which one party agrees to reimburse another party for insurance premium expenses. This agreement is typically used in business transactions or contracts where one party assumes the responsibility of purchasing insurance coverage on behalf of another party. The Travis Texas Agreement to Reimburse for Insurance Premium is designed to protect both parties involved in the transaction. It ensures that the party procuring the insurance, known as the "insurer," will be reimbursed for the cost of purchasing the insurance policy on the behalf of the other party, referred to as the "insured." This agreement includes various key provisions, such as: 1. Reimbursement Details: The agreement specifies the exact amount or proportion that the insured party is required to reimburse the insurer for the insurance premium expenses. It may state whether the reimbursement will be a one-time payment or divided into installments. 2. Insurance Specifications: This agreement may outline the specific type of insurance coverage that the insured party requires. It may elaborate on the coverage limits, deductibles, and any additional coverage details relevant to the agreement. 3. Proof of Payment: The agreement may require the insured party to provide evidence of payment for the insurance premium expense, such as receipts or invoices from the insurer. 4. Term of Agreement: It specifies the duration or termination conditions of the agreement, including any necessary notice periods for either party to terminate the reimbursement arrangement. 5. Governing Law: This agreement will adhere to the laws specific to Travis, Texas, governing insurance reimbursement agreements. It is important to note that there may be different types of Travis Texas Agreement to Reimburse for Insurance Premium, each tailored to different types of insurance policies or industries. For instance, there might be agreements specific to liability insurance, property insurance, health insurance, or workers' compensation insurance. In conclusion, the Travis Texas Agreement to Reimburse for Insurance Premium serves as a legally binding document that ensures reimbursement of insurance premium expenses incurred by one party on behalf of another. It outlines the reimbursement details, insurance specifications, and other key provisions necessary for a smooth transaction.

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FAQ

To participate in Medicaid, federal law requires states to cover certain groups of individuals. Low-income families, qualified pregnant women and children, and individuals receiving Supplemental Security Income (SSI) are examples of mandatory eligibility groups (PDF, 177.87 KB).

Children and adults with disabilities who get Medicaid usually are in one or more of the following groups: They have little or no money. They get Supplemental Security Income. In Texas, people on SSI can automatically get Medicaid.

Taxability of Reimbursements to Employees If an employee pays the premiums on personally owned health insurance or incurs medical costs and is reimbursed by the employer, the reimbursement generally is excluded from the employee's gross income and not taxed under both federal and state tax law.

Health Insurance Premium Payment Program (HIPP) HIPP is a sister program to MIPP and will reimburse consumers for private third party health insurance when deemed cost effective.

HIPP AcronymDefinitionHIPPHelp Increase the Peace ProgramHIPPHigh Impact PolypropyleneHIPPHighlands & Islands Partnership ProgrammeHIPPHifn Intelligent Packet Processing (Hifn, Inc.)6 more rows

Georgia Medicaid members who are employed may be eligible for health insurance premium assistance through a Medicaid program called the Health Insurance Premium Payment Program (HIPP).

It is for families with at least 1 person who gets Medicaid. People enrolled in any Medicaid program, except for the Children's Health Insurance Program (CHIP) and STAR Health managed care program, are eligible to enroll in HIPP. There are no age restrictions in the HIPP program.

The Health Insurance Premium Payment (HIPP) program is a voluntary program for qualified beneficiaries with full scope Medi-Cal coverage. HIPP approved Medi-Cal eligible beneficiaries shall receive services that are unavailable from third party coverage and offered by Medi-Cal.

The Health Insurance Premium Payment (HIPP) Program is a program developed to help families, who have at least one person enrolled in Medical Assistance (MA), pay for private health insurance through an employer. HIPP is administered by Pennsylvania's Department of Human Services (DHS).

To be eligible for Texas Medicaid, you must be a resident of the state of Texas, a U.S. national, citizen, permanent resident, or legal alien, in need of health care/insurance assistance, whose financial situation would be characterized as low income or very low income.

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Travis Texas Agreement to Reimburse for Insurance Premium