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<br />'PAID (Payment) means that a claim has been adjudicated by the Administrator and the funds are actua1ly <br />disbursed by the Plan prior to the end of the Benefit Period. Payment of a claim. must be unoonditional and <br />directly made to a Covered Person or their health care provider(s). Payment will be deemed made on the <br />date that both yau or your AdminisIIato.r directly tenders payment by mailing (or by other fOllD. of delivery) <br />a draft or cbeck; and the account upon which the payment is drawn contains, and continues to contain, <br />sufficient funds to permit the check or draft to be honored by the institution upon which it is dmwn. <br /> <br />PLAN :meaDS the emp10ycc benefit plan You provide Your eligt"ble cm.ployees and their eligible <br />depP.nr'l~. as defined in 'Ibis Policy, which bas been received and accepted by Us. Plan does not include <br />life insurance, a.ccidental death and c.:IisrDembem1ent insurance, long and short-tenn disability insurance <br />coverages, or fully insured major medical insurance coverages. <br /> <br />POLICY YEAR. means the specified period oftime during which the coverage provided under this Policy <br />is in effect, as stated in the Scbednle. <br /> <br />SPECIFIC DEDUCl1BLE AMOUNT means the amount shown in the Schedule. <br /> <br />SL-2001 <br /> <br />7 <br /> <br />(6101) <br />