annual limit
Defined in 2 places across 2 titles of the United States Code.
The term “annual limit” means, with respect to benefits under a group health plan, a dollar limitation on the total amount of benefits that may be paid with respect to such benefits in a 12-month period under the plan with respect to an individual or other coverage unit.
Source
- 1997–present26 U.S.C. § 9812Internal Revenue Code · Parity in the application of certain limits to mental health benefits · for purposes of this section
The term “annual limit” means, with respect to benefits under a group health plan or health insurance coverage, a dollar limitation on the total amount of benefits that may be paid with respect to such benefits in a 12-month period under the plan or health insurance coverage with respect to an individual or other coverage unit.
Source
- 1996–present29 U.S.C. § 1185ALabor · Parity in application of certain limits to mental health benefits · for purposes of this section