Portability


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Related to Portability: Number portability

Portability

The character of benefits that may be carried from a previous job to the next.

Portability

The ability to take one's benefits, particularly health insurance, from one job to another. Some U.S. states require health insurance companies to offer portability. It exists to protect people from the possibility that they will lose their health insurance and be unable to acquire a new policy because of a pre-existing condition that develops between acquiring the first policy and looking for a second.
References in periodicals archive ?
To build portability tools people can trust and use effectively, online services need clear rules about what kinds of data should be portable and who is responsible for protecting that data as it moves to different services.
Going over the NTC-drafted IRR of the cellular phone portability law, Gatchalian expressed disappointment, indicating this was not what he expected of how the law would be implemented.
In the IRR released by the NTC, subscribers who have outstanding debt, locked devices or seeking to again switch less than 60 days after a ported number has been activated, and who have been blacklisted due to fraudulent activities will not be covered by the mobile network portability law.
On Tuesday, the National Telecommunications Commission (NTC) issued the implementing rules and regulations (IRR) of the Mobile Portability Act through Memorandum Circular 03-06-2019, which will take effect on July 2.
In addition to Greece, number portability solutions from iconectiv and its subsidiaries have been implemented worldwide, including in Argentina, Brazil, Canada, Chile, India, Malaysia, Pakistan, Saudi Arabia, South Africa, Thailand, Tunisia, U.A.E., the United States and Vietnam.
Under the new law, public telecommunications entities (PTEs) are mandated to provide the mobile number portability feature to users for free.
The Mobile Number Portability Act is also expected to help address terrorism as it is known that terrorists use easily accessible and disposable mobile phones and sim cards for carrying out bomb attacks using explosives rigged to a cellphone detonating device.
* Model laws and interstate compacts as ways to improve portability
All mobile operators and mobile communication providers should make arrangements to provide number portability for mobile users.
The portability extension offered by this revenue procedure would be until the later of January 2, 2018, or 2 years after the decedent's date of death to make the election.
Note: For IRS guidance on portability and QTIP elections, see the December 2016 issue of California CPA, Page 23.
Because of the generous federal estate tax exemption, most upper middle class clients understandably fail to realize the need for making a portability election in order to preserve the portability option for the future.