Insurance Premium Pool Sample Clauses

Insurance Premium Pool. 21 The amount of revenue available to the bargaining unit as specified in Section 11.1.3 herein 22 shall comprise the premium pool. It is understood that the FTE count is frozen at the S-277 23 FTE's in the bargaining unit for the purpose of generating the pool. Upon closing of insurance 24 plan enrollment periods, the District shall compare the bargaining unit insurance premium 25 usage to the size of the premium pool. Such comparison information is to be provided to the
Sample 1
AutoNDA by SimpleDocs
Insurance Premium Pool. 41 The amount of revenue generated by the bargaining unit per month per full-time equivalent 42 shall comprise the premium pool. It is understood the FTE count is frozen at September 30
Sample 1
Insurance Premium Pool. An insurance pool per full-time equivalent (FTE) shall be created by taking the total number of FTE employees in the bargaining unit as of the first Friday of the instructional school year times the State funded amount times 12. 2003-2006 Collective Bargaining PSE of 1,2003 The District shall compare the bargaining unit insurance premium usage to the size of the premium pool. Such comparison information is to be provided to the Association. If the pool exceeds usage. the excess shall be divided employees whose insurance cause payroll deductions, with said division to be on a pro rata basis until enrollments are fully paid or the excess depleted. The pool shall be recomputed effective the 5th of and benefits so apportioned. It is understood that except for the addition of new dependents, enrollments are closed for the purpose of the insurance pool. All employees hired after the pool is established shall receive the appropriate amount as in Section 13.1 per month per and shall not be included in the pool, subject to the computation dates cited above. If, after all bargaining unit employees and their dependents as specified in this Section have their Basic benefits package covered in there are funds left in the pool, these funds may be used for the purchase of optional benefits and a second pool established for their distribution on a pro rata basis.
Sample 1
Insurance Premium Pool. An insurance pool per full-time equivalent (FTE) shall be created 40 by taking the total number of FTE employees in the bargaining unit as of the first Friday of the instructional 41 school year times the State funded amount times 12. 44 45 47 The District shall compare the bargaining unit insurance premium usage to the size of the premium pool. Such 48 comparison information is to be provided to the Association. If the pool exceeds usage, the excess shall be 1 divided by employees whose Basic benefit package insurance enrollments cause payroll deductions, with said 2 division to be on a pro rata basis until enrollments are fully paid or the excess depleted. The pool shall be
Sample 1

Related to Insurance Premium Pool

  • Insurance Premiums Tenant shall pay or cause to be paid all premiums for the insurance coverage required to be maintained pursuant to Article 9.

  • Health insurance premiums If you are unemployed and have received unemployment compensation for 12 consecutive weeks under a federal or state program, you may take payments from your IRA to pay for health insurance premiums without incurring the 10 percent early distribution penalty tax. 6)

  • Premium Payment The Bank shall pay any premiums due on the Policy.

  • Premium Payments If an employee with at least three years of service in the employ of the Shaker Heights Board of Education should exhaust his/her sick leave within the time specifications of this contract and is granted a leave of absence by the Board, the Board shall continue to pay his/her premiums in accordance with his/her work assignment for the following fringe benefits for a period not to exceed twelve (12) months. The payment of such premiums will cease on the effective date an employee retires, resigns, goes on disability retirement or his/her contract is terminated.

  • Insurance Requirement; Coverages Borrower must keep the improvements now existing or subsequently erected on the Property insured against loss by fire, hazards included within the term “extended coverage,” and any other hazards including, but not limited to, earthquakes, winds, and floods, for which Lender requires insurance. Borrower must maintain the types of insurance Lender requires in the amounts (including deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the preceding sentences can change during the term of the Loan, and may exceed any minimum coverage required by Applicable Law. Borrower may choose the insurance carrier providing the insurance, subject to Xxxxxx’s right to disapprove Borrower’s choice, which right will not be exercised unreasonably.

  • Insurance Reimbursement If you have health insurance, your behavioral health treatments may be covered in whole or in part. The BHCTC will assist you in determining your insurance coverage and will help you fill out any forms needed. Many managed care plans often require an authorization before treatment can begin. You may be required to contact your insurance company to obtain this authorization and/or receive it from your primary care physician. Many managed care plans limit counseling and therapy services to short-term treatment designed to work out specific problems that prevent people from living and working as they normally do. As this is the BHCTC’s model of treatment, this often works out well. Where necessary, we may request more sessions from the managed care plan. In order to do so, we are typically required to complete the insurance company’s forms which may include providing your diagnosis, the reasons you have sought treatment from the BHCTC, the symptoms you are suffering, and how long we believe treatment will or should continue. The information provided will become part of the insurance company’s files. Insurance companies are obligated to keep this information confidential; however, please note that the BHCTC has no control over the handling of this information by the insurance company. If you receive treatment from one of our NJ Licensed Psychologists, your insurance company may request that you authorize the psychologist to disclose certain confidential information in order to obtain insurance coverage benefits for these services. This disclosure can occur only if it is pursuant to a valid authorization and the information is limited to: 1) administrative information (name, age, sex, fees, dates, nature of sessions, etc.); 2) diagnostic information; 3) the status of the patient (voluntary/involuntary; inpatient/outpatient); 4) the reason for continuing psychological services (limited to an assessment of the current level of functioning and the level of distress both rated as mild, moderate, severe or extreme); and 5) a prognosis, limited to the estimated minimal length of treatment. If the Insurance Company has reasonable cause to believe that the psychological treatment in question may not be usual, customary or is unreasonable, it may request an independent review of such treatment by an independent review committee. While a lot can be accomplished in short-term therapy, some people feel they need more services after their insurance benefits end. If this is the case with you, we will discuss what our fees are and the best way for you to arrange payment in order to receive continued treatment. If your insurance company does not allow us to see you after your benefits end, we will be happy to assist you in finding another therapist who will work well with you. It is also important to remember that you always have the right to pay for your treatment yourself to avoid any insurance issues discussed above.

  • Health and Dental Premium Accounts The Employer agrees to provide eligible employees with the option to pay for the employee portion of health and dental premiums on a pretax basis as permitted by law or regulation.

  • Group Insurance 38.01 The Group Insurance Plan presently in effect shall remain in effect during the term of this Agreement.

  • Premium Pay “Premium Pay” is a special pay rate for working during times that are less desirable, such as weekends, holidays or late shifts. The City will not pay the Consultant Premium Pay.

  • Benefit Premiums The Employer shall continue to pay its portion of insured benefit premiums, provided employees continue to pay their portion, as follows:

Time is Money Join Law Insider Premium to draft better contracts faster.