Coverage and Premium Contributions Prior to Medicare Eligibility Sample Clauses

Coverage and Premium Contributions Prior to Medicare Eligibility. The retiree will be provided the same health insurance plan options as active employees until the employee reaches Medicare eligibility. Subject to the provisions of Section 5 below, such coverage will be available to the retiree’s spouse of record at the time of retirement, until the retiree’s spouse reaches Medicare eligibility. For such pre-Medicare coverage for the retiree, the retiree must contribute twenty-five percent (25%) of the health insurance premium or the same premium contribution percentage paid by active employees in each year, whichever is greater. For such pre-Medicare coverage for the retiree’s spouse (as set forth in Section 2a above), the retiree must contribute twenty-five percent (25%) of the health insurance premium or the same premium contribution percentage paid by active employees in each year, whichever is greater.
Sample 1
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Coverage and Premium Contributions Prior to Medicare Eligibility. The retiree will be provided the same health insurance plan options as active employees until the employee reaches Medicare eligibility. Subject to the provisions of Section 5 below, such coverage will be available to the retiree’s spouse of record at the time of retirement, until the retiree’s spouse reaches Medicare eligibility. For such pre-Medicare coverage for the retiree, the retiree must contribute fifty percent (50%) of the health insurance premium or the same premium contribution percentage paid by active employees in each year, whichever is greater. For such pre-Medicare coverage for the retiree’s spouse (as set forth in Section 3a above), the retiree must contribute fifty percent (50%) of the health insurance premium or the same premium contribution percentage paid by active employees in each year, whichever is greater.
Sample 1
Coverage and Premium Contributions Prior to Medicare Eligibility. The retiree will be provided the same health insurance plan options as active employees until the employee reaches Medicare eligibility. Subject to the provisions of Section 5 below, such coverage will be available to the retiree’s spouse of record at the time of retirement, until the retiree’s spouse reaches Medicare eligibility. For such pre-Medicare coverage for the retiree, the retiree must contribute one hundred percent (100%) of the health insurance premium. For such pre-Medicare coverage for the retiree’s spouse (as set forth in Section 4a above), the retiree must contribute one hundred percent (100%) of the health insurance premium.
Sample 1

Related to Coverage and Premium Contributions Prior to Medicare Eligibility

  • Insurance Eligibility Unclassified supervisors who receive an employer contribution to health/dental insurance and whose position/appointment ends for reasons other than work performance shall remain eligible for the same employer contributions for six (6) months from the date the position/appointment ends.

  • Health Spending Account (HSA Wellness Spending Account (WSA)/Registered Retirement Savings Plan (RRSP) utilization rates;

  • Continuing Eligibility To continue health benefits, a permanent intermittent employee must be credited with a minimum of 480 paid hours in a control period or 960 paid hours in two consecutive control periods.

  • Health Spending Account contributions by the Executive will cease on the Effective Date. The Executive may submit claims against the balance accrued to the Effective Date, until the end of the calendar year in which the Effective Date occurs.

  • Premium Contributions i. Effective March 1, 2014, the Company and employees will contribute toward the premium costs of the NECA Health Plan for eligible Regular employees in accordance with this Section.

  • Health Benefits Eligibility a. The State System shall provide an eligible permanent full-time active employee with health benefits. The State System shall provide permanent part-time employees who are expected to be in an active pay status at least fifty (50%) of the time every pay period with health benefits.

  • General Eligibility Requirements 3.1.1. All residents of Malaysia aged 18 years and above are eligible to participate in the Promotion.

  • Health Care Spending Account After six (6) months of permanent employment, full time and part time (20/40 or greater) employees may elect to participate in a Health Care Spending Account (HCSA) Program designed to qualify for tax savings under Section 125 of the Internal Revenue Code, but such savings are not guaranteed. The HCSA Program allows employees to set aside a predetermined amount of money from their pay, not to exceed the maximum amount authorized by federal law, per calendar year, of before tax dollars, for health care expenses not reimbursed by any other health benefit plans. HCSA dollars may be expended on any eligible medical expenses allowed by Internal Revenue Code Section 125. Any unused balance is forfeited and cannot be recovered by the employee.

  • Coverage Selection Prior to Retirement An employee who retires and is eligible to continue insurance coverage as a retiree may change his/her health or dental plan during the sixty (60) calendar day period immediately preceding the date of retirement. The employee may not add dependent coverage during this period. The change takes effect on the first day of the month following the date of retirement.

  • Benefit Coverage The Company agrees to provide pension and welfare benefits as described in the Company Booklets, benefit plan documents or policies of insurance for the duration of the Agreement.

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