EMPLOYEE AND COMPANY CONTRIBUTIONS. 1 The premiums for employee-only coverage will be shared by the Company and the employee, with a portion paid by each as provided for in Article 5 C.
EMPLOYEE AND COMPANY CONTRIBUTIONS. 1 The premiums for employee-only coverage will be shared by the Company and the employee, with a portion paid by each. The Company agrees to pay only the legal minimum monthly premium contribution required by the Affordable Care Act (or similar plan enacted by Congress), for employee-only coverage. The employee shall be responsible for paying the remainder of the monthly insurance premium contribution, by payroll deductions. 3 Eligible employees may also elect to enroll in dental and/or vision insurance coverage under the same health insurance plan, and 100% of the premium will be paid for, and the responsibility of, the employee. 4 The employee shall be required to complete and submit all health benefits applications and payroll deduction paperwork to the Human Resources professional. Employee Contributions shall automatically be deducted from the employee’s regular wage payments.
