Faculty Member Coverage Clause Samples
The Faculty Member Coverage clause defines the terms under which faculty members are provided with insurance or other forms of coverage by their institution. Typically, this clause outlines the types of coverage available, such as health, disability, or liability insurance, and specifies eligibility criteria, enrollment procedures, and the extent of benefits. For example, it may state that full-time faculty are automatically enrolled in a group health plan, while part-time faculty may need to opt in. The core function of this clause is to ensure that faculty members understand their coverage options and protections, thereby reducing uncertainty and providing financial security in the event of illness, injury, or legal claims related to their professional duties.
Faculty Member Coverage. For faculty member dental coverage, the Employer contributes an amount equal to the lesser of ninety percent (90%) of the faculty member premium of the State Dental Plan, or the actual faculty member premium of the dental plan chosen by the faculty member. However, for calendar years beginning January 1, 2018, and January 1, 2019, the minimum faculty member contribution shall be thirteen dollars and 50 cents ($13.50) per month.
Faculty Member Coverage. For faculty member health coverage for the 2018 and 2019 plan years, the Employer contributes an amount equal to ninety-five percent (95%) of the faculty member-only premium of the Minnesota Advantage Heath Plan (Advantage).
Faculty Member Coverage. For plan year beginning on January 1, 2014, for faculty member health coverage, the Employer contributes an amount equal to one hundred percent (100%) of the faculty member premium of the Minnesota Advantage Health Plan (Advantage). Beginning on January 1, 2015, for faculty member health coverage, the Employer contributes an amount equal to ninety-five percent (95%) of the employee-only premium of the Minnesota Advantage Health Plan (Advantage).
Faculty Member Coverage. For faculty member health coverage, the Employer 14 premium of the Minnesota Advantage Health Plan (Advantage).