Group Health Insurance Policy Sample Clauses

Group Health Insurance Policy. All full-time employees shall be eligible for enrollment in the Group Health Insurance Plans approved by the Board. The board retains the exclusive right to make, and the Union expressly and unequivocally waives its right to bargain, changes in the carriers, health insurance plan designs and all provisions of the group health plan in an effort to contain the cost of insurance and ensure the timely selection and availability of health insurance plans to employees. The board shall maintain an Advisory Insurance Committee to which the Union may appoint 2 representatives. The impact of any changes made by the Board will be impact bargained if requested by the Union beginning in fiscal year 2018-2019. The Advisory Insurance Committee shall, in cooperation with the Superintendent provide input and submit recommendations to the Superintendent by October 1, 2016, on the development of a Request for Proposal for employee health insurance for the 2017-2018 plan year. The cost of single coverage health insurance to the participating employee shall be twenty dollars ($20) per month until June 30, 2016 on which day the single coverage employee contribution of twenty dollars ($20) shall sunset and t The board’s monthly premium subsidy for single coverage shall be capped at five hundred dollars ($500), which shall increase to a cap of $531 per month for single coverage beginning July 1, 2016. The Advisory Insurance Committee will also review the Request for Proposal results and provide input and submit recommendations to the Superintendent by March 1, 2017, on the development of health insurance plans for the 2017-2018 plan year providing for up to two health insurance plan offerings, and resulting in the highest quality benefits at the lowest cost for both the employee and the employer. For the 2016-2017 and 2017-2018 health insurance plan years, an employee that enrolls in a health insurance plan with a single coverage monthly premium cost less than $531 per month shall receive a total credit of $250 in an IRS 125 flex plan, pro-rated for less than full-year enrollment. The employee shall be responsible for any remaining monthly premium amount in excess of the subsidy. In no event shall the board’s monthly subsidy exceed the monthly premium cost for single coverage for the participating employee. Participating employees may obtain additional coverage provided they assume the total cost of the additional coverage. The Board shall pay fifty cents ($.50) per month for eac...
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Related to Group Health Insurance Policy

  • Group Health Insurance Immediately following retirement, the teacher shall have the option of remaining in the Corporation’s current group health insurance plan if all of the following conditions are met as of the date of retirement and thereafter:

  • Health Insurance Plan (Excluding Summer Students Regardless of Wage Schedule Paid From) These employees shall be considered as a group in order that they may apply to participate in the Supplementary Plan and the Extended Health Benefit Plan at group rates. One hundred percent (l00%) of all premiums will be paid by the employees. The Company will pay one hundred percent (l00%) of the Ontario Health Insurance Plan premium for temporary employees who have four months' accumulated service.

  • Health Insurance The Couple agrees that: (check one) ☐ - Each Spouse is responsible for THEIR OWN health insurance. ☐ - Health insurance IS PROVIDED by ☐ Husband ☐ Wife (“Health Insurance Paying Spouse”) to ☐ Husband ☐ Wife (“Health Insurance Receiving Spouse”). Health insurance shall include: (check all that apply) ☐ - Medical ☐ - Dental ☐ - Vision Care ☐ - Other. . To facilitate the use of such coverage for the Health Insurance Receiving Spouse, the Health Insurance Paying Spouse shall cooperate fully and in a timely manner, including, but not limited to, obtaining and providing all necessary insurance cards and claim forms, completing and submitting all necessary documents, and delivering all insurance payments.

  • Ontario Health Insurance Plan The parties recognize that the method of funding OHIP has been changed from an individually paid premium to a system funded by an employer paid payroll tax. If the government, at any time in the future, reverts to an individually paid premium for health insurance, the parties agree that the Colleges will resume paying 100% of the billed premium for employees.

  • Retirement Health Insurance Subd. 1. Benefit Eligibility for Employees who Retire Before Age 65

  • Retiree Health Insurance Retired members of the Department receiving, or to receive City of Lincoln monthly pension checks, may participate in the group comprehensive health care plan for active City employees, provided that each retiree so desiring will execute the required forms in a timely fashion, and further provided that each retiree will be required to pay the full monthly cost at the current rates subject to any rate increases which may occur from time to time. Such payment will be made by payroll deduction from pension checks, or by direct payment in the case of an early retiree.

  • Health Insurance Benefits To the extent provided by the federal COBRA law or, if applicable, state insurance laws, and by the Company’s current group health insurance policies, Executive will be eligible to continue Executive’s group health insurance benefits at Executive’s own expense. If Executive timely elects continued coverage under COBRA, the Company shall pay Executive’s COBRA premiums, and any applicable Company COBRA premiums, necessary to continue Executive’s then-current coverage for a period of 18 months after the date of Executive’s termination of employment; provided, however, that any such payments will cease if Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such premiums. Executive agrees to immediately notify the Company in writing of any such enrollment. Notwithstanding the foregoing, if the Company determines, in its sole discretion, that it cannot provide the foregoing benefit without potentially incurring financial costs or penalties under applicable law (including, without limitation, Section 2716 of the Public Health Service Act), the Company shall in lieu thereof provide to Executive a taxable monthly amount to continue his group health insurance coverage in effect on the date of separation from service (which amount shall be based on the premium for the first month of COBRA coverage), which payments shall be made regardless of whether Executive elects COBRA continuation coverage and shall commence in the month following the month in which Executive incurs a separation from service and shall end on the earlier of (x) the date on which Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such amounts and (y) 18 months after the date of Executive’s separation from service.

  • Health Insurance Coverage (a) An employee who is laid off or separated from employment on or after July 1, 1994, under circumstances which entitle such employee to reemployment rights under this Article, other than pursuant to Section 23, may elect to continue membership in their health benefit plan, upon advance payment of the regular percentage contribution to the cost of the plan, during the first six

  • 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)

  • Health Insurance Committee The UFF-USF-GAU President will appoint one (1) employee to serve on the University's Student Health Insurance Committee.

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