Common use of Group Plan Clause in Contracts

Group Plan. (a) The Employer will continue to participate with employees who meet the eligibility criteria in the provision of group life insurance, basic medical, prescription drug, and dental coverage for employees. (b) The premiums for the group life insurance coverage shall be cost-shared 50% by the Employer and 50% by the employee. (c) The premiums for the basic medical, prescription drug, and dental plans shall be cost-shared 65% by the Employer and 35% by the employee. (d) Except as otherwise provided, when an employee is on an approved leave and continues to pay his/her share of the premium cost, the Employer shall continue the benefit and pay the Employer’s share of the life insurance and/or health insurance plans for a maximum of fourteen (14) weeks. After this time, the benefit cost must be fully paid by the employee. The employee must make arrangements suitable to the Employer for payment of his/her share of the premium cost at the time the leave is approved. (e) The life and health insurance plans in effect may be amended by mutual consent of the parties to this agreement.