Health Insurance Costs Sample Clauses

Health Insurance Costs. Health insurance costs would be the same as if the employee was actively working for that twelve (12) week period as defined in Article 17, Insurance Benefits.
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Health Insurance Costs. The Court will absorb a portion of the health premium increase and maintain the percentage of the cost of health insurance, as noted below, through the remainder of the MOU (“the MOU” being the MOU commencing in 2018). The effective date shall be retroactive to the first month of the 2018 calendar year. At the conclusion of the MOU, the employee shall be responsible for paying any increase in premium for the medical plans (Gold PPO, HDHP, and SIMNSA) that occur following the expiration of the MOU, unless otherwise negotiated in a successor MOU. o HDHP – 85% employer; 15% employee o Gold PPO – 77% employer; 23% employee o SIMNSA – 77% employer; 23% employee
Sample 1
Health Insurance Costs. Buyer and Seller agree that the Property Manager will incur administrative costs in preparing offers of coverage for health insurance benefits with respect to employees of the Property for calendar year 2015, and for withdrawing such offers of coverage upon Closing (“Administrative Costs”). Buyer agrees to reimburse Property Manager at Closing in the amount of $4,300.00 for such Administrative Costs incurred from the date hereof through the Closing Date. If Seller and Buyer mutually agree to extend the Closing Date, Buyer acknowledges that Property Manager will incur further administrative costs relating to health insurance coverage with respect to employees of the Property in the amount of $3,000 (the “Additional Administrative Costs”) in addition to the actual cost of monthly premiums for such health insurance coverage (the “Premium Costs”), which Premium Costs may vary per employee and based on the number of employees who elect to be covered by health insurance coverage. Buyer agrees that if the Closing occurs in January 2015, Buyer will reimburse Property Manager at Closing for the Administrative Costs and the Additional Administrative Costs, plus the Premium Costs actually incurred by Property Manager upon presentation by Property Manager to Buyer of evidence reasonably satisfactory to Buyer of the incurrence of such Premium Costs, but in no event shall Buyer be obligated to reimburse Property Manager or Seller in excess of $4,300 for Administrative Costs, $3,000 for Additional Administrative Costs and $57,000 for Premium Costs.
Sample 1
Health Insurance Costs. The Administration will formulate and convene a committee to include representatives from the Organization which will have an ongoing responsibility to assist the Administration in monitoring trends and emerging opportunities in the health care industry and positioning the BOCES health care program(s) to take best advantage of these trends and opportunities to control costs while maintaining comprehensiveness and high quality.
Sample 1
Health Insurance Costs. Bank shall pay to Executive the Bank’s portion of monthly costs for medical, dental, and vision insurance coverage for Executive (as adjusted to reflect any subsequent increases in the Bank’s portion of monthly costs), on a monthly basis (1) through and including September 30, 2019; or (2) until Executive is eligible for such insurance, in whole or in part, through subsequent employment, through his spouse’s coverage, or through other means; whichever occurs first. Executive shall promptly notify the Bank if and when he becomes eligible for medical, dental and/or vision insurance from a subsequent employer, through his spouse’s coverage, or through other means.
Sample 1

Related to Health Insurance Costs

  • 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.

  • 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 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 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 12 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) 12 months after the date of Executive’s separation from service.

  • 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.

  • 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 AND INSURANCE BENEFITS 22.01 All health and insurance benefit premium costs paid by the Employer shall prorate in accordance with the proration formula under Article 22.12 of this Agreement. Same sex spouse is eligible to be a dependent for insured benefits.

  • Health Insurance Portability and Accountability Act Grantee certifies that it is in compliance with the Health Insurance Portability and Accountability Act of 1996 (HIPAA), Public Law Xx. 000-000, 00 XXX Parts 160, 162 and 164, and the Social Security Act, 42 USC 1320d-2 through 1320d-7, in that it may not use or disclose protected health information other than as permitted or required by law and agrees to use appropriate safeguards to prevent use or disclosure of the protected health information. Grantee shall maintain, for a minimum of six (6) years, all protected health information.

  • 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.

  • Health Benefits The method for determining the Employer bi-weekly contributions to the cost of employee health insurance programs under the Federal Employees Health Benefits Program (FEHBP) will be as follows:

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