Health/Major Medical Insurance Sample Clauses

Health/Major Medical Insurance. The health/major medical and dental insurance plans, rates and employee- employer contributions in force shall follow what has been approved by the Board of Trustees for its other employee groups. When multiple healthcare plan options are available to the College’s other employee groups, members may select from those individual plan options and corresponding plan premium rates that best fit their interest. Future increases in the College contribution for either the PPO or the HMO medical insurance coverage shall be based on the premium increase to the HMO coverage. Future changes over the term of this Agreement to the PPO or HMO insurance coverage shall be in accordance with Article 12.9, Insurance Committee, of this Agreement. Effective January 1, 2018 through December 31, 2022, the Board shall contribute the following percentages towards the named plans:
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Health/Major Medical Insurance. The health/major medical and dental insurance plans, rates and employee- employer contributions in force shall follow what has been approved by the Board of Trustees for its other employee groups. When multiple healthcare plan options are available to the College’s other employee groups, members may select from those individual plan options and corresponding plan premium rates that best fit their interest. Future increases in the College contribution for either the PPO or the HMO medical insurance coverage shall be based on the premium increase to the HMO coverage. pg. 18 Future changes over the term of this Agreement to the PPO or HMO insurance coverage shall be in accordance with Article 12.9, Insurance Committee, of this Agreement. Effective July 1, 2022 through June 30, 2025, the Board shall contribute the following percentages toward the named plans: PPO Wellness Plan = 75% HMO Illinois = 82% HMO Blue Advantage = 84% BC/BS HDHC = 80%
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Health/Major Medical Insurance. The health/major medical and dental insurance plans, rates and employee- employer contributions in force shall follow what has been approved by the Board of Trustees for its other employee groups. When multiple healthcare plan options are available to the College’s other employee groups, members may select from those individual plan options and corresponding plan premium rates that best fit her/his interest. Future increases in the College contribution for either the PPO or the HMO medical insurance coverage shall be based on the premium increase to the HMO coverage. Future changes over the term of this Agreement to the PPO or HMO insurance coverage shall be in accordance with Article 12.9, Insurance Committee, of this Agreement.
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Health/Major Medical Insurance. 1. The Board shall pay the percentage designated below of either the actual annual premium or the Projected Annual Premium Amount below, whichever is less, for the applicable Board sponsored insurance plan (HMO or NSBC) in which the teacher is enrolled. This benefit is available on a pro-rata basis for less than full- time and/or full-year teachers. Projected Annual Board Portion Premium Xxxxxx 0000-00 XXX Single $4,789 90% 2006-07 NSBC Single $7,033 90% 2006-07 HMO Family $12,280 65% 2006-07 NSBC Family $17,470 65% XXXXXXXXXX XXXXXX XXXXXXXX XX. 00 0000-00 XXX Single $5,747 90% 2007-08 NSBC Single $8,440 90% 2007-08 HMO Family $14,736 70% 2007-08 NSBC Family $20,964 70% 2. If for any year during the term of this Agreement, the actual premium for any plan goes above the Projected Premium Amount above for that year, the excess of the actual over the projected premium amount will be shared equally (50/50) by the Board and the teacher. KENILWORTH SCHOOL DISTRICT NO. 38
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Health/Major Medical Insurance. The College shall contribute the amount of $ 5,077.08 toward the 2012 plan year premium for either the PPO or HMO individual medical insurance coverage selected by the employee. The College shall contribute toward the premium for individual and dependent medical insurance coverage for either the PPO or HMO coverage for which the employee qualifies, in the following amounts for the 2012 plan year: Individual and Spouse $ 10,112.88 Individual and Children $ 10,748.52 Individual, Spouse and Children $ 15,143.88 Future increases in the College contribution for either the PPO or the HMO medical insurance coverage shall be based on the premium increase to the HMO coverage. The College shall assume eighty percent (80%) of the HMO premium increase and the employee shall assume twenty percent (20%) of the HMO premium increase. The College contribution to PPO insurance coverage will be the same dollar amount as the College contribution to the HMO insurance coverage. An employee who selects PPO coverage will be responsible for any additional premium increase above the College contribution for the plan of their choice, subject to the following paragraph. In the event the premium contribution required by an employee would exceed twenty percent (20%) of the total premium cost for the medical insurance coverage selected by the employee, the premium contribution of the employee shall be limited to twenty percent (20%) of the total premium cost. Future changes over the term of this Agreement to the PPO or HMO insurance coverage shall be in accordance with Article 12.9, Insurance Committee, of this Agreement.
Sample 1
Health/Major Medical Insurance. 1. The Board shall pay the percentage designated below of either the actual annual premium for the applicable Board sponsored insurance plan (HMO or NSBC) in which the teacher is enrolled. This benefit is available on a pro-rata basis for less than full-time and/or full- year Teachers who meet the health insurance plan enrollment guidelines. 2010-2011 School Year: HMO or NSBC – PPO Single Coverage: Board Paid 90% HMO or NSBC – PPO Family Coverage: Board Paid 70% 2011-2012 School Year: HMO or NSBC – PPO Single Coverage: Board Paid 90% HMO or NSBC – PPO Family Coverage: Board Paid 72% 2012-2013 School Year: HMO or NSBC – PPO Single Coverage: Board Paid 90% HMO or NSBC – PPO Family Coverage: Board Paid 75%
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Related to Health/Major Medical Insurance

  • Medical Insurance Upon termination of employment, the Executive shall be entitled to all COBRA continuation benefits available under the Company's group health plans to similarly situated employees. To the extent permitted under Code Section 409A, during the applicable Payout Period, the Company shall provide such COBRA continuation benefits to the Executive at the active employee rates similarly situated employees must pay for such benefits. Upon the expiration of such Payout Period, the Executive will be responsible for paying the full COBRA premiums for the remaining COBRA continuation period.

  • Basic Medical Insurance All regular Employees may choose to be covered by the medical plan for which the British Columbia Medical Plan is the licensed carrier. Benefits and premiums shall be in accordance with the existing policy of the plan. The Employer will pay one hundred percent (100%) of the regular premium.

  • Retiree Medical Insurance Retiree insurance coverage is included within each medical plan for all retirees under the age of 65 years, through self-payment. The Employer shall make available an appropriate medical plan for all eligible retirees ages 65 years or older.

  • Hospital and Medical Insurance The University shall make available health insurance to the employees covered by this agreement to the same extent and in the same manner as is available to other University employees, such as Faculty and the Executive, Administrative and Professional Staff employees. It is the University's goal to have the same health insurance plans offered uniformly to all University groups and employees.

  • Optical Insurance The Employer shall contribute the full composite premium cost for an optical insurance plan policy premium for each SUCCESS employee deemed eligible (e.g. Vision Service Plan). Participation in the optical insurance benefit is voluntary for each eligible SUCCESS employee. In order to qualify for the Employer’s share of the monthly premium, the SUCCESS employee must qualify under the rules and regulations of the respective carrier and may enroll in one of the following plans:

  • MEDICAL AND HOSPITAL INSURANCE 14.1 Current practices will prevail for the duration of this Agreement, except that any changes in medical or hospital insurance plans, including the premium payable by employees, applicable to the majority of those employed in the Public Service for whom the Treasury Board is the employer, will during the life of this Agreement be applicable to the employees under this Agreement.

  • Trauma Insurance All employees will be covered by an Incolink administered lump sum insurance policy providing financial compensation in the event of a major work related (ie. WorkCover) accident resulting in death or permanent total disablement. The full and precise conditions of this cover will be in accordance with the terms of the policy, but in general will provide that, in the event of a workplace accident occurring which results in either the death or total permanent disablement of a worker covered by this Agreement, a lump sum payment as specified below will made. The defined payments are: With dependants $250,000 Without dependants $150,000 This benefit has been agreed to by the company on the grounds that premium costs have been set at $7 per week/worker and will not exceed that amount. In the event of insurance costs rising, it is agreed that the table of defined benefits will be reduced so as to maintain the $7 premium figure. To maintain this cover the company agrees to pay the amounts every week for each employee.

  • Dental Insurance The State agrees to pay one hundred percent (100%) of the employee premium of a dental insurance program for full-time employees. The benefit levels of this program shall provide one hundred percent (100%) coverage for preventive care and eighty percent (80%) coverage for general service care. The State agrees to provide payroll deduction for dental insurance, provided such arrangements are agreed to by the insurance carrier. Dependent coverage will be available provided there is sufficient employee participation in the dental insurance program. Dependent coverage will be at the employees' expense.

  • Medical Insurance for Retirees The University will make available a medical insurance plan for official retirees hired prior to January 1, 2014 in the same manner and on the same basis as applies to all the University’s other official retirees. An official retiree (including early retirees) for purposes of this benefit, will be defined as any regular employee who is employed by the University at the time of retirement, who is vested in a University sponsored retirement plan and whose years of University service and age total a minimum of 75. Coverage for the spouse of the retiree or early retiree is available on the same basis as for other University official retirees. The University retains the right to modify or terminate this plan upon reasonable notice to staff and retirees.

  • INDUSTRIAL INSURANCE It is understood and agreed that there shall be no Industrial Insurance coverage provided for Contractor or any Sub-Contractor of the Contractor by the City. Contractor agrees, as a precondition to the performance of any work under this Agreement and as a precondition to any obligation of the City to make any payment under this Agreement to provide City with a certificate issued by an insurer in accordance with NRS 616B.627 and with a certificate of an insurer showing coverage pursuant to NRS 617.210. It is further understood and agreed by and between City and Contractor that Contractor shall procure, pay for, and maintain the above mentioned industrial insurance coverage at Contractor's sole cost and expense. Should Contractor be self-funded for Industrial Insurance, Contractor shall so notify City in writing prior to the signing of this Contract. City reserves the right to approve said retentions, and may request additional documentation, financial or otherwise, for review prior to the signing of this Contract. MINIMUM LIMITS OF INSURANCE CONTRACTOR shall maintain coverages and limits no less than:

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