Health Spending Account Sample Clauses

Health Spending Account contributions by the Executive will cease on the Effective Date. The Executive may submit claims against the balance accrued to the Effective Date, until the end of the calendar year in which the Effective Date occurs.
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Health Spending Account. 20.7.1 On January 1, the Board will contribute an annual amount of $800 to a Health Spending Account for eligible full-time employees covered by this agreement. Eligible employees will be employees who are actively at work, on maternity leave, on paid sick leave, on extended disability or on WCB as of the first working day of the applicable calendar year. An employee hired after the first working day in the calendar year, will be eligible for the Health Spending Account on the first calendar day of the month following their date of hire. The contribution on the first calendar day of the month following the date of hire will be as follows for a full time employee: Month of Hire Contribution Amount Contribution Date January $733 February 1st February $667 March 1st March $600 April 1st April $533 May 1st May $467 June 1st June $400 July 1st July $333 August 1st August $267 September 1st September $200 October 1st October $133 November 1st November $67 December 1st December $800 January 1st
Health Spending Account. Annual $500 allocation continues fully paid by the University during the term of your post-retirement contract.
Health Spending Account. 38.5.1 The University shall provide and maintain a Health Spending Account (HSA) for all eligible MacEwan Staff Association members.
Health Spending Account. The Foundation shall provide a Health Care Spending Account beginning January 1, 2015 as follows: Eligibility – Permanent EmployeesA permanent employee working full time hours who has completed three (3) months of continuous employment with the Foundation or a permanent employee who has achieved benefit status. • Be actively at work during the first pay period of each year and/or the pay period in which July 1 occurs. • Actively at work means those employees who are at work for all or a portion of the first pay period of the year or the pay period in which July 1 occurs and includes those employees who are on maternity or parental leave, STD, LTD, WCB, vacation or other paid leave until such time as they are no longer an employee of the Foundation.
Health Spending Account. A Health Spending Account (HSA) shall be implemented for all regular Employees eligible for benefits in accordance with Article 27 of the Collective Agreement in the amount of three hundred twenty-five dollars ($325.00) for each eligible Full-Time Employee and pro-rated for each eligible Part-Time Employee based on their FTE. Any unused allocation in an Employee’s HSA as of December 31st of each calendar year may be carried forward for a maximum of one (1) calendar year. The HSA may be used for the purposes of reimbursement for health and dental expenses that are eligible medical expenses in accordance with the Income Tax Act and are not covered by the benefit plans specified in Article 27 of the Collective Agreement. The HSA shall be implemented and administered in accordance with the Income Tax Act and applicable Regulations in effect at the time of implementation and during the course of operation of the HSA.
Health Spending Account. 20.7.1 On January 1 the Board will contribute an annual amount of $800 to a Health Spending Account for eligible full-time continuous employees covered by this agreement. Eligible employees will be continuous employees who are actively at work, on maternity leave, on paid sick leave, on extended disability or on WCB as of the first working day of the applicable calendar year. A continuous employee hired after the first working day in the calendar year, will be eligible for the Health Spending Account on the first calendar day of the month following their date of hire. The contribution on the first calendar day of the month following the date of hire will be as follows for a full time employee: Month of Hire Contribution Amount Contribution Date January $733 February 1st February $667 March 1st March $600 April 1st April $533 May 1st May $467 June 1st June $400 July 1st July $333 August 1st August $267 September 1st September $200 October 1st October $133 November 1st November $67 December 1st December $800 January 1st The Board will contribute an annual amount of $500 to a Health Spending Account for full-time term specific employees covered by this agreement. The contribution will be made on the first calendar day of the month following the date of the commencement of the employee’s term. A term specific employee will not receive additional contributions if their term is extended or the employee commences a second term in the same calendar year.
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Health Spending Account. Provisions of the current Health Spending Account Plan to remain in effect until the implementation of the new Flexible Benefits Plan, anticipated to be May 1, 2016. Upon implementation of the new Flexible Benefits Plan, anticipated to be May 1, 2016, Health Care Spending Account limits are outlined in Article 51 of the Collective Agreement. Employees will be able to apply for reimbursement of eligible health care and dental expenses for themselves and their dependents. Eligible expenses include professional medical services, dental services, prescription drugs, eye glasses, etc. that are considered tax deductible by Canada Revenue Agency but are not covered by any other plan. Employees and their dependents will not be eligible for reimbursement if expenses are recoverable from another source (Extended Health Plan, Dental Plan, Pharmacare, provincial health insurance or any other medical plan). The dollars in the Health Spending Account must be used in the benefit year in which they are allocated. There will be no carryover of Health Spending Account dollars into the next benefit year. Upon submission of a claim, employees will be reimbursed for expenses incurred in the benefit year. If the Health Spending Account balance for the current benefit year has been used up, and an employee has outstanding eligible expenses, these expenses may be carried forward to a maximum of ninety (90) calendar days into the next benefit year for reimbursement. Claims submitted will be paid through the basic plan first. Any unpaid balance from any eligible plan will be held until the insurer receives a Health Spending Account Payment Form authorizing the insurer to reimburse the eligible employee. Claims that are only eligible under the Health Spending Account can be submitted along with receipts on a completed Health Spending Account Claim Form from the insurer. Claims will be paid once per month upon accumulation of fifty dollars ($50) in expenses. Ambulance and Hospital Semi-Private Plan Provisions of the current Ambulance and Hospital Semi-Private Plan to remain in effect until the implementation of the new Flexible Benefits Plan, anticipated to be May 1, 2016. Upon implementation of the new Flexible Benefits Plan, eligibility requirements and details of the Ambulance and Hospital Plan are as outlined in Article 51 of the Collective Agreement.
Health Spending Account. The Employer will provide the Employees with an Annual Health Spending Account of five hundred and twenty five dollars ($525.00) per calendar year. This benefit is cumulative beyond December 31st of the following calendar year and may be applied to expenses related to the Employee and their qualifying dependents. The Annual Health Spending Account is private and confidential, and only subject to review by the administrator of the accounts.
Health Spending Account. Benefit year May 1 to April 30 Plan credits $400 per benefit year Eligible expenses The Income Tax Act specifies a broad range of expenses eligible to be paid from the HSA. Eligible expenses include items such as the deductible under the extended health plan, expenses greater than plan maximums and eligible expenses for you, your spouse, or any dependents for whom you are claiming a tax deduction that year. A complete list of eligible expenses is provided on the Canada Revenue Agency website (xxx.xxx.xx.xx) under Medical Expenses in the individual tax return deductions section. An eligible expense is incurred on the date the services are received or on the date supplies are purchased or rented. Unused plan credits If you do not use all the credits placed in your account in one benefit year, they will be carried forward and can be used to reimburse eligible expenses incurred the following year. The Income Tax Act specifies that any credits remaining in your account after two benefit years be forfeited; Claiming deadlines Expenses must be submitted thirty (30) days after the end of the benefit year (i.e. before May 30 of the benefit year following the benefit year during which you incur eligible expenses), or; 90 days after your HSA coverage ends, whichever is earlier. When coverage ends The last day of the month in which your employment ends or you reach age 70, whichever is earlier.
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