High Deductible Health Plan Coverage Option Sample Clauses

High Deductible Health Plan Coverage Option. For the term of this Agreement, eligible full- time bargaining unit employees who elect the HDHP coverage option will be charged the same premium (if any) that is charged to non-bargaining employees of Entergy Arkansas LLC., or a successor Entergy System Company employer. The Company will not provide cash back or benefit credits to active bargaining unit employees who waive coverage under the Medical Plan. For the term of this Agreement, all active bargaining unit employees will be grouped with all active employees employed by an Entergy System Company and all former employees of an Entergy System Company receiving long term disability benefits under the LTD Plan and separately from retirees (following their initial year of retirement) for purposes of determining their premium costs under the Medical Plan. Notwithstanding anything in this Agreement to the contrary, if the Company determines that the value of any Medical Plan coverage option, the Dental Plan, the Vision Plan, Retiree Health Plan coverage option, and/or bargaining unit employee contributions to an HSA or Health Care FSA under the Reimbursement Plan, whether singularly or in the aggregate, will cause Entergy Corporation, the Company, or the Plan Administrator to incur or to be assessed or otherwise be responsible for an excise tax, the Company may, at its discretion and without reopening or amending this Agreement and without negotiating with or requesting consent of the Union, amend or cease to offer such Medical Plan coverage option and/or Retiree Health Plan coverage option, amend the Medical Plan, Vision Plan Dental Plan, and/or Retiree Health Plan and/or limit the amount bargaining unit employees may contribute to an HSA or Health Care FSA, provided any such changes apply to bargaining unit employees on the same basis as they apply to non-bargaining employees of Entergy Arkansas, LLC., or a successor Entergy System Company employer. The Company agrees to consider the Union’s input with respect to the any such excise tax, with the Company retaining sole discretion and decision-making authority to make any of the changes described in the above paragraph. When any change in premiums of the above Medical Plan options is made, the Company shall notify the Union, and all employees by an announcement in a Company publication or by letter.
Sample 1
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Related to High Deductible Health Plan Coverage Option

  • Vision Coverage A fully employee paid vision benefit will be available beginning January 1, 2021 subject to agreement by the subcommittee of the Joint Labor Management Insurance Committee to the benefit set determined through the state’s Request for Proposal (RFP) process.

  • Same Sex Benefit Coverage An employee who co-habits with a person of the same sex, and who promotes such person as a "spouse" (partner), and who has done so for a period of not less than twelve (12) months, will be eligible to have the person covered as a spouse for purposes of Medical, Extended Health, and Dental benefits.

  • ’ Compensation/Employer’s Liability Insurance If Contractor has employees, it shall maintain workers’ compensation insurance as required by law. Employer’s liability limits shall be not less than $1,000,000 for each accident, $1,000,000 as the aggregate disease policy limit, and $1,000,000 as the disease limit for each employee. If Contractor does not have employees, it shall provide a letter, on company letterhead, to the Judicial Council certifying, under penalty of perjury, that it does not have employees. Upon the Judicial Council’s receipt of the letter, Contractor shall not be required to maintain workers’ compensation insurance.

  • Long Term Disability Insurance Plan The Employer shall provide a mutually acceptable long-term disability insurance plan, a copy of which shall appear in Appendix “A” – Long-Term Disability Insurance Plan. The plan shall provide post-probationary regular employees with salary continuation as per Appendix “A” until age sixty-five (65) in the event of a disability. The cost of the plan shall be borne by the Employer.

  • Child Coverage Limited to Coverage Under One Employee If both spouses work for the State or another organization participating in the State’s Group Insurance Program, either spouse, but not both, may cover the eligible dependent children or grandchildren. This restriction also applies to two divorced, legally separated, or unmarried employees who share legal responsibility for their eligible dependent children or grandchildren.

  • COMPENSATION COVERAGE (a) When an employee is injured at work and goes on Compensation, he or she shall, when the Compensation Board signifies that the employee may go to work, be returned to the payroll at his or her previous job and rate of pay for a period of one (1) week, to see if he or she is able to do the job he or she held at the time of the injury.

  • Long Term Disability Insurance 250. The City, at its own cost, shall provide to employees a Long Term Disability (LTD) benefit that provides, after a one hundred and eighty (180) day elimination period, sixty percent salary (60%) (subject to integration) up to age sixty-five (65). Employees who are receiving or who are eligible to receive LTD shall be eligible to participate in the City's Catastrophic Illness Program as set forth in the ordinance governing such program.

  • DISABILITY INSURANCE PLAN Management shall expend for active employees of this unit who are members of LACERS the sum necessary to cover the cost of a basic disability insurance plan. Management shall also maintain a Supplemental Disability Insurance Plan, enrollment in which is at the discretion of each employee. The full cost of the Supplemental Disability Insurance Plan premiums shall be paid by the individual employees who enroll in the plan. The City's Joint Labor-Management Benefits Committee shall determine the benefits and provider of the plan

  • 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.

  • Life Insurance Coverage a. Fifteen Thousand ($15,000) Dollars life insurance policy with AD&D from an insurance carrier selected by the Board, subject to the provisions of this section. Such insurance shall pay double in the case of accidental death or dismemberment.

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