Insurance and Health Benefits Sample Clauses

Insurance and Health Benefits. Employees who have achieved seniority will have coverage of Insurance and Health Benefits while actively employed, including the remainder of the month of layoff. Employees are responsible to pay costs out-of- pocket until they have received their benefits cards. Alternates may purchase their own benefits as per Appendix C – Articles 1-6 at Company rates. Employees may elect to purchase benefits at any time after they complete probation but if purchased and then dropped (except for layoff and statutory leaves) while still actively employed the employee forfeits their right to purchase in the future.
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Insurance and Health Benefits. 13.01 The Board agrees to contribute the following percentage for each eligible teacher, for contracted insurance premiums: Type of Insurance Percentage paid by Board Single Family Hospitalization, Major Medical as noted below Prescription Drug* as noted below Dental 90 90 Vision Insurance 90 90 Life -- $50,000 100 100 If both spouses are employed full-time by the Board, they shall be eligible for either two (2) single plans or one (1) family plan. Hospitalization and Major Medical insurance and prescription drug insurance coverage will be subject to the “Working Spouse Coverage” terms adopted by the Board’s insurance consortium on July 17, 2013. If an eligible employee’s spouse or dependent is not eligible for health insurance benefits under this Agreement and the employee chooses to receive benefits, the employee must elect a single-coverage health insurance plan. The Board also will offer an optional MVP plan or any other optional plan available through its insurance consortium. The Board provides a high-deductible health (HDHP) plan, and the following terms shall apply:
Sample 1
Insurance and Health Benefits. 1) General Guidelines
Sample 1
Insurance and Health Benefits. A. The Board of Education will provide the following Insurance and Health Benefits for each full-time, i.e. thirty (30) hours or more per week, full year or school year employee: Anthem Blue Cross Plan. The Dental Rider shall be provided for the individual bargaining unit member. The individual may purchase the family dental plan by paying the difference between the individual rate and the family plan rate. The Board shall provide Term Group Life Insurance coverage in the face amount of $25,000 for all employees in the bargaining unit.
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Insurance and Health Benefits 
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Related to Insurance and Health Benefits

  • 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:

  • Retiree Health Benefits 1. There is currently in effect a retiree health benefit program for retired members of LACERS under LAAC Division 4, Chapter 11. All covered employees who are members of LACERS, regardless of retirement tier, shall contribute to LACERS four percent (4%) of their pre-tax compensation earnable toward vested retiree health benefits as provided by this program. The retiree health benefit available under this program is a vested benefit for all covered employees who make this contribution, including employees enrolled in LACERS Tier 3.

  • 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.

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