Major Medical Plan. Plan will pay 100% covered expenses after satisfying an annual deductible of $25/single and $50/family for the employee and each eligible dependent.
Major Medical Plan. The Employer shall establish a Major Medical Plan.
Major Medical Plan. (a) The Company agrees to pay the full cost of the premium and the employee deductible for providing the present Major Medical Plan.
Major Medical Plan. 8.1.2.1 The Corporation shall contribute one hundred percent (100%) of the premium cost of the major medical plan.
Major Medical Plan. The Company will pay one hundred (100%) percent of the premium cost of the existing major Medical Plan (no deductible).
Major Medical Plan. The Employer shall pay 100% of the billed rates of premium for all eligible Employees, for the Major Medical Plan at the date of ratification. Participation in this programme is a condition of employment. Eligible Employees must enrol their eligible family members before benefits are provided. Employees who work less than half time (17.5 hrs per week) are not eligible for 100% of premium paid by the Employer and participation is optional.
Major Medical Plan. The Major Medical Plan is designed to provide insurance to meet the expenses caused by a serious accident and prolonged illness. On behalf of each employee and dependent in each calendar year, the plan pays 85% of all covered expenses after first deducting the amount of $10.00.
Major Medical Plan. A major medical plan which covers much of the costs of medical services not covered under the provincially sponsored E.H.T. program. The major medical plan will have a $0 deductible per individual or family in a calendar year and will reimburses employees 80% of costs incurred for covered expenses.
Major Medical Plan. (a) The Employer shall pay 100% of the billed rates of premium for all eligible Employees, for the Major Medical Plan which is in effect at June 15, 2006.
Major Medical Plan. Employees who elect to retire after January 1, 2019 will cease to be eligible for post-retirement benefits coverage after reaching 65 years of age. Coverage for eligible dependents will also cease upon the employee reaching 65 years of age. If an employee dies prior to reaching age 65, coverage for surviving dependents will be extended until the date of the deceased employee’s 65th birthday. For employees who retire after January 1, 2019, the Company will facilitate access to a retiree benefits marketplace which will be available to employees who retire after January 1, 2019 when they are 65 or older. Participation will be optional. The terms of the plan will govern concerning eligibility, premiums, and available benefits. This becomes a contract between the third party providing the benefits and the retiree. Premium costs will be payable by the participating retiree or surviving spouse if survivor benefits are available. The Company has no obligation nor control on cost or availability of benefits. The Company’s only obligation is to facilitate accessibility for the market place, as long as it exists.
