Medical Insurance. Each employee covered by this Agreement desiring to be covered hereunder may contribute, on a pre-tax basis, monies into an Internal Revenue Code Section 125 plan established for the purpose of enabling employees to pay for IRS qualified health care costs which are the responsibility of the employee. This plan is known as a Flexible Benefit Plan. Each employee covered hereunder desiring to be covered by the City’s medical insurance plan may contribute, on a pre-tax basis, monies into the Internal Revenue Code Section 125 plan. Those monies can be used by the employee to pay on a pre-tax basis medical insurance premium contributions that the employee is required to make under the terms of this Agreement. The City shall contribute toward medical premiums an amount equal to the actual cost of the medical insurance premium for the medical plan that an eligible employee is enrolled in, less any required employee contributions set forth below. Each active employee covered hereunder can use this City contribution to cover a portion of the cost of medical insurance for the employee and his/her eligible dependents under one of the City-provided medical insurance plans. Pursuant to the terms of the City’s Internal Revenue Code Section 125 plan, any eligible employee electing not to receive medical coverage pursuant to the options available under the City-provided medical insurance program shall be entitled to a lump sum monthly cash payment in the amount of $150.00, which shall be reported as taxable income. Active employees covered hereunder who are eligible to participate in the City-provided medical insurance program will contribute the following monthly flat dollar amount towards the premium of their selected medical insurance plan through a payroll deduction as a contribution from the Internal Revenue Code Section 125 plan. AETNA HMO January 1, 2014 Employee $31.55 Employee +1 $63.10 Family $82.03 AETNA PPO January 1, 2014 Employee $43.45 Employee +1 $86.91 Family $112.98 KAISER January 1, 2014 Employee $27.05 Employee +1 $53.70 Family $74.05 Effective January 1, 2015, the City’s contribution shall equal ninety-four percent (94%) of the actual medical insurance premium for the coverage selected by the employee as of January 1, 2015, not to exceed the premium for the selected level of coverage (e.g. employee only, employee plus one dependent or family) under the City-provided Plan selected by the employee, plus ninety-four percent (94%) of any future premium inc...
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.
Medical Insurance. A medical plan will be offered which requires the employee to satisfy the lowest calendar year deductible amount offered by the insurer and a co- insurance amount with an out-of-pocket stop loss limit amount after which all other eligible medical claims will be covered for the remainder of the calendar year. The Employer will contribute a fixed dollar amount equivalent to eighty-five percent (85%) of the aggregate costs of the individual medical plan for the term of this Agreement, with the employee responsible for the remaining amount of the cost of coverage. For those employees who opt for coverage under a family medical plan, the Employer will contribute toward either family plan, employee/children or employee/spouse a fixed dollar amount equivalent to seventy-five percent (75%) of the aggregate costs of the family medical plan for the term of this Agreement, with the employee responsible for the remaining amount of the cost of coverage. When both members of a married couple are employed and request family coverage, each individual will be required to contribute an amount equal to the contribution an employee makes toward single coverage.
Medical Insurance. The University shall make available medical insurance to the employees covered by this agreement to the same extent and in the same manner and at the same costs 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 medical insurance plans offered uniformly to all University groups and employees. The University retains the right to make changes to the medical insurance plans it offers provided that the changes are the same for each employee group. The University will notify the Union of and discuss with the Union changes prior to making the change. The employer shall make available vision 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 Executive, Administrative and Professional staff employees. It is the University’s goal to have the same vision insurance plan(s) offered uniformly to all university employee groups and employees.
Medical Insurance. If Employee’s employment is terminated by Employer without Cause or due to Employee’s resignation for Good Reason, Employer will provide or pay the cost of continuing the medical coverage provided by Employer to Employee and his dependents during his employment at the same or a comparable coverage level, for a period beginning on the date of termination and ending on the earlier of (i) the date that is twelve (12) months following such termination and (ii) the date that Employee is covered under a medical benefits plan of a subsequent employer. Employee agrees to make a timely COBRA election, to the extent requested by Employer, to facilitate Employer’s provision of continuation coverage. Except as permitted by Section 409A (as defined below), the continued benefits provided to Employee pursuant to this Section 1.5(c) during any calendar year will not affect the continued benefits to be provided to Employee pursuant to this Section 1.5(c) in any other calendar year.
Medical Insurance. During the term of Employee's employment hereunder, the Company and Tango shall, at their expense, provide or arrange for and keep in effect, hospitalization, major medical and similar medical and health insurance for Employee and his family, as is provided from time to time for other senior executives of the Company and Tango.
Medical Insurance. The City currently contracts with the California Public Employees' Retirement System (CalPERS) for the purpose of providing medical insurance benefits for active employees and their eligible dependents, eligible retired employees, and eligible survivors of retired employees. Eligibility of a dependent to participate in this program shall be in accordance with the terms of the Public Employees’ Medical and Hospital Care Act (PEMHCA). Eligibility of retired employees and survivors of retired employees to participate in this program shall be in accordance with those provisions of PEMHCA providing for participation by annuitants. The City’s employer contribution towards medical insurance benefits for each eligible employee shall be the minimum contribution amount required by Government Code Section 22892. Contributions provided under this Section are required only to the extent mandated by PEMHCA. Because CalPERS may change carriers and plans, the City shall not be required to provide a specific insurance coverage and shall only be required to provide those benefits as described in this Section so long as the City contracts for benefits with CalPERS for medical insurance benefits. The City will provide each eligible annuitant, as defined by PEMHCA, with an employer contribution provided to an active employee under this Section.
Medical Insurance. Employee and his dependents shall be entitled ----------------- to participate in such medical, dental, vision, prescription drug, wellness, or other health care or medical coverage plans as may be established, offered or adopted from time to time by NOVA for the benefit of its employees and/or executive officers, pursuant to the terms set forth in such plans.