MEDICAL PREMIUM Sample Clauses

MEDICAL PREMIUM. Premiums paid by the Employer (based on core plan) will be based on benefit eligibility (.5 – 1.0 FTE). Eligible employees in assigned FTEs of .5 – 1.0 will receive benefits at no premium cost for the employee portion of the core plan subject to the completion of the employee health assessment (10% credit). The Employer will provide employees with benefit credits to cover fifty percent (50%) of the cost of dependent benefits for the core medical plan and twenty-five percent (25%) for the core dental plan. Employees will be responsible for the portions of dependent medical and dental premiums not paid by the Employer.
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MEDICAL PREMIUM. Reimbursement Effective January 1, 2002, the District will provide $20,000 to the Federation of Teachers to provide for reimbursement for medical insurance premiums. This amount, if not used in full, will be carried over to the next calendar year. It will be included as an “increased cost of medical benefits” in the “Adjusted COLA” formula (Appendix E). The $20,000 contribution shall be made annually in future years, unless different terms are negotiated in future negotiations.
MEDICAL PREMIUM. Premiums paid by the Employer (based on core plan) will be based on benefit eligibility (.5 – 1.0 FTE). FTE 0.75 – 1.0: Employees in assigned FTEs of .75 – 1.0 will receive benefits at no premium cost for the employee portion of the core plan (the Health Savings Medical Plan (HSA)) provided employees participate in the Employer’s wellness initiative program. The Employer will pay a minimum of seventy percent (70%) of the premium cost of dependent benefits for the core medical plan provided adult dependents participate in the wellness initiative. The Employer will also contribute a minimum of thirty percent (30%) of the premium cost for the core dental plan. FTE 0.5 – 0.74: Employees in assigned FTEs of .5 - .74 will receive benefits equal to at least seventy percent (70%) of the premium cost received by .75 – 1.00 FTE employees for the core plan. The Employer will cover fifty percent (50%) of the premium cost of dependent benefits for the core medical plan and twenty-five percent (25%) for the core dental plan. Employees will be responsible for the portion of dependent medical and dental; premiums not paid by the Employer.
MEDICAL PREMIUM. The Board’s contribution toward the cost of group health insurance coverage, including premiums and other Board payments or contributions relating to such coverage, will be the maximum “hard cap” levels prescribed in the Publicly Funded Health Insurance Contribution Act (Act 152 of 2011, MCL 15.561-569), as the same may be amended from time to time.
MEDICAL PREMIUM. The Trust will promptly pay Executive the sum of $16,884, which is equal to one year’s additional medical plan premium amount under the Trust’s PPO coverage plan at the 2010 rate, no later than January 31, 2010.
MEDICAL PREMIUM. City will make available to all employees and dependents in classifications assigned to the Unit either the Kaiser Bay Area Plan or an alternative plan(s).
MEDICAL PREMIUM. 1. a. The Board shall provide and pay the full premium for all employees and their eligible dependents excluding employees who waived insurance in either the Cigna PPO or POS plans (as dictated by the restrictions listed below in numbers 3 or 4) in effect as of June 30, 2007, and as modified by this agreement also to include mandatory second surgical opinion and pre-admission certification. If the Board changes carrier, the benefits shall be equal to or better than the existing plan. i.e. the June 30th 2007 plan and as modified by this agreement.
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MEDICAL PREMIUM. Revise to read: Medical, dental and long-term disability insurance shall be available through the Employer for all benefit eligible (.5 – 1.0 FTE) employees beginning the first of the month following three (3) months of continuous employment in an eligible status. Premiums paid by the employer (based on core plan) will be based on benefit eligibility (.5 – 1.0 FTE). Eligible Eemployees in assigned FTEs of .5 – 1.0 will receive benefits at no premium cost for the employee portion of the core plan subject to the completion of the employee health assessment (10% credit). The Employer will provide employees with benefit credits to cover fifty percent (50%) of the cost of dependent benefits for the core medical plan and twenty-five percent (25%) for the core dental plan. Employees will be responsible for the portions of dependent medical and dental premiums not paid by the Employer. The purpose of the online health assessment is to help employees find out what actions to take, maintain or regain personal health. It is not intended to be used to differentiate premiums among employees. The health care assessment information is confidential. The information is retained by a third party administrator and PRMCE does not have access to individual information. If the requirements for completing the health care assessment are improved for other Hospital employees, the same changes shall be offered to all bargaining unit employees within thirty (30) days. (TA 10/29/09)

Related to MEDICAL PREMIUM

  • Shift Premium Effective July 1, 2020, an employee shall be paid a shift premium of ninety-five cents (95c/ ) per hour for each hour worked between 1500 hours and 0700 hours provided that such hours exceed two (2) hours if worked in conjunction with the day shift.

  • Reimbursement Premium (1) The Company shall, in a timely manner, pay the SBA its Reimbursement Premium for the Contract Year. The Reimbursement Premium for the Contract Year shall be calculated in accordance with Section 215.555, Florida Statutes, with any rules promulgated thereunder, and with Article X(2).

  • Overtime and Premium Pay Section 1. Overtime at the rate of one and one-half (1 1/2) times an employee's regular straight time hourly rate of pay shall be paid for all work over forty (40) hours in one (1) week.

  • Night Shift Premium Any employee who is required to work on any day when the majority of their working hours fall between 10.00 p.m. and 5.00 a.m., or who starts their shift prior to 5.00 a.m., shall be paid a premium, in addition to their regular, hourly rate, of one dollar and twenty-five cents ($1.25) per hour for all hours worked on the shift. Shift premium pay shall not be added to an employee’s hourly rate for the purpose of computing overtime. This clause shall not result in duplication of premiums.

  • Overtime Premium (a) Employees shall be entitled to payment of time and one-half (1-1/2X) the employee's basic straight time hourly rate for all authorized overtime work in excess of seven and one-half (7-1/2) hours in a tour of duty or in excess of the average full-time hours of work over the period scheduled by the Hospital. Such period for this purpose shall not exceed two (2) weeks. It is understood that no overtime will be paid where the time worked was a result of an exchange at shifts between employees. Overtime shall be distributed as equally as practical among those employees normally performing the type of work to be done on overtime. Notice of overtime work shall be given as soon as practically possible. It is understood and acknowledged that the Hospital has the right to require employees to perform reasonably authorized overtime work. Call-back shall not be considered as hours worked for purposes of this Article. Overtime premium will not be duplicated nor pyramided nor shall other premiums be duplicated nor pyramided nor shall the same hours worked be counted as part of the normal work week and also as hours for which the overtime premium is paid. Where an employee is required to work additional overtime contiguous to an overtime shift within a twenty-four (24) hour period, the employee will be compensated at the rate of double time his or her straight time hourly rate for all additional contiguous overtime hours worked.

  • Shift and Weekend Premium (a) Effective July 1, 2019, an employee shall be paid a shift premium of ninety cents (90¢) per hour for each hour worked between the hours of 1500 hours and 0700 hours. Effective July 1, 2020, an employee shall be paid a shift premium of ninety-five cents (95¢) per hour for each hour worked between the hours of hours of 1500 hours and 0700 hours.

  • Safety Shoe Allowance For each unit member required by the City to wear safety shoes, the City shall provide a voucher from the City-designated department for up to one hundred and fifty dollars ($150) annually toward the cost of acquiring one pair of safety shoes through the City vendor.

  • Single Premium Credit Life Insurance None of the proceeds of the Mortgage Loan were used to finance single-premium credit life insurance policies;

  • Night Premium For all time worked by employees, after 7 p.m. and before 7 a.m., by employees hired on or before August 5, 2005, a premium of twenty-five cents (25¢) per hour shall be paid.

  • Weekend Premium Effective July 1, 2020, an employee shall be paid a weekend premium of one dollar and ten cents ($1.10) per hour for each hour worked between 2300 hours Friday and 2300 hours Sunday, or such other forty-eight (48) hour period as the local parties may agree upon or as defined in the Collective Agreement. If an employee is receiving premium pay pursuant to a local scheduling regulation with respect to consecutive weekends worked, the employee will not receive weekend premium under this provision.

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