Medical Reimbursement Program Clause Samples
The Medical Reimbursement Program clause establishes the terms under which an employer will reimburse employees for certain medical expenses. Typically, this clause outlines the types of medical costs eligible for reimbursement, the process for submitting claims, and any applicable limits or exclusions. Its core function is to provide financial support for employees' healthcare needs, thereby enhancing employee benefits and helping to manage out-of-pocket medical expenses.
Medical Reimbursement Program. In accordance with Internal Revenue Code Sec. 125 requirements, a medical reimbursement program, is available. Unit Members may establish accounts, and tax-free deductions can be taken from monthly salaries to pay for eligible expenses not covered by medical or dental plans. There will be no refund to Unit Members of any amounts remaining in the medical reimbursement account at the end of the plan year.
Medical Reimbursement Program. Company has not received any (i) written requests, (ii) or to the Company's knowledge, received any oral requests, for the summary plan description of the medical reimbursement program, (iii) or any request for further information concerning the medical reimbursement program which would have entitled employees to receipt of a summary plan description. Company has timely reimbursed employees for medical reimbursements in accordance with its normal procedures and policies under the program and no such reimbursements are due or owing under the program to eligible employees.