Traditional Plan. Specifications: Network Maximum Benefits Unlimited Deductibles $100/$200 Accumulation Period Calendar Year Co-Insurance Provision 80% 80% by the insurance carrier and 20% by the patient up to a yearly maximum out-of-pocket of $500 per individual or $1,000 for two or more family members. After the out-of-pocket has been met by the employee, 100% of eligible charges will be paid. Out-Patient Psychiatric/Substance Abuse: 80%, UCR up to 15 visits (30 visits if in Network PPO) per person, per year In-Patient Psychiatric: 31 days per person, per year Substance Abuse Preventative: Routine pap test, mammogram, and prostate cancer test once per year shall be a covered expense (unless found by a physician to be necessary more often).
Traditional Plan. In the event of termination of this Agreement for any reason, Resident will be entitled to a refund of a portion of the Entrance Fee. The refund shall be in an amount equal to (a) thirty-three percent (33%) of the Entrance Fee or (b) if the termination occurs prior to the end of the 33-month period beginning on the date of Occupancy, the Entrance Fee reduced by 2% per month for each month (full or partial without proration) from the date of Occupancy.
Traditional Plan. (A) As soon as practicable after the Closing Date and after complete compilation and transmittal by the Transferred Subsidiaries of relevant information to determine the amount to be transferred with respect to the liabilities described in this Section 5.3(b)(iii)(A), Parent shall cause the transfer from the Parent Pension Plan to the Buyer Pension Plan of assets (in accordance with paragraphs (B) and (C) below) and liabilities which are attributable to the Active Employees who are participants as of the Closing Date in the Parent Pension Plan, other than those Active Employees who are participants in the DeVilbiss Cash Balance Plan.
Traditional Plan i. Bargaining unit members selecting a traditional plan will pay 10.5 % of the monthly insurance premium.
Traditional Plan. The District will contribute up to $7,250 per school year toward the annual premium for medical insurance for each full-time, twelve month employee who selects single coverage and is enrolled in the District’s group health and hospitalization plan. Any additional cost of the premium will be borne by the employee and paid by payroll deduction. The District will contribute up to $12,480 per school year toward the annual premium for medical insurance for each full-time, twelve month employee who selects dependent coverage and is enrolled in the District’s group health and hospitalization plan. Part-time employees (employees who work fewer than 40 hours per week on average) are eligible for prorated health insurance premium contributions benefits if they work an average of 30 hours per week or more than 1,000 hours per school year are eligible for insurance benefits.
Traditional Plan. Effective July 1, 2005, the Traditional Plan shall be closed as to all current and future members of this bargaining unit, including unit members retiring after said date. The administrative methodology for effectuating this change shall be determined by the State. Effective immediately, no new hires shall be enrolled in the Traditional Plan.
