Contribution Formula Dental Coverage Sample Clauses

The Contribution Formula - Dental Coverage clause defines how the costs of dental insurance premiums are divided between the employer and employees. Typically, this clause specifies the percentage or fixed amount that each party is responsible for, such as the employer covering 75% of the premium while employees pay the remaining 25%. By clearly outlining the financial responsibilities for dental coverage, this clause ensures transparency and helps prevent disputes over payment obligations.
Contribution Formula Dental Coverage. Faculty Member Coverage. For faculty member dental coverage, the Employer contributes an amount equal to the lesser of ninety percent (90%) of the faculty member premium of the State Dental Plan, or the actual faculty member premium of the dental plan chosen by the faculty member. However, for calendar years beginning January 1, 2018, and January 1, 2019, the minimum employee contribution shall be thirteen dollars and fifty cents ($13.50) per month.
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Contribution Formula Dental Coverage 
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Contribution Formula Dental Coverage 
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Related to Contribution Formula Dental Coverage

  • Contribution Formula - Basic Life Coverage For employee basic life coverage and accidental death and dismemberment coverage, the Employer contributes one-hundred (100) percent of the cost.

  • Health and Dental Coverage A dependent child is an eligible employee’s child to age twenty-six (26).

  • Medical/Dental Expense Account The Employer agrees to allow insurance eligible employees to participate in a medical and dental expense reimbursement program to cover co- payments, deductibles and other medical and dental expenses or expenses for services not covered by health or dental insurance on a pre-tax basis as permitted by law or regulation, up to the maximum amount of salary reduction contributions allowed per calendar year under Section 125 of the Internal Revenue Code or other applicable federal law.