Examples of Health Care Reimbursement Account in a sentence
The Union will allow the Employer to offer a pre-tax cafeteria plan that includes Health Care Expense Account-Premium Option, Health Care Reimbursement Account, and the Dependent Care Reimbursement Account to members of the bargaining unit.
REIMBURSEMENT PLAN ELECTIONS: To establish a Dependent Care (DCRA) and/or Health Care Reimbursement Account (HCRA), enter the amount you want to have deducted EACH month on a pre-tax basis from your pay warrant.
You will be charged a small administrative fee that is deducted from your salary on an after-tax basis.YOUR HEALTH CARE REIMBURSEMENT ACCOUNT (HCRA)The Health Care Reimbursement Account provides reimbursement of eligible health care expenses that you or your eligible family members incur, via a spe- cial tax-free account set up for this purpose.Each month, the dollar amount you preselect is deducted from your salary before federal, state and FICA taxes are withheld.
You may claim reimbursement for expenses paid for your registered domestic partner if your registered domestic partner is a dependent.ELIGIBLE EMPLOYEESYou are eligible to enroll in the Health Care Reimbursement Account if you are in an Executive, Management Personnel Plan (MPP), Confidential, or other nonrepresented position, or are covered by a collective bargaining agreement that provides the benefit.
The Participant shall be responsible for the payment of the employee portion of the medical, dental and Health Care Reimbursement Account contributions that are required during the Severance Period and such contributions shall be made within the time period and in the amounts that other employees are required to pay to the Company for similar coverage.
If you participate in both the Health Care Reimbursement Account and the Dependent Care Reimbursement Account, you cannot use your Dependent Care Reimbursement Account for reimbursement of health care costs, or vice versa.
The County will administer a Health Care Reimbursement Account that will allow eligible employees the opportunity to allocate a specified amount of biweekly pre-tax salary into the employee’s health care reimbursement account to pay for health care expenses as permitted by state and federal law, regulations, and guidelines, and as permitted by the County’s Section 125 Plan document.
In the event that the Union obtains or establishes a total premium cost per employee that is less than the per month Employer contributions described above, the Employer will remit fifty percent (50%) of the net savings to individual employees for the exclusive use as a pre-tax contribution to a Health Care Reimbursement Account, or such other distribution as may be determined by the Union, subject to applicable tax rules.
Below is a partial list of expenses not eligible for reimbursement under the Health Care Reimbursement Account Plan.
All COG employers must offer a Health Care Reimbursement Account and a Dependent Care FSA which will allow pre-tax payroll deductions for certain medical and dependent care expenses.