Continued Health Insurance Sample Clauses

Continued Health Insurance. If Executive elects COBRA coverage under the applicable medical and dental plans of the Company, the Company will subsidize a portion of the applicable monthly COBRA premium during the Severance Period, so that Executive will only be required to pay the premiums applicable to continuing employees during that time; provided that such subsidy shall cease on the date on which Executive becomes eligible for medical and dental coverage from a third party.
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Continued Health Insurance. Employee is eligible to elect continued group health coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”). If Employee chooses to continue health insurance coverage, the Company will pay the employer and employee portions of premiums for such continuation coverage for a period of eighteen (18) months following the Effective Date.
Sample 1
Continued Health Insurance. The Company will continue to provide the Executive with group health insurance and continue to pay the amount of the premium as in effect on the date of such termination for the same period of time as the Base Salary is continued pursuant to Section 4(b)(i), commencing on the effective date of such termination, subject to applicable law and the terms of the respective policies. The foregoing will constitute continuation coverage under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”), will be subject to the Executive’s valid election of such continuation benefits under COBRA, will be administered in accordance with the requirements of COBRA and will not be construed to extend any period of continuation coverage required by law; and
Sample 1
Continued Health Insurance. The Company will continue to provide the Executive with group health insurance and continue to pay the amount of the premium as in effect on the date of such termination for a period of eighteen months, commencing on the effective date of such termination, subject to applicable law and the terms of the respective policies. The foregoing will constitute continuation coverage under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”), will be subject to the Executive’s valid election of such continuation benefits under COBRA, will be administered in accordance with the requirements of COBRA and will not be construed to extend any period of continuation coverage (e.g., COBRA) required by law; and
Sample 1
Continued Health Insurance. In addition, if you sign (and do not revoke) the Supplemental Release, and if you elect COBRA, the Company will pay your COBRA premiums to continue your medical, vision and dental coverage for you and your dependents at the Company’s cost for a period of up to thirty-six (36) months following the Termination Date, subject to Section 6.2.3 of the Employment Agreement.
Sample 1
Continued Health Insurance. Your current health benefits will end on the last day of the month in which you receive any Severance Pay. Your contribution to the benefits during the period in which you are receiving Severance Pay will be the same as for active associates with similar coverage. Your contribution for the first six months will be deducted from the initial payment. After the initial payment, your contribution will be deducted from each installment payment. • After you are no longer receiving Severance Pay, you may elect to continue your health benefits in accordance with COBRA at your own expense.
Sample 1
Continued Health Insurance. During the Separation Pay Period, you and any currently enrolled dependents will be provided with continued coverage under the Company's health insurance plans at the same rates and under the same terms and conditions that are applicable to the Company's actively employed executives. Nothing in this Section 2(b) is to be construed to limit the Company's ability to amend, modify, or terminate any or all of the health insurance plans. At any time during the Separation Pay Period that the Company is unable to maintain such coverage for you under any of its plans, you will be provided with no less than forty-five (45) days' prior written notice of your opportunity to elect continuing coverage under the federal law known as "COBRA," or applicable state law. In such event, the Company shall reimburse you fully, including appropriate tax gross-ups, for any COBRA premium payments you elect to make with respect to any portion of the Separation Pay Period.
Sample 1
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Continued Health Insurance. For each contract year completed beginning with the 2010-2011 contract year, the Superintendent shall be entitled to receive one year of single health insurance benefits equal to those provided other certified staff members at the Board’s expense following separation of employment with the District, subject to the condition that the Superintendent meet applicable eligibility requirements for such benefit. Such benefit shall expire and the Board shall have no further obligation to provide such benefit: (1) when the Superintendent reaches the age of eligibility for Medicare coverage or otherwise becomes eligible for Medicare coverage, Medicaid coverage, or other federal or state funded program providing medical and health-related services or funding for such services; (2) in the event the Superintendent leaves the District and takes other employment with an employer that has sponsored group health insurance available, in which event the obligation to provide such benefit shall expire at the time such other insurance becomes available to the Superintendent; (3) in the event this employment contract or any future employment contract between the Superintendent and the Board is nonrenewed, terminated or cancelled except that the board shall be obligated to provide such benefit as has been accrued for each year of employment completed beginning with the 2010-11 contract year, unless the termination or cancellation is for reason of violation of ethical standards established by the Nebraska Department of Education from time to time (presently, NDE Regulation 27), in which event such benefit and any accrued benefit shall be cancelled as of the date of the termination or cancellation. Nothing herein shall be interpreted to abridge the Superintendent’s rights to continue health insurance coverage at the Superintendent’s expense as may be provided by state or federal law.
Sample 1

Related to Continued Health Insurance

  • Health Insurance The Couple agrees that: (check one) ☐ - Each Spouse is responsible for THEIR OWN health insurance. ☐ - Health insurance IS PROVIDED by ☐ Husband ☐ Wife (“Health Insurance Paying Spouse”) to ☐ Husband ☐ Wife (“Health Insurance Receiving Spouse”). Health insurance shall include: (check all that apply) ☐ - Medical ☐ - Dental ☐ - Vision Care ☐ - Other. . To facilitate the use of such coverage for the Health Insurance Receiving Spouse, the Health Insurance Paying Spouse shall cooperate fully and in a timely manner, including, but not limited to, obtaining and providing all necessary insurance cards and claim forms, completing and submitting all necessary documents, and delivering all insurance payments.

  • Health Insurance Benefits To the extent provided by the federal COBRA law or, if applicable, state insurance laws, and by the Company’s current group health insurance policies, Executive will be eligible to continue Executive’s group health insurance benefits at Executive’s own expense. If Executive timely elects continued coverage under COBRA, the Company shall pay Executive’s COBRA premiums, and any applicable Company COBRA premiums, necessary to continue Executive’s then-current coverage for a period of 18 months after the date of Executive’s termination of employment; provided, however, that any such payments will cease if Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such premiums. Executive agrees to immediately notify the Company in writing of any such enrollment. Notwithstanding the foregoing, if the Company determines, in its sole discretion, that it cannot provide the foregoing benefit without potentially incurring financial costs or penalties under applicable law (including, without limitation, Section 2716 of the Public Health Service Act), the Company shall in lieu thereof provide to Executive a taxable monthly amount to continue his group health insurance coverage in effect on the date of separation from service (which amount shall be based on the premium for the first month of COBRA coverage), which payments shall be made regardless of whether Executive elects COBRA continuation coverage and shall commence in the month following the month in which Executive incurs a separation from service and shall end on the earlier of (x) the date on which Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such amounts and (y) 18 months after the date of Executive’s separation from service.

  • Continued Healthcare If Executive elects to receive continued healthcare coverage pursuant to the provisions of COBRA, the Company shall directly pay, or reimburse Executive for, the premium for Executive and Executive’s covered dependents through the earlier of (i) the first anniversary of the date of Executive’s termination of employment and (ii) the date Executive and Executive’s covered dependents, if any, become eligible for healthcare coverage under another employer’s plan(s). Notwithstanding the foregoing, (i) if any plan pursuant to which such benefits are provided is not, or ceases prior to the expiration of the period of continuation coverage to be, exempt from the application of Section 409A of the Code under Treasury Regulation Section 1.409A-1(a)(5), or (ii) the Company is otherwise unable to continue to cover Executive under its group health plans without penalty under applicable law (including without limitation, Section 2716 of the Public Health Service Act), then, in either case, an amount equal to each remaining Company subsidy shall thereafter be paid to Executive in substantially equal monthly installments. After the Company ceases to pay premiums pursuant to this Section 4(c), Executive may, if eligible, elect to continue healthcare coverage at Executive’s expense in accordance the provisions of COBRA.

  • Health Care Benefits (a) Each regular full-time employee may elect coverage for himself and his eligible dependents* under one of the following health insurance plans:

  • Health Benefits The method for determining the Employer bi-weekly contributions to the cost of employee health insurance programs under the Federal Employees Health Benefits Program (FEHBP) will be as follows:

  • Health and Welfare Benefits (Article 17 applies to full-time nurses only)

  • HIPAA To the extent (if any) that DXC discloses “Protected Health Information” or “PHI” as defined in the HIPAA Privacy and Security Rules (45 CFR, Part 160-164) issued pursuant to the Health Insurance Portability and Accountability Act of 1996 (“HIPAA”) to Supplier or Supplier accesses, maintains, uses, or discloses PHI in connection with the performance of Services or functions under this Agreement, Supplier will: (a) not use or further disclose PHI other than as permitted or required by this Agreement or as required by law; (b) use appropriate safeguards to prevent use or disclosure of PHI other than as provided for by this Agreement, including implementing requirements of the HIPAA Security Rule with regard to electronic PHI; (c) report to DXC any use or disclosure of PHI not provided for under this Agreement of which Supplier becomes aware, including breaches of unsecured protected health information as required by 45 CFR §164.410, (d) in accordance with 45 CFR §164.502(e)(1)(ii), ensure that any subcontractors or agents of Supplier that create, receive, maintain, or transmit PHI created, received, maintained or transmitted by Supplier on DXC’s behalf, agree to the same restrictions and conditions that apply to Supplier with respect of such PHI; (e) make available PHI in a Designated Record Set (if any is maintained by Supplier) in accordance with 45 CFR section 164.524;

  • Protected Health Information “Protected Health Information” shall have the same meaning as the term “protected health information” in Section 160.103 and is limited to the information created or received by Contractor from or on behalf of County.

  • Employee Benefit Programs During the Employment Term, the Executive shall be entitled to participate in all employee pension and welfare benefit plans and programs made available to the Company’s senior level executives.

  • Health Care Coverage The Company shall continue to provide Executive with medical, dental, vision and mental health care coverage at or equivalent to the level of coverage that the Executive had at the time of the termination of employment (including coverage for the Executive’s dependents to the extent such dependents were covered immediately prior to such termination of employment) for the remainder of the Term of Employment, provided, however that in the event such coverage may no longer be extended to Executive following termination of Executive’s employment either by the terms of the Company’s health care plans or under then applicable law, the Company shall instead reimburse Executive for the amount equivalent to the Company’s cost of substantially equivalent health care coverage to Executive under ERISA Section 601 and thereafter and Section 4980B of the Internal Revenue Code (i.e., COBRA coverage) for a period not to exceed the lesser of (A) 18 months after the termination of Executive’s employment or (B) the remainder of the Term of Employment, and provided further that (1) any such health care coverage or reimbursement for health care coverage shall cease at such time that Executive becomes eligible for health care coverage through another employer and (2) any such reimbursement shall be made no later than the last day of the calendar year following the end of the calendar year with respect to which such coverage or reimbursement is provided. The Company shall have no further obligations to the Executive as a result of termination of employment described in this Section 8(a) except as set forth in Section 12.

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