Employee Insurance Benefits. An employee will be eligible under this Article 14 to purchase insurance benefits, which will comprehensively include medical/health, dental, life, short term disability and vision insurance benefits (hereinafter referred to as insurance benefits).
Employee Insurance Benefits. 24.1 The City agrees to provide medical, hospitalization, dental, and optical insurance programs for employees covered by this Agreement and their eligible dependents. In the event that the City should desire to change to different insurance plans or insurance carriers for any of the provided insurance programs, the City and the Union shall jointly meet and review the coverage proposed by the new carrier(s).
Employee Insurance Benefits. A. Upon acceptance of written application by the insurance carriers, employees shall become eligible for insurance benefit programs beginning the first day of the month following employment. The employee must be actively at work on the day that the coverage becomes effective. Board contributions for coverage shall cease the end of the month following termination or retirement. Changes in family status shall be promptly reported by the employee to the Employee Benefits Office within 30 days of such change. The employee shall be responsible for any overpayment of premiums made by the Board in his/her behalf for failure to comply with this paragraph.
Employee Insurance Benefits. 2 The District shall provide negotiated insurance benefits as specified within the 3 master contract(s) between the District and the respective insurance providers the 4 District selects. A brief summary of those benefits is included in brochures provided 5 by the insurance providers. Those summaries provided by the insurance providers 6 are based upon the terms and conditions of the master insurance policy contract(s) 7 maintained in the Human Resources Division of the Education Center.
Employee Insurance Benefits. Section 1. Bargaining unit employees shall participate in the same manner for individual/family health, prescription drug, and dental insurance coverage as offered to all other City employees.
Employee Insurance Benefits. A. Commencing July 1, 2016, and continuing through June 30, 2018, the District shall pay the maximum amount towards the annual hard cap cost of medical insurance for each eligible employee within the Capitol City Labor Program Inc. as is permitted by 2011 PA 152. The maximum amounts will be applied as of the effective date of the renewal of the premium rates (currently November 1). Employees electing medical insurance shall pay the difference, if any, pursuant to the District's Internal Revenue Code section 125 plan.
Employee Insurance Benefits. Section 22.01. The current package of benefits (in which the cost is shared by the employee and the Company in some cases) shall include: • Flexible Spending Account • Basic Life Insurance and Basic Accidental Death & Dismemberment (AD&D) Insurance • Employee Supplemental Life Insurance andSupplemental AD&D Insurance • Dependent Life Insurance • LongTerm Disability Insurance • Short Term Disability Insurance • Medical/Dental/Vision Insurance • Retirement Benefit Plan as outlined in Section 4 • Business Travel Accident Insurance • Employee Assistance Program • Sick Leave in accordance with Section 3 • Other paid leaves as outlined in Section 5 The benefits levels available are described in the respective plan documents and annual enrollment materials. As these plans are provided by outside vendors and/or are Companywide plans, the Company may find it necessary or desirable to amend, revise, or replace some or all of the plans during the life of this Agreement. The Company may elect to amend the standard companywide plans each year and such amendments will apply to employees covered by this Agreement.
Employee Insurance Benefits. The Board will provide employee insurance benefits as prescribed below. In order to educate staff regarding the District Insurance Plan, the Administration will annually dedicate a portion of a staff meeting (building OR district-wide) to discuss the insurance and wellness programs.
Employee Insurance Benefits. Section A. Medical, Dental, and Vision Insurance: The City will continue to make available medical, dental and vision insurance programs to eligible employees and their eligible dependents, if any. As of January 1, 2022, coverage will be under Regence BlueCross BlueShield Plan Copay Plan H with the Alternative Care Rider for medical, Delta Dental, or a dental plan substantially equal to or better, and a VEBA. Each VEBA account will be funded each year, in alignment with the deductible, with the total amount shown below, prorated for employees who are not employed the full year: Single: $1,500 Employee and child: $3,000 Employee and spouse: $3,000 Employee and children: $4,500 Family: $4,500 The accounts will be funded 1/12 of the total amount shown above each month. An employee must be covered under the City’s health insurance to be eligible for a VEBA. New employees: An eligible employee must have completed and returned all enrollment forms for both the health insurance and the VEBA account before the City will fund the account. The City will fund the new employee’s account no later than one month following the date the employee completes and returns the enrollment forms. Qualifying life events: The amount which the City contributes to each employee’s VEBA is tied to the employee’s health insurance tier (single, family, etc.). Health insurance tiers can change during a health insurance year if the employee experiences a qualifying life event. If a qualifying employee experiences a qualifying life event during a health insurance year, the monthly funding of the employee’s VEBA account will be increased or decreased to reflect the amount which attaches to the new health insurance tier, starting the first full month following the qualifying life event, provided the employee has informed the finance department by the first day of the first full month following the qualifying life event. It is the employee’s responsibility to inform the finance department of any qualifying life events. The City may recover overpayments if an employee fails to inform the City of the life event or if the City credits money to an account erroneously. All insurance programs will be substantially equal to or better than the program in effect as of July 1, 2021.
Employee Insurance Benefits. A. Effective as of July 1, 2012, the Board's monthly contributions towards the cost of medical insurance shall be limited to the following amounts: $458.33 Single; $916.66 Two person; $1,250 Family. The annual amount of the Board's contribution towards medical insurance shall not exceed $5,500 Single; $11,000 Two Person; $15,000 Family. The initial medical benefit plan coverage year shall begin July 1, 2012, and end June 30, 2013.
