Group Medical Insurance Plan Sample Clauses

Group Medical Insurance Plan. The Board has an agreement with an insurance company to provide major medical insurance for eligible teachers and their dependents. The school district contributes toward the teacher’s cost of this program on a prorated basis according to the plan elected by the teacher (single, employee/spouse, employee/child(xxx), or family). The following district contribution is based on hours worked weekly; and if the employee and employee spouse participates in a yearly physical examination by October 1st. 20-27 hours=37.5% of the premium 28-40 hours=75% of the premium If an employee and/or employee spouse chooses not to participate in a yearly physical examination by October 1st, the district contribution is based on hours worked weekly and a reduced district contribution: 20-27 hours=27.5% of the premium 28-40 hours=65% of the premium If the employee chooses not to participate by October 1st, the premiums paid will be adjusted back to the higher rate. A health insurance committee comprised of three (3) members, two (2) Board members, one (1) classified staff member, the superintendent, the business manager, and the administrative health benefits secretary (nine (9) total members), will review, research, and recommend a group medical insurance plan to the Board. This insurance program is optional. Teachers not participating will not receive pay in lieu of non-participation in the plan.
Sample 1Sample 2
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Group Medical Insurance Plan. The Board has an agreement with an insurance company to provide major medical insurance for eligible teachers and their dependents. The school district contributes toward the teacher’s cost of this program on a prorated basis according to the plan elected by the teacher (single, employee/spouse, employee/child(ren), or family). The following district contribution is based on hours worked weekly; and if the employee and employee spouse participates in a yearly physical examination, and complete the on-line health assessment by October 1st. 20-27 hours=37.5% of the premium 28-40 hours=75% of the premium If an employee and/or employee spouse chooses not to participate in a yearly physical examination, and complete the on-line health assessment by October 1st, the district contribution is based on hours worked weekly and a reduced district contribution: 20-27 hours=27.5% of the premium 28-40 hours=65% of the premium If the employee chooses not to participate by October 1st, the premiums paid will be adjusted back to the higher rate. A health insurance committee comprised of three (3) members, two (2) Board members, one (1) classified staff member, the superintendent, the business manager, and the administrative health benefits secretary (nine (9) total members), will review, research, and recommend a group medical insurance plan to the Board. This insurance program is optional. Teachers not participating will not receive pay in lieu of non-participation in the plan.
Sample 1

Related to Group Medical Insurance Plan

  • Retiree Medical Insurance Retiree insurance coverage is included within each medical plan for all retirees under the age of 65 years, through self-payment. The Employer shall make available an appropriate medical plan for all eligible retirees ages 65 years or older.

  • Basic Medical Insurance All regular Employees may choose to be covered by the medical plan for which the British Columbia Medical Plan is the licensed carrier. Benefits and premiums shall be in accordance with the existing policy of the plan. The Employer will pay one hundred percent (100%) of the regular premium.

  • Medical Insurance Upon termination of employment, the Executive shall be entitled to all COBRA continuation benefits available under the Company's group health plans to similarly situated employees. To the extent permitted under Code Section 409A, during the applicable Payout Period, the Company shall provide such COBRA continuation benefits to the Executive at the active employee rates similarly situated employees must pay for such benefits. Upon the expiration of such Payout Period, the Executive will be responsible for paying the full COBRA premiums for the remaining COBRA continuation period.

  • Group Insurance Plan The carriers, coverage, and terms and conditions of participation under the District’s Group Insurance Plan are subject to change in accordance with the applicable provisions of Title I, Division 4, Chapter 10 of the California Government Code (Section 3500 et seq.) (Xxxxxx‐Milias‐Brown Act).

  • GROUP INSURANCE PLANS 15.01 The Company agrees to provide all full time employees with one (1) or more years of continuous service, a *Short Term Disability Benefit (S.T.D.) as generally described in Section B of a notice to all employees of the amended Benefit Plan dated May 1, 1993. *Payment for Short Term Disability shall begin on the third (3rd) consecutive day of absence. For those employees who have completed ninety (90) days of perfect attendance from the last date of return to work from an absence due to sickness or accident, shall be paid S.T.D. from the first (1st) day for the first covered absence following the ninety (90) days of perfect attendance.

  • Insurance Plan 19.01 The Employer agrees to contribute the indicated percentage of the premium cost of the following group plans for full-time employees (and their families where applicable) who have completed their probationary period.

  • Insurance Plans The Executive is eligible to participate in the life, health, dental, short and long-term disability plans made available to the employees of the Company pursuant to the terms and conditions of such plans.

  • Dental Insurance Plan 9.9.1 The College will pay one hundred percent (100%) of the premiums for a dental insurance plan, except as per 9.1.4.1.

  • Optical Insurance The Employer shall contribute the full composite premium cost for an optical insurance plan policy premium for each SUCCESS employee deemed eligible (e.g. Vision Service Plan). Participation in the optical insurance benefit is voluntary for each eligible SUCCESS employee. In order to qualify for the Employer’s share of the monthly premium, the SUCCESS employee must qualify under the rules and regulations of the respective carrier and may enroll in one of the following plans:

  • Hospital and Medical Insurance The University shall make available health insurance to the employees covered by this agreement to the same extent and in the same manner as is available to other University employees, such as Faculty and the Executive, Administrative and Professional Staff employees. It is the University's goal to have the same health insurance plans offered uniformly to all University groups and employees.

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