Common use of Insurance Plan Clause in Contracts

Insurance Plan. The Town will make available the same medical insurance plan and prescription drug plan as it makes for active employees, as if the retiree were still actively employed by the Town. However, when the retiree or the retiree’s eligible spouse, as the case may be, meets the eligibility criteria for Medicare coverage, primary coverage for that individual will be provided by Medicare. At that time, that individual may be required to enroll in a Medicare supplemental policy made available through the Town, unless the retiree elects their own plan.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Civil Service Employees

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Insurance Plan. The Town will make available the same medical insurance plan and prescription drug plan under the same terms and conditions as it makes for active employees, as if the retiree were still actively employed by the Town. However, when When the retiree or the retiree’s eligible spouse, as the case may be, meets the eligibility criteria for Medicare coverage, primary the Town will no longer contribute towards medical insurance and prescription drug coverage for that individual will be provided by Medicare. At that time, that individual may be required to enroll in a who is Medicare supplemental policy made available through the Town, unless the retiree elects their own planeligible.

Appears in 1 contract

Samples: core.ac.uk

Insurance Plan. The Town will make available the same medical insurance plan and prescription drug plan as it makes for active employeesemployees in this bargaining unit, as if the retiree were still actively employed by the Town. However, when the retiree or the retiree’s eligible spouse, as the case may be, meets the eligibility criteria for Medicare coverage, primary coverage for that individual will be provided by Medicare. At that time, that individual may be required to enroll in a Medicare supplemental policy made available through the Town, unless the retiree elects their own plan.

Appears in 1 contract

Samples: digitalcommons.ilr.cornell.edu

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Insurance Plan. The Except as set forth below, the Town will make available the same medical insurance plan and prescription drug plan as it makes for active employees, as if the retiree were still actively employed by the Townemployees who are members of this bargaining unit. However, when When the retiree or the retiree’s eligible spouse, as the case may be, meets the eligibility criteria for Medicare coverage, primary coverage for that individual will be provided by Medicare. At that time, that individual may be required to enroll enrolled in a Medicare supplemental policy made available through the Town, unless . The Town will reimburse the retiree elects their own planfor the Medicare Part B premium, but the Town will NOT reimburse the retiree’s spouse for the Medicare Part B premium.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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