Medical and Life Insurance Sample Clauses

Medical and Life Insurance. Payment of premiums for medical, dental and vision insurance and life insurance by the Company shall continue on and subject to the terms of this Agreement for a period of one (1) year following the Date of Termination, subject to termination under Section 7. To the extent that the payment of any premiums pursuant to this subparagraph (v) is taxable to Executive, any such payment shall be paid to Executive on or before the last day of Executive’s taxable year following the taxable year in which the related expense was incurred. Executive’s right to payment of such premiums is not subject to liquidation or exchange for another benefit and the amount of such benefits that Executive receives in one taxable year shall not affect the amount of such benefits that Executive receives in any other taxable year.
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Medical and Life Insurance. Payment of premiums for medical, dental and vision insurance and life insurance by the Company shall continue on and subject to the terms of this Agreement for a period equal to the longer of (a) a period of two (2) years following the Date of Termination or (b) a period ending n months after the Date of Termination (where n is equal to the sum of three (3) months plus a number of months equal to the number of years elapsed from the Hire Date to the date the Date of Termination), in either case subject to termination under Section 7.
Medical and Life Insurance. During the Term of this Agreement, Employer shall provide, at Employer's cost, a life insurance policy and group health and disability insurance plans for the coverage of the medical expenses of Employee and his immediate family dependents. Such plans shall provide for payment of medical expense benefits in amounts and under terms as are reasonable and customary for plans of businesses such as Employer.
Medical and Life Insurance. District No. 513 will provide medical and life insurance programs for employees and dependents. The College agrees to pay 80 percent of all health benefits and the faculty agrees to pay the remaining 20 percent unless noted differently below. All employees and dependents will be offered a high deductible medical insurance plan (HDHP) through the employer. Employees also have the option of a health savings account (HSA) or a health reimbursement account (HRA) if they meet all Internal Revenue Service (IRS) criteria. The College will deposit into an HSA, for each employee with an HSA, on the first pay date in January of each applicable year, a minimum of $2,500 annually for single coverage and $5,000 for employee plus one or family coverage. The College shall make available to employees with an HRA, on January 1st of each applicable year, a minimum of $2,500 annually for single coverage and $5,000 for employee plus one or family coverage. If an employee begins employment after the start of the spring semester, the HRA/HSA contribution will be prorated for the portion of the calendar year for which he/she is employed. Annual health screenings to develop a health risk appraisal will be available for all faculty and covered spouses/partners. Each employee may choose from the following health screening options: Option A: Participate in the annual health screening • Dependents are not required to participate • Completed during the Fall semester or prior to the date indicated by the health screening provider each year • Free to employees and any spouse/partner covered under the College insurance plan • Will be available on the Xxxxxxx campus for a defined period of time each Fall semester • Covered under the Health Insurance Portability and Accountability Act (HIPAA) Option B: Non-Participation in the annual health screening For new employees, the College shall pay 80 percent of health insurance premiums for all categories of insurance coverage during the period lasting from the date of hire until the next health screening. The College shall pay 80 percent of health insurance premiums for all categories of insurance coverage for those who participate in IVCC’s annual wellness screening (Option A) , or the College shall pay 78 percent of health insurance premiums for all categories of insurance coverage for those who do not participate in IVCC’s annual wellness screening (Option B), or do not receive a total score in the healthy range and fail to demonstrate adequa...
Medical and Life Insurance. 8.1 The Company will, subject to the Executive (and, where relevant, his wife and children under the age of 21) being eligible for cover and/or accepted at standard rates of premium under the general provisions of the applicable plan or policy from time to time in force provide: (i) medical cover for the Executive, (and, where relevant, his wife and children under the age of 21); and (ii) life assurance cover for the Executive.
Medical and Life Insurance. SECTION 14.1 Coverage for full-time employees under the City's Group Health Insurance Plan is made available on the first of the month following thirty (30) days of employment, providing provided the employee completes and returns the application documents within thirty (30) days of employment. Effective at the beginning of the first full pay period after the 2007-2010 Agreement was ratified by both parties, the City began to pay one-hundred percent (100%) of the cost of employee coverage and continued to pay two-thirds (2/3) of the cost of dependent coverage for full-time employees enrolled under the City Group Health Insurance Plan and the employee agrees to a payroll deduction for such coverages unless terminated in writing to the City. Effective the beginning of the first full pay period after January 1, 2012, theThe City will thenshall pay one-hundred percent (100%) of the unblended cost for single/employee coverage only for an HMO and two-thirds (2/3) of the unblended cost of only HMO dependent coverage, but for any employee who selects any plan other than an HMO, the City will contribute only the same dollar amount that it contributes towards the unblended costs of the HMO plans, for the single/employee coverage and dependent coverage for that/those alternative plan(s). The City will not contribute toward the cost of any optional benefits offered to employees. The City may change insurance carriers and/or the scope and level of benefits at its discretion, provided that the City will, absent exigent circumstances, offer a major medical plan and an HMO and bargaining unit members will be covered by the same insurance plan as are the City's non-represented employees. If the scope and the level of benefits is materially reduced, the Union may request post-implementation impact bargaining.
Medical and Life Insurance. The Company shall provide the Executive with group life, long-term disability, extended medical and dental insurance coverage in accordance with the policies and procedures of the Company in effect and, to the extent permissible by law, the Company shall extend medical and dental insurance coverage to the Executive's spouse and child dependents. 3.5
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Medical and Life Insurance. A. The Board will provide a group hospitalization and medical insurance program to all eligible full-time Teachers, with benefits as indicated in the District’s program booklet.
Medical and Life Insurance. During the term of this Agreement and the employment described herein, the Company will make a contribution towards standard medical benefits consistent with existing Company policy. Such contribution to begin with the Effective Date.
Medical and Life Insurance. The period through which the Company -------------------------- shall continue to include Downs under its medical insurance program and to provide life insurance to Downs, each without cost to Downs, shall continue through December 31, 2000.
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