MEDICAL PREMIUM Sample Clauses

MEDICAL PREMIUM. Premiums paid by the Employer (based on core plan) will be based on benefit eligibility (.5 – 1.0 FTE). Eligible employees in assigned FTEs of .5 – 1.0 will receive benefits at no premium cost for the employee portion of the core plan subject to the completion of the employee health assessment (10% credit). The Employer will provide employees with benefit credits to cover fifty percent (50%) of the cost of dependent benefits for the core medical plan and twenty-five percent (25%) for the core dental plan. Employees will be responsible for the portions of dependent medical and dental premiums not paid by the Employer.
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MEDICAL PREMIUM. The Trust will promptly pay Executive the sum of $16,884, which is equal to one year’s additional medical plan premium amount under the Trust’s PPO coverage plan at the 2010 rate, no later than January 31, 2010.
MEDICAL PREMIUM. City will make available to all employees and dependents in classifications assigned to the Unit either the Kaiser Bay Area Plan or an alternative plan(s).
MEDICAL PREMIUM. The Board’s contribution toward the cost of group health insurance coverage, including premiums and other Board payments or contributions relating to such coverage, will be the maximum “hard cap” levels prescribed in the Publicly Funded Health Insurance Contribution Act (Act 152 of 2011, MCL 15.561-569), as the same may be amended from time to time.
MEDICAL PREMIUM. 1. a. The Board shall provide and pay the full premium for all employees and their eligible dependents excluding employees who waived insurance in either the Cigna PPO or POS plans (as dictated by the restrictions listed below in numbers 3 or 4) in effect as of June 30, 2007, and as modified by this agreement also to include mandatory second surgical opinion and pre-admission certification. If the Board changes carrier, the benefits shall be equal to or better than the existing plan. i.e. the June 30th 2007 plan and as modified by this agreement.
MEDICAL PREMIUM. Premiums paid by the Employer (based on core plan) will be based on benefit eligibility (.5 – 1.0 FTE). FTE 0.75 – 1.0: Employees in assigned FTEs of .75 – 1.0 will receive benefits at no premium cost for the employee portion of the core plan (the Health Savings Medical Plan (HSA)) provided employees participate in the Employer’s wellness initiative program. The Employer will pay a minimum of seventy percent (70%) of the premium cost of dependent benefits for the core medical plan provided adult dependents participate in the wellness initiative. The Employer will also contribute a minimum of thirty percent (30%) of the premium cost for the core dental plan. FTE 0.5 – 0.74: Employees in assigned FTEs of .5 - .74 will receive benefits equal to at least seventy percent (70%) of the premium cost received by .75 – 1.00 FTE employees for the core plan. The Employer will cover fifty percent (50%) of the premium cost of dependent benefits for the core medical plan and twenty-five percent (25%) for the core dental plan. Employees will be responsible for the portion of dependent medical and dental; premiums not paid by the Employer.
MEDICAL PREMIUM. Revise to read: Medical, dental and long-term disability insurance shall be available through the Employer for all benefit eligible (.5 – 1.0 FTE) employees beginning the first of the month following three (3) months of continuous employment in an eligible status. Premiums paid by the employer (based on core plan) will be based on benefit eligibility (.5 – 1.0 FTE). Eligible Eemployees in assigned FTEs of .5 – 1.0 will receive benefits at no premium cost for the employee portion of the core plan subject to the completion of the employee health assessment (10% credit). The Employer will provide employees with benefit credits to cover fifty percent (50%) of the cost of dependent benefits for the core medical plan and twenty-five percent (25%) for the core dental plan. Employees will be responsible for the portions of dependent medical and dental premiums not paid by the Employer. The purpose of the online health assessment is to help employees find out what actions to take, maintain or regain personal health. It is not intended to be used to differentiate premiums among employees. The health care assessment information is confidential. The information is retained by a third party administrator and PRMCE does not have access to individual information. If the requirements for completing the health care assessment are improved for other Hospital employees, the same changes shall be offered to all bargaining unit employees within thirty (30) days. (TA 10/29/09)
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MEDICAL PREMIUM. Reimbursement Effective January 1, 2002, the District will provide $20,000 to the Federation of Teachers to provide for reimbursement for medical insurance premiums. This amount, if not used in full, will be carried over to the next calendar year. It will be included as an “increased cost of medical benefits” in the “Adjusted COLA” formula (Appendix E). The $20,000 contribution shall be made annually in future years, unless different terms are negotiated in future negotiations.

Related to MEDICAL PREMIUM

  • Single Premium Credit Life Insurance None of the proceeds of the Mortgage Loan were used to finance single-premium credit life insurance policies;

  • Insurance Costs (08/19) Contractor shall be financially responsible for all premiums, deductibles, self-insured retentions, and self-insurance.

  • REINSURANCE PREMIUM A. As premium for each excess layer of reinsurance coverage provided by this Contract, the Company shall pay the Reinsurer the greater of the following:

  • Medical and Dental Benefits If Executive’s employment is subject to a Termination, then to the extent that Executive or any of Executive’s dependents may be covered under the terms of any medical or dental plans of the Company (or an Affiliate) for active employees immediately prior to the Termination Date, then, provided Executive is eligible for and elects coverage under the health care continuation rules of COBRA, the Company shall provide Executive and those dependents with coverage equivalent to the coverage in effect immediately prior to the Termination. For a period of twelve (12) months (18 months for a Termination during a Covered Period), Executive shall be required to pay the same amount as Executive would pay if Executive continued in employment with the Company during such period and thereafter Executive shall be responsible for the full cost of such continued coverage; provided, however, that such coverage shall be provided only to the extent that it does not result in any additional tax or other penalty being imposed on the Company (or an Affiliate) or violate any nondiscrimination requirements then applicable with respect to the applicable plans. The coverages under this Section 4(e) may be procured directly by the Company (or an Affiliate, if appropriate) apart from, and outside of the terms of the respective plans, provided that Executive and Executive’s dependents comply with all of the terms of the substitute medical or dental plans, and provided, further, that the cost to the Company and its Affiliates shall not exceed the cost for continued COBRA coverage under the Company’s (or an Affiliate’s) plans, as set forth in the immediately preceding sentence. In the event Executive or any of Executive’s dependents is or becomes eligible for coverage under the terms of any other medical and/or dental plan of a subsequent employer with plan benefits that are comparable to Company (or Affiliate) plan benefits, the Company’s and its Affiliates’ obligations under this Section 4(e) shall cease with respect to the eligible Executive and/or dependent. Executive and Executive’s dependents must notify the Company of any subsequent employment and provide information regarding medical and/or dental coverage available.

  • Premium Payment The Bank shall pay any premiums due on the Policy.

  • Medical and Dental Coverage The County and Union agree that this Memorandum of Understanding shall be reopened at the County's request to meet and confer to discuss and mutually agree upon changes related to the Medical and Dental Plans, benefits, and contribution rates.

  • Single-Premium Credit Life Insurance Policy In connection with the origination of any Mortgage Loan, no proceeds from any Mortgage Loan were used to finance a single-premium credit life insurance policy;

  • Premium Payments If an employee with at least three years of service in the employ of the Shaker Heights Board of Education should exhaust his/her sick leave within the time specifications of this contract and is granted a leave of absence by the Board, the Board shall continue to pay his/her premiums in accordance with his/her work assignment for the following fringe benefits for a period not to exceed twelve (12) months. The payment of such premiums will cease on the effective date an employee retires, resigns, goes on disability retirement or his/her contract is terminated.

  • Increase in Insurance Premiums If an increase in any insurance premiums paid by Landlord for the Building is caused by Tenant's use of the Premises or if Tenant vacates the Premises and causes an increase in such premiums, then Tenant shall pay as additional rent the amount of such increase to Landlord.

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