Annuity in Lieu of Health Insurance Sample Clauses

Annuity in Lieu of Health Insurance. During the term of this Agreement, for full-time and regular part-time employees who would be eligible for hospitalization insurance and are able to demonstrate they have health insurance through another source, the Employer agrees to provide an annuity in lieu of health insurance in an amount of three hundred sixty-two dollars ($362.00) per month. New employees shall not be eligible for the annuity in lieu of health insurance program until they have been employed by Antrim County for sixty (60) days.
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Annuity in Lieu of Health Insurance. During the term of this Agreement, for full-time and regular part-time employees who would be eligible for hospitalization insurance and are able to demonstrate they have health insurance through another source, the Employer agrees to provide an annuity in lieu of health insurance. The annuity in lieu of health insurance will be linked to the cap for a single subscriber in the General Unit. The annuity in lieu of health insurance shall be two-thirds (2/3) the rate of the cap for a single subscriber in the General Unit. In addition, subject to carrier’s rules, employees will also have the option to increase the amount toward the annuity as follows: • An additional thirty dollars ($30.00) per month if an employee elects to drop both the dental and drug riders. • An additional twenty dollars ($20.00) per month if an employee elects to drop the drug rider, but maintains the dental rider. • An additional ten dollars ($10.00) per month if an employee elects to drop the dental rider, but maintains the drug rider.
Sample 1
Annuity in Lieu of Health Insurance. During the term of this Agreement, for full-time and regular part-time employees who are eligible for hospitalization insurance, the Employer agrees to provide an annuity in lieu of health insurance. The annuity in lieu of health insurance will be linked to the cap for a single subscriber in the General Unit. The annuity in lieu of health insurance shall be two-thirds (2/3) the rate of the cap for a single subscriber in the General Unit. New employees shall not be eligible for the annuity in lieu of health insurance program until they have been employed by Antrim County for sixty (60) days.
Sample 1Sample 2
Annuity in Lieu of Health Insurance. During the term of this Agreement, for full-time and regular part-time employees who are eligible for hospitalization insurance, the Employer agrees to provide an annuity in the amount of twelve hundred dollars (SI ,200.) annually at the rate of one hundred dollars (SI 00.) per month for employees who elect not to be covered by the Employer's hospitalization insuranCe program. In addition, subject to carrier's rules, employees will also have the option to increase the amount toward the annuity as follows:
Sample 1

Related to Annuity in Lieu of Health Insurance

  • Retiree Health Insurance Retired members of the Department receiving, or to receive City of Lincoln monthly pension checks, may participate in the group comprehensive health care plan for active City employees, provided that each retiree so desiring will execute the required forms in a timely fashion, and further provided that each retiree will be required to pay the full monthly cost at the current rates subject to any rate increases which may occur from time to time. Such payment will be made by payroll deduction from pension checks, or by direct payment in the case of an early retiree.

  • Health Insurance The Couple agrees that: (check one) ☐ - Each Spouse is responsible for THEIR OWN health insurance. ☐ - Health insurance IS PROVIDED by ☐ Husband ☐ Wife (“Health Insurance Paying Spouse”) to ☐ Husband ☐ Wife (“Health Insurance Receiving Spouse”). Health insurance shall include: (check all that apply) ☐ - Medical ☐ - Dental ☐ - Vision Care ☐ - Other. . To facilitate the use of such coverage for the Health Insurance Receiving Spouse, the Health Insurance Paying Spouse shall cooperate fully and in a timely manner, including, but not limited to, obtaining and providing all necessary insurance cards and claim forms, completing and submitting all necessary documents, and delivering all insurance payments.

  • Ontario Health Insurance Plan The parties recognize that the method of funding OHIP has been changed from an individually paid premium to a system funded by an employer paid payroll tax. If the government, at any time in the future, reverts to an individually paid premium for health insurance, the parties agree that the Colleges will resume paying 100% of the billed premium for employees.

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