Benefits for Employees and Dependants. (i) Prescription Drug Plan The Company pays $67.53 per month for single coverage and $173.10 per month for family coverage per employee for prescription drug premiums. Any increases in the single and family premiums will be shared equally by the Company and the employees. Effective May 3, 2007, there shall be an eight dollar and fifty cents ($8.50) cap on dispensing fees to be paid by the Company. The employee will pay the excess amounts above the dispensing fee cap. In addition, upon ratification ninety (90%) percent of the ingredient cost will be paid by the Company. The employee will be responsible for the remaining ten percent (10%). The drug plan only provides for generic drugs, unless otherwise specified by the doctor.
Benefits for Employees and Dependants. Prescription Drug Plan The Company pays per month for single coverage and per month for family coverage per employee for prescription drug premiums. Any increases in the single and family premiums will be shared equally by the Company and the employees. Effective during the first year of the collective agreement, there shall be a seven dollar ($7.00) cap on dispensing fees to be paid by the Company. Dispensing fees in excess of the seven dollar ($7.00) cap, is to be paid entirely by the employee. Effective the second year of the collective agreement, the seven dollar ($7.00) cap increases to seven dollars and fifty cents ($7.50). Effective the third year of the collective agreement, the seven dollars and fifty cents ($7.50) cap increases to eight dollars ($8.00). Effective the fourth year of the collective agreement, the eight dollars ($8.00) cap increases to eight dollars and fifty cents ($8.50). The employee will pay the excess amounts above the second and third year dispensing fee caps. The drug plan only provides for generic drugs, unless otherwise specified by the doctor. Prescription Eye glasses The Plan pays up to one hundred dollars ($100.00) every twenty-four (24) months for each family member. Dental Plan The Company will pay fifty percent (50%) of the premium cost of the Canada Life Plan, or a similar plan, for all employees and their dependants commencing on the first day after completion of six (6) months' employment. The coverage shall be based on the current Schedule of Fees and updated annually. The Company will pay fifty percent (50%) of the premium cost of the Canada Life Rider Number Dental Plan, or similar plan, for all employees and their dependants commencing on the first day after completion of six (6) months' employment. Reimbursement for Rider Number is one hundred percent (100%) of Insured Charges with an unlimited maximum. The Company will pay fifty percent (50%) of the premium cost of the Canada Life Dental Plan Rider Number or a similar plan, for all employees and their dependants commencing on the first (1st) day after completion of six (6) months' employment. Reimbursement under Rider Number is eighty percent (80%) of Insured Charges with a total maximum payout for the total number of members in each family (not each member of the family) of One Thousand Five Hundred Dollars ($1,500.00) per benefit year. Once an employee and/or dependants have accumulated the total maximum payout for the family of One Thousand Five Hundred Do...
Benefits for Employees and Dependants. (i) Prescription Drug Plan - Prescription cost paid in full. Employee pays only thirty-five cents (35 cents).
Benefits for Employees and Dependants. (i) Prescription Drug Plan The Company pays $67.53 per month for single coverage and $173.10 per month for family coverage per employee for prescription drug premiums. Any increases in the single and family premiums will be shared equally by the Company and the employees. Effective during the first year of the collective agreement, there shall be a seven dollar ($7.00) cap on dispensing fees to be paid by the Company. Dispensing fees in excess of the seven dollar ($7.00) cap, is to be paid entirely by the employee. Effective the second year of the collective agreement, the seven dollar ($7.00) cap increases to seven dollars and fifty cents ($7.50). Effective the third year of the collective agreement, the seven dollars and fifty cents ($7.50) cap increases to eight dollars ($8.00). Effective the fourth year of the collective agreement, the eight dollars ($8.00) cap increases to eight dollars and fifty cents ($8.50). The employee will pay the excess amounts above the second and third year dispensing fee caps. The drug plan only provides for generic drugs, unless otherwise specified by the doctor.
Benefits for Employees and Dependants. Prescription Drug Plan Prescription cost paid in full. Employee pays only thirty-five cents (35 cents). Prescription Eye glasses The Plan pays up to one hundred dollars ($100.00) every twenty-four (24) months for each family member. Dental Plan The Company will pay fifty percent (50%) of the premium cost of the Canada Life Plan, or a similar plan, for all employees and their dependants commencing on the first day after completion of six (6) months' employment. The coverage shall be based on the current Schedule of Fees and updated annually. The Company will pay fifty percent (50%) of the premium cost of the Canada Life Rider Number Dental Plan, or similar plan, for all employees and their dependants commencing on the first day after completion of six
