Continuation of Medical Coverage. Following termination of employment with the Employer, if Participant is entitled to payment of the Normal or Reduced Retirement Benefit under the terms of the Agreement, then Participant, his spouse and dependents will continue to be covered under the Employer's health insurance program ("Health Plan") to the same extent as was present immediately prior to the date of termination of employment. Employer shall continue to pay Health Plan coverage costs of the Participant, his spouse and other dependents under the Health Plan on the same basis as was applicable to active Employer employees covered at the time of termination of employment.
Continuation of Medical Coverage. For six (6) months following the Date of Termination the payment of “COBRA” premiums for Employee and any dependents covered under the Company’s group health plan immediately prior to the Date of Termination; provided, however, that the Company may cease making such payments when Employee (1) secures employment and (2) becomes eligible to participate in the health insurance plan of his or her new employer.
Continuation of Medical Coverage. In the event of layoff, Supplemental Health Care, Prescription Drug and Vision Care Plan coverage continues for the employee and their dependents for up to three months after the end of the month in which layoff occurs or, if earlier, the date the employee becomes covered by another employer’s Supplemental Health Care, Prescription Drug or Vision Care Plan either as an employee or dependent.
Continuation of Medical Coverage. If Employee’s employment by the Company terminates for any reason (including early retirement) other than gross misconduct, Employee shall be entitled to continue to participate in the Company’s self-funded group medical coverage, at Employee’s expense, to the extent provided in the plan and under the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA).
Continuation of Medical Coverage. For employees hired before July 1, 2020, upon retirement from the Woodbridge Public Schools under the provisions of the Connecticut State Teachers’ Retirement System, a teacher/spouse may continue participation in the employee medical coverage plan, and as said plan may be subsequently amended or modified, at the employee’s own expense until age 65. At age 65 and above, coverage for retiree and spouse under Blue Cross 65- 304/Blue Shield 65-82/Blue Cross Major Medical plans, or plans similar thereto, will be provided by the Woodbridge Board of Education. Retirees eligible for said coverage may elect to waive the plans’ coverage and have an amount equal to the waived premium for retiree and spouse applied toward their cost for continued participation in the employee medical coverage-plan. Effective October 1, 2008 and thereafter the Board may substitute the State of Connecticut Teachers' Retirement Board Health and Prescription Drug Benefits Plan, including but not limited to medical, dental, prescription drug, vision and hearing care plans provided by the State of Connecticut Teachers Retirement Board (TRB) in lieu of the Blue Cross 65-304/Blue Shield 65-82/Blue Cross Major Medical plans (Blue Cross plans) described herein above. The Woodbridge Board of Education (Board) agrees to pay the unsubsidized premium cost of all retiree and spouse TRB plan coverages. The Board agrees to make all retirees and their spouses whole for any expenses incurred when the benefits or coverage under the TRB Plans are less than the benefits or coverage under the Blue Cross plans defined above; for example, the Medicare Part B Deductible. Retirees and spouse eligible for said coverage may elect to waive the plans’ coverage and have an amount equal to the waived premium (based on the costs of the Blue Cross plans defined above) for retiree and spouse applied toward their cost for continued participation in the employee medical coverage- plan. It is agreed and understood that the provisions of such coverage shall be determined by the availability of the policies from the identified carriers and that the Board is not undertaking an obligation to furnish coverage to retired staff members or their spouses if such coverage is not available through the identified policy. If the coverage by the identified carrier is no longer available in the future, the Board of Education will re-open negotiations on medical coverage for retirees.
Continuation of Medical Coverage a) The employer agrees in the event of a layoff, that employees so affected will be covered for an extended period of thirty (30) days after which they will be given the right to continue medical and dental coverage through direct payment of one hundred percent (100%) of the cost to the Board for the period of time on the recall list as per 11.03
Continuation of Medical Coverage. Anything in section 4.1(e) to the contrary notwithstanding, the Company shall provide the benefits described in this section 4.2 for the period following the Date of Termination (regardless of whether such Date of Termination occurs during the Senior Advisor Period or after the end of the Senior Advisor Period); provided, that the Company shall not be required to provide the benefits under this section 4.2 after the Executive's Date of Termination if such Date of Termination occurs due to a termination by the Company for Cause. The Company shall continue health insurance benefits ("Health Benefits") for the Executive and, if she survives the Executive, the Executive's wife which are concurrently being provided to senior executives then employed by the Company during that period; provided, that the Executive shall not be required to make contributions toward premiums for such coverage that are required of executives of the Company for such coverage from time to time. Such coverage with respect to the Executive shall continue for the remainder of the Executive's life, and such coverage with respect to the Executive's wife shall continue for the remainder of the life of the Executive's wife. However, during any period after the Executive's Date of Termination during which he is eligible to obtain medical benefit coverage (with respect to the Executive or his wife) from his employer, or other person to whom he provides service, or from Medicare or other similar government sponsored program, he will file such an application, and take such other steps as may be necessary to obtain such coverage (including the payment of premiums), and to the extent permitted by applicable law, coverage obtained in accordance with this sentence shall be primary. For the period beginning on the Date of Termination, to the extent that the value of the Health Benefits provided to the Executive under this section 4.2 are determined to be includible in his income for income tax (and employment tax) purposes, and such benefits would not have been includible in his income for income tax (and employment tax) purposes if he continued in the employ of the Company, the Company will make a Tax Gross-Up Payment (as described below) to the Executive with respect to such coverage. For purposes of this section 4.2, the term "Tax Gross-Up Payment" with respect to any benefit shall mean an amount which shall be equal to the aggregate amount of additional Federal, state and local income and employm...
Continuation of Medical Coverage. In recognition of Executive's prior contributions and service to the Company, and notwithstanding any provision to the contrary in any agreement between the Executive and the Company, the Company shall continue, following the Executive's termination of employment, to keep in full force and effect (or otherwise provide) for the remainder of the Executive's lifetime, all policies of medical insurance with respect to the Executive and his dependents, with the same level of coverage, upon the same terms and otherwise to the same extent as such policies shall have been in effect immediately prior to Executive's date of termination, and the Company and the Executive shall share the costs of the continuation of such insurance coverage in the same proportion as such costs were shared immediately prior to the Executive's date of termination."
Continuation of Medical Coverage. Executive is entitled to receive continuing payments of the premiums required under the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended ("COBRA") for a period of up to twelve (12) months following the termination of employment with the Company, if you and/or your covered dependents elect to continue the group health insurance coverage under the Company’s group health insurance plan.
