Contributions for Medical Coverage Sample Clauses

Contributions for Medical Coverage. An associate who enrolls in the HCN Option, Health Care PPO Option, or any other option offered by the Company under the VMEP, including any one or more benefits options provided pursuant to any HMO Options described in the VMEP (“Other Medical Option”), will pay a monthly contribution on a before-tax basis towards the cost of coverage for the medical coverage category elected by such associate (“Monthly Employee Contribution”). The Monthly Employee Contribution for the HCN Option and the Health Care PPO Option is set forth below. With respect to the Monthly Employee Contribution for any Other Medical Option offered by the Company under the VMEP, the Monthly Employee Contribution for the medical coverage category elected by such associate under such Other Medical Option may vary by option but will be no greater than the Monthly Employee Contribution for the Other Medical Option category as set forth below, which is 150% of the Monthly Employee Contribution of the HCN Option and Health Care PPO Option. An associate will be eligible for the non-tobacco user contribution rates (set forth below) for medical coverage if such associate and his or her covered dependents do not use tobacco products or satisfy a reasonable alternative standard as determined by the Company (e.g., complete an annual smoking cessation program). An associate will also be eligible to receive an annual credit of $100 in 2016, 2017, 2018 and 2019, prorated on a pay-period basis toward the associate’s contribution for healthcare if an associate completes a health risk assessment provided by the Company. For 2016, in order to receive the credit, an associate will only be required to complete a health risk assessment provided by the Company if he/she did not previously complete one. The 2016 credit will be prorated for the period between the first date that the Monthly Employee Contribution set forth in the chart below for 2016 is in effect and December 31, 2016. The Monthly Employee Contributions that appear in the charts below for 2017, 2018 and 2019 will be annualized, will reflect an additional $.04 on an annual basis, and will apply and be prorated on a pay-period basis. Effective on the first day of the first pay period in 2016 that the Company determines is administratively feasible, the Monthly Employee Contribution required by associates will be: Coverage Category Elected Health Care PPO Option and HCN Option Monthly Employee Contribution (Tobacco User Rate) Health Care PPO Option a...
Sample 1
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Contributions for Medical Coverage. The Monthly Employee Contribution will be as set forth below. The $100 annual credit for completing a health risk assessment will continue to apply in 2020, 2021, 2022 and 2023. The Monthly Employee Contributions that appear in the chart below will be annualized and will reflect an additional $.04 on an annual basis. Coverage Category Elected MEP PPO Option and MCN Option Monthly Employee Contribution (Tobacco User Rate) MEP PPO Option and MCN Option Monthly Employee Contribution (Non-Tobacco User Rate) Other Medical Option Monthly Employee Contribution (Tobacco User Rate) – Up to a maximum of the amounts below Other Medical Option Monthly Employee Contribution (Non-Tobacco User Rate) – Up to a maximum of the amounts below Employee Only 2020: $176.33 2020: $126.33 2020: $235.33 2020: $185.33 2021: $184.33 2021: $134.33 2021: $247.33 2021: $197.33 2022: $192.33 2022:$142.33 2022:$259.33 2022:$209.33 2023: $200.33 2023: $150.33 2023: $271.33 2023: $221.33 Employee + 2020: $294.33 2020: $244.33 2020: $412.33 2020: $362.33 Family 2021: $310.33 2021: $260.33 2021: $436.33 2021: $386.33 2022: $326.33 2022: $276.33 2022: $460.33 2022: $410.33 2023: $342.33 2023: $292.33 2023: $484.33 2023: $434.33 (Amend the following section of the VMEP: Section 3.)
Sample 1
Contributions for Medical Coverage. Effective as of November 1, 2012, each VCS employee will be required to pay a monthly contribution toward the cost of coverage for the medical option coverage category elected by such VCS employee in the same manner and in the same amounts as other Mid-Atlantic associates as set forth in Section VIII.2.B.7 of the IBEW Mid-Atlantic 2012 MOU. For 2012, the monthly employee contributions applicable to the MCHP Option and the Out-of-Area Option will be the same as the monthly employee contributions applicable to the MEP PPO Option and the MCN Option for the remainder of the 2012 Plan Year. Effective as of January 1, 2013, VCS employees will be offered the same medical options as Mid-Atlantic associates and therefore, the monthly employee contributions toward the cost of coverage will be the same as set forth in Section VIII.2.B.7 of the IBEW Mid-Atlantic 2012 MOU. For purposes of the monthly employee contribution amounts, the EPO Option and HMO Options will be considered “Other Medical Options” (as defined in the IBEW Mid-Atlantic 2012 MOU) for purposes of determining a VCS employee’s required monthly employee contribution for such options.
Sample 1

Related to Contributions for Medical Coverage

  • Medical Coverage The Executive shall be entitled to such continuation of health care coverage as is required under, and in accordance with, applicable law or otherwise provided in accordance with the Company’s policies. The Executive shall be notified in writing of the Executive’s rights to continue such coverage after the termination of the Executive’s employment pursuant to this Section 3(d)(iv), provided that the Executive timely complies with the conditions to continue such coverage. The Executive understands and acknowledges that the Executive is responsible to make all payments required for any such continued health care coverage that the Executive may choose to receive.

  • Contribution Formula Dental Coverage Faculty Member Coverage. For faculty member dental coverage, the Employer contributes an amount equal to the lesser of ninety percent (90%) of the faculty member premium of the State Dental Plan, or the actual faculty member premium of the dental plan chosen by the faculty member. However, for calendar years beginning January 1, 2006, and January 1, 2007, the minimum employee contribution shall be five dollars ($5.00) per month.

  • Dental Coverage Each employee covered by this agreement shall be eligible to participate in the City's dental program.

  • Contribution Formula - Basic Life Coverage For employee basic life coverage and accidental death and dismemberment coverage, the Employer contributes one-hundred (100) percent of the cost.

  • COMPENSATION COVERAGE a) The Employer shall provide coverage to all employees for injury on the job under the Workers’ Compensation Act of the Province of Alberta, or under an Insured Plan which provides coverage of compensation equal thereto.

  • Health and Dental Coverage A dependent child is an eligible employee’s child to age twenty-six (26).

  • Compensation and Employers Liability Insurance a. Statutory California Workers' Compensation coverage including broad form all-states coverage. b. Employer's Liability coverage for not less than one million dollars ($1,000,000) per occurrence.

  • 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.

  • Benefit Coverage The Company agrees to provide pension and welfare benefits as described in the Company Booklets, benefit plan documents or policies of insurance for the duration of the Agreement.

  • Third Party Administrators for Defined Contribution Plans 2.1 The Fund may decide to make available to certain of its customers, a qualified plan program (the “Program”) pursuant to which the customers (“Employers”) may adopt certain plans of deferred compensation (“Plan or Plans”) for the benefit of the individual Plan participant (the “Plan Participant”), such Plan(s) being qualified under Section 401(a) of the Code and administered by TPAs which may be plan administrators as defined in the Employee Retirement Income Security Act of 1974, as amended. 2.2 In accordance with the procedures established in Schedule 2.1 entitled “Third Party Administrator Procedures,” as may be amended by the Transfer Agent and the Fund from time to time (“Schedule 2.1”), the Transfer Agent shall: (a) Treat Shareholder accounts established by the Plans in the name of the Trustees, Plans or TPAs, as the case may be, as omnibus accounts; (b) Maintain omnibus accounts on its records in the name of the TPA or its designee as the Trustee for the benefit of the Plan; and (c) Perform all Services under Section 1 as transfer agent of the Funds and not as a record-keeper for the Plans. 2.3 Transactions identified under Sections 1 and 2 of this Agreement shall be deemed exception services (“Exception Services”) when such transactions: (a) Require the Transfer Agent to use methods and procedures other than those usually employed by the Transfer Agent to perform transfer agency and recordkeeping services; (b) Involve the provision of information to the Transfer Agent after the commencement of the nightly processing cycle of the TA2000 System; or (c) Require more manual intervention by the Transfer Agent, either in the entry of data or in the modification or amendment of reports generated by the TA2000 System, than is normally required.

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