Contributions for Medical Coverage Sample Clauses

Contributions for Medical Coverage. An employee who enrolls in the MCN Option, MEP PPO Option, or any other option offered by the Company under the FMEP, including any one or more benefits options provided pursuant to any HMO Options described in the FMEP (“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 employee (“Monthly Employee Contribution”). The Monthly Employee Contribution for the MCN Option and the MEP PPO Option is set forth below. With respect to the Monthly Employee Contribution for any Other Medical Option offered by the Company under the FMEP, the Monthly Employee Contribution for the medical coverage category elected by such employee 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 MCN Option and MEP PPO Option. An employee will be eligible for the non-tobacco user contribution rates (set forth below) for medical coverage if such employee 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 employee will also be eligible to receive an annual credit of $100 in 2018, 2019, 2020, and 2021, prorated on a pay-period basis toward the employee’s contribution for healthcare if an employee completes an annual physical exam with applicable biometric measurements by December 31st of the prior year. The Monthly Employee Contributions that appear in the charts below for 2019, 2020, and 2021 will be annualized, will reflect an additional $.04 on an annual basis, and will apply and be prorated on a pay-period basis. Effective January 1, 2019, the Monthly Employee Contribution required by employees will be: 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 $128.33 $78.33 $163.33 $113.33 Employee + Family $198.33 $148.33 $268.33 $218.33 Effective January 1, 2020, the Monthly Employee Contribution requi...
AutoNDA by SimpleDocs
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.
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.)

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 a. 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, 2014, and January 1, 2015, the minimum employee contribution shall be five dollars ($5.00) per month.

  • Dental Coverage 206. 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.

  • Contribution Formula Health Coverage a. Faculty Member Coverage. For faculty member health coverage for the 2018 2022 and 2019 2023 plan years, the Employer contributes an amount equal to ninety-five percent (95%) of the employee- only premium of the Minnesota Advantage Health Plan (Advantage).

  • Pension Contributions While on Short Term Disability Contributions for OMERS Plan Members When an employee/plan member is on short-term sick leave and receiving less than 100% of regular salary, the Board will continue to deduct and remit OMERS contributions based on 100% of the employee/plan member’s regular pay.

  • COMPENSATION COVERAGE (a) When an employee is injured at work and goes on Compensation, he or she shall, when the Compensation Board signifies that the employee may go to work, be returned to the payroll at his or her previous job and rate of pay for a period of one (1) week, to see if he or she is able to do the job he or she held at the time of the injury.

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

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!