Drug Benefit Sample Clauses

Drug Benefit. 100% of charges for drugs, including oral contraceptives, sera and injectibles prescribed by a licensed doctor (MD) or licensed dentist and dispensed by a registered pharmacist, that regardless of their legal status are not normally obtainable except by prescription from a licensed doctor (MD) or licensed dentist. The drug plan is not subject to an annual deductible. Effective October 1, 1996 a generic drug plan will be established. Brand name drugs will be accepted when: (i) No generic substitute is available, or (ii) An allergic reaction to the generic drug is demonstrated.
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Drug Benefit. Eligibility: After twelve (12) months of service with the Employer • Portion payable - 90% with a dispensing fee cap of $6.00 • Benefit maximum age - retirement • Dependent age coverage until 21 years • Student Age coverage until 26 if in school full-time • Maximum benefit per individual - $2,000 per calendar year • Fertility Treatment – lifetime max $2,400 • Smoking Cessation – lifetime max $500 • Drug Card Provided B-1.04 Vision Benefit • Eligibility: After twelve (12) months of service with the Employer • Co-Insurance at 100% • Eye Exams - $75 per calendar year (in Provinces where eye exams are not covered) • Glass Maximum - $300 every 24 months (Employees & Dependents) • Contact Lenses –Included • Laser Surgery Benefit – included • Benefit maximum age - retirement • Dependent age coverage until 21 years • Student Age coverage until 26 if in school full-time
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Drug Benefit. Only drugs that legally require a written prescription and those drugs considered life sustaining will be considered as eligible expenses under the plan (change from formulary 2 to formulary 3). Over-the- counter drugs, that are purchased with a doctor’s prescription are no longer eligible for coverage. The eligible vision care will be $300 every twenty-four (24) months.
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Drug Benefit. Effective January 1, 2010 the following drug benefit amendments for eligible full time employees shall be implemented:
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Drug Benefit. Effective March 22, 2015 90% of charges for drugs, including oral contraceptives, sera and injectable prescribed by a licensed doctor (MD) or licensed dentist and dispensed by a registered pharmacist, that regardless of their legal status are not normally obtainable except by prescription from a licensed doctor (MD) or licensed dentist. Where name brand prescriptions have been used in place of generic drugs, the eligible member shall be compensated up to the cost of the generic drugs. The drug plan is not subject to an annual deductible. Employees will be entitled to reimbursement for non-generic drugs only where no generic drug is available or the employee provides ONTC with medical documentation from the prescribing physician that confirms that the employee is unable to take the generic drug because it would cause an adverse reaction.
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Drug Benefit. Effective June 1, 2016, 90% of charges for drugs, including oral contraceptives, sera and injectibles prescribed by a licensed doctor (MD) or licensed dentist and dispensed by a registered pharmacist, that regardless of their legal status are not normally obtainable except by prescription from a licensed doctor (MD) or licensed dentist. The drug plan is not subject to an annual deductible. Effective October 1, 1996 a generic drug plan will be established. Brand name drugs will be accepted when: (i) No generic substitute is available, or (ii) An allergic reaction to the generic drug is demonstrated. Effective January 01, 2023, the drug plan is subject to an annual prescription drug benefit cap of $10,000.00 per individual insured member. o Should an employee or dependent be subject to a change in the Ontario Trillium prescription drug plan, they will have the option to convert to a lifetime cap of $80,000. Such cap will start at $0 at time of conversation to the lifetime cap o The Company agrees to provide cash advancements upon request when an employee is applying for or is under the Ontario Trillium prescription drug plan o The Company agrees to provide assistance to any employee or their dependent through the application process entering a government drug program
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Drug Benefit. Effective November 1, 2014, the Plan shall include a three tier drug benefit with drug co-pays as follows; Tier One - $0.00 (30 day supply) Tier Two - $15.00 (30 day supply) Tier Three - $30.00 (30 day supply) Tier One Mail Order - $0.00 (90 day supply) Tier Two Mail Order - $30.00 (90 day supply) Tier Three Mail Order - $60.00 (90 day supply)
Sample 1
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Drug Benefit. 100% paid by Employer. Effective first day of the month following signing of the Collective Agreement.
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Drug Benefit. Only drugs that legally require a written prescription and those drugs considered life sustaining will be considered as eligible expenses under the plan (change from formulary to formulary 3). Over- the-counter drugs, that are purchased with a doctor’s prescription are no longer eligible for coverage.
Sample 1

Related to Drug Benefit

  • Public Benefit It is Reaction Retail’s understanding that the commitments it has agreed to herein, and actions to be taken by Reaction Retail under this Settlement Agreement, would confer a significant benefit to the general public, as set forth in Code of Civil Procedure § 1021.5 and Cal. Admin. Code tit. 11, § 3201. As such, it is the intent of Reaction Retail that to the extent any other private party initiates an action alleging a violation of Proposition 65 with respect to Reaction Retail’s failure to provide a warning concerning exposure to DEHP prior to use of the Products it has manufactured, distributed, sold, or offered for sale in California, or will manufacture, distribute, sell, or offer for sale in California, such private party action would not confer a significant benefit on the general public as to those Products addressed in this Settlement Agreement, provided that Reaction Retail is in material compliance with this Settlement Agreement.

  • Fringe Benefit The benefits provided by this Agreement are granted by the Employer as a fringe benefit to the Executive and are not a part of any salary reduction plan or any arrangement deferring a bonus or a salary increase. The Executive has no option to take any current payments or bonus in lieu of the benefits provided by this Agreement.

  • Economic Benefit The Bank shall determine the economic benefit attributable to the Executive based on the life insurance premium factor for the Executive’s age multiplied by the aggregate death benefit payable to the Beneficiary. The “life insurance premium factor” is the minimum factor applicable under guidance published pursuant to Treasury Reg. § 1.61-22(d)(3)(ii) or any subsequent authority.

  • Death Benefit Should Employee die during the term of employment, the Company shall pay to Employee's estate any compensation due through the end of the month in which death occurred.

  • Compensation/Benefit Programs During the Term of Employment, the Executive shall be entitled to participate in all medical, dental, hospitalization, accidental death and dismemberment, disability, travel and life insurance plans, and any and all other plans as are presently and hereinafter offered by the Company to its executive personnel, including savings, pension, profit-sharing and deferred compensation plans, subject to the general eligibility and participation provisions set forth in such plans.

  • Survivor Benefit Upon the death of a regular employee who leaves a spouse and/or dependants enrolled in the Medical Services Plan, Dental Plan and Extended Health Benefit Plan, such enrolment may continue for twelve (12) months following the employee’s death, provided the enrolled family members pay the employee’s share of the cost of the premium for the plans. The Employer shall advise the survivor of this benefit.

  • Retirement Benefit Should the Director still be in the Directorship ------------------ of the Association upon attainment of his 70th birthday, the Association will commence to pay him $590 per month for a continuous period of 120 months. In the event that the Director should die after becoming entitled to receive said monthly installments but before any or all of said installments have been paid, the Association will pay or will continue to pay said installments to such beneficiary or beneficiaries as the Director has directed by filing with the Association a notice in writing. In the event of the death of the last named beneficiary before all the unpaid payments have been made, the balance of any amount which remains unpaid at said death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the estate of the last named beneficiary to die. In the absence of any such beneficiary designation, any amount remaining unpaid at the Director's death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the Director's estate.

  • Disability Benefit If the Executive terminates employment due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement.

  • Accrued Benefit 1.05 1.16 Nonforfeitable ............................................. 1.05 1.17 Plan Year/Limitation Year .................................. 1.05 1.18 Effective Date ............................................. 1.05 1.19 Plan Entry Date ............................................ 1.05 1.20

  • Insurance Benefit The Employer may elect to provide incidental life insurance benefits for insurable Participants who consent to life insurance benefits by signing the appropriate insurance company application form. The Trustee will not purchase any incidental life insurance benefit for any Participant prior to an allocation to the Participant's Account. At an insured Participant's written direction, the Trustee will use all or any portion of the Participant's nondeductible voluntary contributions, if any, to pay insurance premiums covering the Participant's life. This Section 11.01 also authorizes the purchase of life insurance, for the benefit of the Participant, on the life of a family member of the Participant or on any person in whom the Participant has an insurable interest. However, if the policy is on the joint lives of the Participant and another person, the Trustee may not maintain that policy if that other person predeceases the Participant. The Employer will direct the Trustee as to the insurance company and insurance agent through which the Trustee is to purchase the insurance contracts, the amount of the coverage and the applicable dividend plan. Each application for a policy, and the policies themselves, must designate the Trustee as sole owner, with the right reserved to the Trustee to exercise any right or option contained in the policies, subject to the terms and provisions of this Agreement. The Trustee must be the named beneficiary for the Account of the insured Participant. Proceeds of insurance contracts paid to the Participant's Account under this Article XI are subject to the distribution requirements of Article V and of Article VI. The Trustee will not retain any such proceeds for the benefit of the Trust. The Trustee will charge the premiums on any incidental benefit insurance contract covering the life of a Participant against the Account of that Participant. The Trustee will hold all incidental benefit insurance contracts issued under the Plan as assets of the Trust created under the Plan.

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