Employee Health Insurance Sample Clauses

Employee Health Insurance. Subject to reasonable availability, Manager shall, at no cost to Manager, be responsible for arranging health insurance coverage for employees of the Project. Subject to the prior agreement of Owner and Manager and subject to reimbursement of Manager of all applicable costs and expenses (including, but not limited to, those associated with compliance with the Consolidated Omnibus Budget Reconciliation Act of 1985 and an exit premium in connection with the termination of such coverage), Manager may permit the enrollment of some or all of such employees under health insurance plans maintained by Manager.
AutoNDA by SimpleDocs
Employee Health Insurance. Effective January 1, 2014, employees have been enrolled in the Laborers Northern California Trust Special Plan. Effective 07/01/2016: The District will pay the higher of $1055.45 per month or 95% of the then-current premiums for all eligible employees and their dependents.
Employee Health Insurance. 11.1 The Board shall provide employees with the option of enrolling in District health insurance at the employees’ expense. Employees who do participate in the District sponsored health insurance plan will be automatically enrolled in the District’s Section 125 Cafeteria Plan so that premiums can be withheld on a pre- tax basis.
Employee Health Insurance. A. An employer who reduces the wages paid to an employee based on the employer's share of the health insurance premium, as provided in §18-103(c), State Finance and Procurement Article, Annotated Code of Maryland, may not lower an employee's wage rate below the minimum wage as set in Labor and Employment Article, §3-413, Annotated Code of Maryland.
Employee Health Insurance. 25.1 General Health Plan Provisions.
Employee Health Insurance. Company purchases employee health insurance for both itself and related parties and is entitled to compensation for Company's cost of this insurance. Because the premium is allocated among several companies, Company's compensation shall be calculated by dividing the premium by the total number of employees covered and multiplying the quotient by the number of Company employees. If Company provides ongoing administration of the health insurance program for itself and related parties, the full cost of such administration shall be distributed among the parties and the Company on the basis of the number of employees covered. To determine the amount of compensation due the Company, Company shall submit to District (or District's designated representative) a copy of the insurance broker's invoice, the corresponding canceled check and the calculations described above, including corresponding documentation supporting the values used (e.g., total employees covered).
Employee Health Insurance. It is the intent of Management to cover government regulated Health Insurance in whatever manner it may be billed in the future (i.e. Whatever system may replace the current flat payroll tax.). The Employee Health Tax/Premium will be calculated and reimbursed to employees as follows: “Rate of pay x 40 hours x 52 weeks = gross earnings minus Single Deduction of $9,600 = taxable earnings. Compare this amount to the Government tax chart for the premium amount. That amount is returned to the employee on weekly pay.” LETTER OF UNDERSTANDING
Employee Health Insurance. For employees electing employee-only coverage under the 750 PPO, the district will offer a Health Reimbursement Account (HRA) that shall reimburse participants amounts applied to their deductible beyond the first $350 up to the next $300 of deductible. For employees electing family coverage, the district will reimburse participants amounts applied to their deductible beyond the first $700 up to the next $600 of deductible. For the 2018-2019 school year, teachers electing the 750 PPO shall have the Board pay 100% of the teachers’ single tier premium. For the 2019-2020 school year, teachers electing the 750 PPO, shall have the Board pay 97.5% of the teachers’ single tier premium. For the 2020-2021 school year, teachers electing the 750 PPO, shall have the Board pay 95% of the teachers’ single tier premium. The district shall continue to pay 100% of single health insurance premium costs under the other group medical plan offerings. The 1500 HDHP shall have a Health Savings Account (HSA) option in which the Board shall contribute the following amounts to the HSA in the first two years for employees utilizing the plan beginning September 1, 2017: Single: $1,000 Single + (Child/Spouse): $1,500 Family: $2,000 In the third year of utilizing the 1500 HDHP, the Board shall contribute to the HSA a sum that matches the employee’s contribution up to the following amounts: Single: $500 Single + (Child/Spouse): $750 Family: $1,000 B - Dependent Health Insurance District’s Dependent Health Insurance Premium Payment: For staff participating in the dependent health insurance premium payment program during the 2006-07 school year, the Board shall contribute to a teacher’s dependent health insurance coverage on the basis of the following criteria: Year of Dependent Coverage: Percent of teacher premium paid by Board: Year 1 0% Year 2 30% Year 3 40% Year 4 50% Year 5 and beyond 80% Beginning with the 2007/08 school year, new participants will be subject to the following criteria: Year of Dependent Coverage: Percent of teacher premium paid by Board: Year 1 0% Year 2 25% Year 3 35% Year 4 50% Year 5 and beyond 60% For employees electing family coverage, the Board will pay an amount equal to the employee-only premium plus a percentage of the remaining premium pursuant to the schedule above.
Time is Money Join Law Insider Premium to draft better contracts faster.