Employee Medical Insurance Sample Clauses

Employee Medical Insurance. All bargaining unit members who work thirty (30) hours or more per week may elect to participate in the District's group health insurance program. The District will pay 100% of single individual coverage of the employee. Family or dependent coverage shall be the employee's sole expense. For the purpose of this Agreement, bargaining unit members who are regularly scheduled for, and regularly work thirty (30) hours or more per week, shall be considered full‐time bargaining unit members. A committee shall be created with members from administration and each of the Associations within the District.
Sample 1
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Employee Medical Insurance. The Department shall provide the following Employee Group Insurance:
Sample 1
Employee Medical Insurance. The Board shall provide and pay eighty-eight percent (88%) of the cost of coverage for employees and their families for the Century Preferred so long as this plan is offered by Anthem Blue Cross. Medical and dental insurance will be provided for dependents as defined by the IRS to age 26.
Sample 1
Employee Medical Insurance. (i) Buyer will use commercially reasonable efforts to obtain group medical insurance for the Employees prior to the Closing. In the event that Buyer is unable to obtain such group insurance prior to the Closing, Seller shall cooperate, in good faith, to have the Employees remain insured under Seller’s medical insurance plan for a period of up to 60 days following the Closing (the Employees so covered during such period, the “Transitional Participants”), and Buyer will transfer all Transitional Participants, including any Transitional Participant who is or may be eligible for COBRA continuation coverage, and their covered dependents, to such group medical insurance, whether or not such individuals are employed by Buyer on the date such plan becomes effective; provided, however, that Seller shall remain responsible for providing COBRA continuation coverage for all employees of EPB who terminated their employment with EPB prior to the Closing Date. (ii) Buyer agrees to pay, on behalf of the Transitional Participants, the Transitional Costs. For purposes of this Section 7.7, “Transitional Costs”means an amount equal to the sum of claims incurred on and after the Closing and payable under the terms of Seller’s group medical plan consistent with past claims adjudication practice (and not covered by re-insurance), third-party administration costs and stop-loss premiums attributable to the Transitional Participants. Notwithstanding the foregoing, Buyer reserves the right to charge the Transitional Participants any portion of the Transitional Costs.
Sample 1
Employee Medical Insurance. ‌ a. The Board shall provide and pay ninety percent (90%) of the cost of coverage for employees and their families in year one, eighty nine percent (89%) in year two, and eighty eight percent (88%) in year three of the agreement, for the Century Preferred so long as this plan is offered by Anthem Blue Cross. Prescription coverage will be offered with two options: annual coverage maximum of $2750.00 or unlimited coverage
Sample 1
Employee Medical Insurance 
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Related to Employee Medical Insurance

  • Retiree Medical Insurance Retiree insurance coverage is included within each medical plan for all retirees under the age of 65 years, through self-payment. The Employer shall make available an appropriate medical plan for all eligible retirees ages 65 years or older.

  • Medical Insurance The Company shall provide to Executive, Executive's spouse and children, at its sole cost, such health, dental and optical insurance as the Company may from time to time make available to its other executive employees.

  • Basic Medical Insurance All regular Employees may choose to be covered by the medical plan for which the British Columbia Medical Plan is the licensed carrier. Benefits and premiums shall be in accordance with the existing policy of the plan. The Employer will pay one hundred percent (100%) of the regular premium.

  • Optical Insurance 1. The Board shall provide Group I employees a vision plan comparable to the VSP 3 plan. 2. The Board shall provide Group II employees a vision plan comparable to the VSP 1 plan.

  • Retiree Insurance Retired employees and their dependents shall be entitled to continued coverage under the district sponsored group health insurance program, provided the retired employee makes written application with the clerk of the board of education for such continued coverage within thirty (30) days following the retirement of the employee. Retired employees electing continued coverage shall be required to make the monthly premium payment for such continued coverage in advance of the due date of the premium to the carrier. The premium amount will be determined by the carrier. Such payment shall be made to the Board of Education or directly to the insurance carrier, as may be determined by the board. The coverage under the group health-care benefits will cease at such time as (1) the retired employee attains eligibility for Medicare, (2) the retired employee fails to make the required premium payments on a timely basis, or (3) the retired employee becomes covered or is eligible to be covered under a group plan of another employer. For purposes of this provision, retired means those employees who have terminated employment and are receiving a retirement or disability benefit from K.P.E.R.S.

  • Retiree Health Insurance Retired members of the Department receiving, or to receive City of Lincoln monthly pension checks, may participate in the group comprehensive health care plan for active City employees, provided that each retiree so desiring will execute the required forms in a timely fashion, and further provided that each retiree will be required to pay the full monthly cost at the current rates subject to any rate increases which may occur from time to time. Such payment will be made by payroll deduction from pension checks, or by direct payment in the case of an early retiree.

  • INDUSTRIAL INSURANCE It is understood and agreed that there shall be no Industrial Insurance coverage provided for Contractor or any Sub-Contractor of the Contractor by the City. Contractor agrees, as a precondition to the performance of any work under this Agreement and as a precondition to any obligation of the City to make any payment under this Agreement to provide City with a certificate issued by an insurer in accordance with NRS 616B.627 and with a certificate of an insurer showing coverage pursuant to NRS 617.210. It is further understood and agreed by and between City and Contractor that Contractor shall procure, pay for, and maintain the above mentioned industrial insurance coverage at Contractor's sole cost and expense. Should Contractor be self-funded for Industrial Insurance, Contractor shall so notify City in writing prior to the signing of this Contract. City reserves the right to approve said retentions, and may request additional documentation, financial or otherwise, for review prior to the signing of this Contract. CONTRACTOR shall maintain coverages and limits no less than:

  • Workers’ Compensation/Employer’s Liability Insurance The minimum limits of Workers’ Compensation/Employer’s Liability insurance are: Part One: Part Two: “Statutory” Each Accident $1,000,000 Disease – Policy Limit $1,000,000 Disease – Each Employee $1,000,000

  • Trauma Insurance All employees will be covered by an Incolink administered lump sum insurance policy providing financial compensation in the event of a major work related (ie. WorkCover) accident resulting in death or permanent total disablement. The full and precise conditions of this cover will be in accordance with the terms of the policy, but in general will provide that, in the event of a workplace accident occurring which results in either the death or total permanent disablement of a worker covered by this Agreement, a lump sum payment as specified below will made. The defined payments are: With dependants $250,000 Without dependants $150,000 This benefit has been agreed to by the company on the grounds that premium costs have been set at $7 per week/worker and will not exceed that amount. In the event of insurance costs rising, it is agreed that the table of defined benefits will be reduced so as to maintain the $7 premium figure. To maintain this cover the company agrees to pay the amounts every week for each employee.

  • Travel Insurance The Employer shall provide and pay the full cost for travel insurance to cover all members of the bargaining unit for all modes of travel, in the amount of $200,000.00. The travel insurance policy shall also cover employees while on union business.

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