Extended Health Plans. A) The College will contribute one hundred percent (100%) of the premium for Extended Health Benefit coverage in accordance with the terms of the contract with the insuring company for those eligible employees who elect to participate. B) Extended Health Benefits shall include the following: i) Total lifetime coverage level will be unlimited. ii) Reimbursement level on claims will be ninety-five percent (95%). iii) Hearing aid benefit claims will be to a maximum of six hundred dollars ($600) every five (5) years. Effective October 1, 2020, hearing aid benefit claim maximums will be one thousand and five hundred dollars ($1,500) every five (5) calendar years. iv) Health and Welfare benefits coverage will cease on the day that an employee’s employment terminates. C) Optical care insurance to a maximum of one hundred and fifty dollars ($150) is provided in accordance with the terms of the contract with the insuring company. Effective October 1, 2020, optical care coverage will increase to six hundred and fifty dollars ($650) every two (2) years. The College will contribute toward the premium cost for optical care insurance in the amount of one hundred percent (100%) of the monthly premiums.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
