First 1000 Plan Sample Clauses

First 1000 Plan. The First 1000 Plan has no premium payments. There is a $15 co-payment for each office visit/medical treatment received by participants from network providers. Each enrollee is provided an allowance of $500 per calendar year toward medical services provided at network providers (exclusive of visit/treatment co-payments, prescription co-payments, and mental health and substance abuse co-payments). Once the $500 allowance has been exhausted, the enrollee pays 100% of all medical costs up to an annual maximum of: Network Non-Network Single $1000 $3000 Double $2000 $6000 Family $3000 $9000 After payment of the maximum annual deductibles (noted above), network benefits are then covered at 100% or 80% for specified services; and non-network benefits are covered at 70% or 60% for specified services. There is an additional co-pay of $100 per day for the first five days of any inpatient admission. Prescription drugs, at pharmacies specified by the plan, have a co-payment of $10 for a generic formulary, $20 for non-generic formulary, and $30 for non-generic non- formulary. The prescription drug co-payment for mail order, 90-day supply is $20 for generic formulary, $40 for non-generic formulary, and $60 for non-generic non-formulary. There is a $100 co-payment for each emergency room visit, except that no co-payment is required if the patient is admitted as an in-patient as a result of the emergency. Bargaining Unit members who enroll in this plan must attend an information session to review the requirements and guidelines of the plan.
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First 1000 Plan. The terms specified herein take effect January 1, 2012. The plan is a consumer driven plan that provides a benefit allowance of $500 per member each calendar year to be used for medical services provided at network providers. The allowance does not apply to co- payments, prescription benefits, mental health and substance abuse co- payments. The annual deductibles are: Network Non-Network Single $1000 $3000 Double $2000 $6000 Family $3000 $9000 The plan covers preventative and well childcare. Network benefits are covered at 100% and/or 80% after deductible for specified services. Non- network benefits are covered at 70% or 60% after deductible. There is a separate $100 co-pay per day for the first five days of any inpatient admission. Prescription drugs, at pharmacies specified by the plan, are covered with a co-payment of $10.00 for generic-formulary, $20.00 for non-generic formulary and $30.00 for non-formulary. The prescription drug co-payment for mail order, 90-day supply, will be $20.00 for generic- formulary, $40.00 for non-generic formulary and $60.00 for non-formulary. A $15.00 co-payment shall be required for each office visit/medical treatment received by participants from Network providers. A $100.00 co-payment shall be required for each emergency room visit, except that no co-payment shall be required if the patient is admitted as an in-patient as a result of the emergency. Bargaining Unit members that enroll in this plan must attend an information session to review the requirements and guidelines of the plan.

Related to First 1000 Plan

  • Incentive Plans During the Term of this Agreement, Executive shall be entitled to participate in all bonus, incentive compensation and performance based compensation plans, and other similar policies, practices, programs and arrangements of the Company, now in effect or as hereafter amended or established, on a basis that is commensurate with his position and no less favorable than those generally applicable or made available to other executives of the Company. The Executive's participation shall be in accordance with the terms and provisions of such plans and programs. Participation shall include, but not be limited to:

  • Incentive Plan 23:01 Effective January 1, 2003, the basis on which any Incentive Plan payment is calculated will be modified. The modified plan will be based upon a 100% target payout of 2.5%, comprised of 1.75% District / Departmental targets and 0.75% Spectra Energy Earnings Per Share (EPS). Any Incentive Plan payout will be based upon the employee’s incentive eligible earnings which includes straight-time earnings, STD, vacation pay, holiday pay, paid personal days, overtime pay, and shift premiums. For clarity, any other forms of payment will not be included in the employee’s incentive eligible earnings. The rules and administration and payout formula of the Company’s Short Term Incentive Plan will apply to this Incentive Plan. The Incentive Plan for employees will be calculated on: ⮚ Operations District/Departmental targets - a sliding scale based on the achievement of the targets. The sliding scale starts at an achievement level of fifty (50%) percent each calendar year. Achievement below fifty percent (50%) in any calendar year results in no payout under this component of the Incentive Plan. At one hundred percent (100%) achievement level in a calendar year, the District / Department component of the Incentive Plan payment will be: • One and three-quarters percent (1.75%) of the employee’s incentive eligible earnings in each calendar year, or At the achievement level of one hundred and fifty percent (150%) or more in a calendar year, the maximum District / Department component of the Incentive Plan payment will be: • Two and five-eighths percent (2.625%) of the employee’s incentive eligible earnings in each calendar year. ⮚ Spectra Energy Earnings Per Share (EPS) - a sliding scale based on the achievement of the target EPS. The sliding scale starts at an achievement level of fifty (50%) percent each calendar year. Achievement below fifty percent (50%) in any calendar year results in no payout under this component of the Incentive Plan. At one hundred percent (100%) achievement level in a calendar year, the EPS component of the Incentive Plan payment will be: • Three-quarters percent (0.75%) of the employee’s incentive eligible earnings in each calendar year, or At the achievement level of two hundred percent (200%) or more in a calendar year, the maximum EPS component of the Incentive Plan payment will be: • One and one-half percent (1.50%) of the employee’s incentive eligible earnings in each calendar year. The District / Department and Spectra Energy Earnings Per Share targets will be established annually by the Company. Any applicable payment under this Incentive Plan will be paid by March 31, of the following calendar year.

  • SEB Plan The parties agree to establish and administer a Supplemental Employment Benefits Plan (the “Plan”) as follows:

  • Equity Awards You will be eligible to receive awards of stock options or other equity awards pursuant to any plans or arrangements the Company may have in effect from time to time. The Board or Committee, as applicable, will determine in its sole discretion whether you will be granted any such equity awards and the terms of any such award in accordance with the terms of any applicable plan or arrangement that may be in effect from time to time.

  • Deferred Salary Scheme Employees may apply to have their salary payments deferred in accordance with the provisions of this clause.

  • Return of Grant Funds City may demand the immediate return of any previously disbursed Grant Funds that have been claimed or expended by Grantee in breach of the terms of this Agreement, together with interest thereon from the date of disbursement at the maximum rate permitted under applicable law.

  • METHOD OF AWARD AND PROCEDURE FOR AWARDING A SOW AGREEMENT 5.1. Contractor selection, or the determination to terminate the SOW-RFP without award, shall be done in the best interest of the State.

  • System for Award Management (XXX) XXX.gov)

  • Incentive Program Members who are rated as either Level I, Level II or Level III in every phase of the Physical Fitness Test are eligible to participate in the Incentive Program.

  • Compensation Plan The Compensation Plan adopted by the City Council shall provide for salary schedules, rates, ranges, steps and any other special circumstances or items related to the total compensation paid employees. Each position within the classified services shall be allocated to its appropriate class in the classification plan on the basis of duties and responsibilities. Each class shall be assigned a salary range or a rate established in the salary plan. All persons entering the classified service shall be compensated in accordance with the salary plan then in effect.

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