GROUP INSURANCE PROGRAMS Sample Clauses

GROUP INSURANCE PROGRAMS. ‌ 14-1 It is recognized by the Board and the Federation that the present group life insurance of the District is a condition of employment affecting all of the annual salaried employees and cannot be negotiated with any single group. The District shall assume the full amount of the full-time employee’s life insurance premium. 14-1-1 Life insurance benefits are provided in accordance with the plan approved by the Board of Education. 14-1-2 Hourly employees who have completed one (1) full year of service of 20 hours or more per week will have life insurance protection in the amount of $2,500. The District will pay the full cost of the employee’s life insurance premium. 14-2 Group long-term disability insurance coverage shall be provided for full-time employees, in accordance with the plan document approved by the Board of Education. Employees new to the Denver Public Schools will have coverage beginning at the same time as their life insurance coverage begins, three (3) months after employment. 14-3 A cafeteria plan will be implemented by the District for all full-time employees covered by this Agreement. The District shall provide each full-time contract manager covered by this Agreement with a flex dollar allowance of three thousand three hundred twenty- seven dollars and thirty-six cents ($3,327.36) per year. Employees covered by this Agreement may use the flex dollars to purchase benefits approved by the Benefits Board as part of the cafeteria plan.
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GROUP INSURANCE PROGRAMS. The District shall make available to all eligible employees the mandatory and optional group insurance programs offered by the School Employees Benefits Board (SEBB) under the rules and regulations adopted by SEBB. Benefits offered by SEBB include, but are not limited to, medical, dental, vision, long-term disability, life insurance, a Medical Flexible Spending Arrangement (FSA) and a Dependent Care Assistance Program (DCAP). Employees will also have the option of enrolling in a Health Savings Account (HSA) when a qualifying High Deductible Health Plan (HDHP) is selected for their medical insurance.
GROUP INSURANCE PROGRAMS. 1. During the life of this Agreement, the Vermont State Colleges will continue to pay 100% of the cost of accidental death and dismemberment insurance, and of group life insurance and long term disability insurances. All such benefit plans are subject to insurance carrier provisions and restrictions in effect as of November 2004. An employee who is on Long- term Disability shall remain on Long-Term Disability but shall remain an employee for no longer than one year after determination of eligibility. 2. The Vermont State Colleges shall offer a group dental and medical point of service managed care plan. Effective July 1, 2001, office visits under this plan shall be $15 per visit, regardless of premium payment. The Colleges and the employee shall share the cost of the premium of such a plan in accordance with the following schedule: a) For employees whose base annual salary is under $15,000, the Colleges will pay the entire cost of the premium for a single, two-person or family plan. b) For employees whose base annual salary is between $15,000 and $20,000, the Colleges will pay 98% of the cost of the premium and the employee shall pay 2%. c) For employees whose base annual salary is between $20,001 and $25,000, the Colleges will pay 96% of the cost of the premium and the employee shall pay 4%. d) For employees whose base annual salary is between $25,001 and $30,000, the Colleges will pay 94% of the cost of the premium and the employee shall pay 6%. e) For employees whose base annual salary is between $30,001 and $35,000, the Colleges will pay 92% of the cost of the premium and the employee shall pay 8%. f) For employees whose base annual salary is between $35,001 and $40,000, the Colleges will pay 90% of the cost of the premium and the employee shall pay 10%. g) For employees whose base annual salary is between $40,001 and $45,000, the Colleges will pay 88% of the cost of the premium and the employee shall pay 12%. h) For employees whose base annual salary is between $45,001 and $50,000, the Colleges will pay 86% of the cost of the premium and the employee shall pay 14%. i) For employees whose base annual salary is between $50,001 and $60,000, the Colleges will pay 84% of the cost of the premium and the employee shall pay 16%. j) For employees whose base annual salary is between $60,001 and $70,000, the Colleges will pay 82% of the cost of the premium and the employee shall pay 18%. k) For employees whose base annual salary is over $70,000, the Colleges wil...
GROUP INSURANCE PROGRAMS. Full-Time Employees
GROUP INSURANCE PROGRAMS. The Board shall continue in effect its group health, life insurance, dental, vision care, and income protection programs as long as the programs involving Board subsidy are approved and funded by the County Council. The Board shall also provide to employees a prescription plan, if such plan is approved and funded for employees by the County Council. The parties agree to pay group health and life insurance for each employee at the same percentage rate as for any other group of employees as long as the County Council approves and funds the Board’s subsidy in that amount.
GROUP INSURANCE PROGRAMS. 1. Group Term Life Insurance Plan Each Member of the Bargaining Unit shall be provided group term life insurance equal to one and one-half (1.5) times the total annual compensation s/he receives pursuant to Appendix A, Appendix B, and Appendix C of this Agreement. If this amount is not a multiple of $1,000, it will be rounded to the nearest multiple of $1,000, with $500 rounded up. 2. Group Hospital/Major-Medical Insurance Plan a. The company selected to provide group hospital/ major-medical insurance for Members of the Bargaining Unit and the coverage provided shall be mutually acceptable to the Board and the Association. b. Each Member of the Bargaining Unit shall have the option to elect single coverage or family coverage or to elect not to participate in the group hospital/major-medical insurance plan. As of the date that this Agreement has been ratified and adopted by the parties, no Member of the Bargaining Unit may elect coverage under the No Deductible PPO plan (PPO1); Members of the Bargaining Unit enrolled in the No Deductible PPO plan as of said date may continue their coverage under said plan. Members of the Bargaining Unit whose first day of employment is on or after July 1, 2012 may only elect coverage under the Deductible PPO plan (PPO2), High-Deductible/HSA PPO plan (PPO3), or the BA HMO plan (HMO2).
GROUP INSURANCE PROGRAMS. 6.1 The District agrees to make available to eligible employees (employed more than 4 hours per day), the following insurance programs and provide as of October 1 of each year, an insurance benefit amount equivalent to the amount provided by the State for K-12 classified employees on a one (1) FTE basis per month per eligible employee. Such amount shall be updated each December for a twelve-month period beginning January 1 and ending December 31. Additionally, the District shall fund the amount required by the Health Care Authority for the school employee retiree subsidy fund. All eligible employees are required to participate in the dental, vision/hearing, life, and long-term disability insurance plans. Medical plan participation is optional. Insurance coverage for eligible employees is provided within the terms of District Insurance contracts.
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GROUP INSURANCE PROGRAMS. The District agrees to make available to eligible employees (employed more than 4 hours per day or more than 20 hours per week), the following insurance programs and provide an insurance benefit amount equivalent to the amount provided by the State for K – 12 classified employees, per month per eligible employee. Such amount shall be updated each December for a twelve-month period beginning January 1 and ending December 31. Additionally, the District shall fund the amount required by the Health Care Authority for the school employee retiree subsidy fund. All eligible employees are required to participate in the dental, vision/hearing, life, and long-term disability insurance plans. Medical plan participation is optional. Insurance coverage for eligible employees is provided within the terms of District Insurance contracts.
GROUP INSURANCE PROGRAMS. The Employer will make available Choices II group insurance programs covering certain hospitalization, surgical, medical, dental, vision, life and long term disability expenses for participating employees and their eligible dependents. All employees covered by this contract hired after July 1, 2008 will be required to pay five percent (5%) of the insurance premium. The insurance program provides the coverage set forth below. The specific terms and conditions governing the group insurance program are set forth in detail in the master policy or policies governing the program as issued by the carrier.
GROUP INSURANCE PROGRAMS. The parties agree that the employer contribution toward health care be capped at the annual cost limitations established by the Michigan Department of Treasury. The cap amounts do not include vision, life, and dental, which will be employer paid. Such insurance benefits shall be prorated for part-time bargaining unit members. The insurance available throughout this contract period shall be underwritten by group insurance contracts with a reputable insurer as may be agreed upon by the parties. Employees who do not select health insurance coverage shall participate in Plan B. In the event that a husband and wife are both employees of the District, they are eligible for this same insurance coverage. In such cases, one shall select Plan A and the other shall select Plan B. Employees are eligible to participate in the group insurance program on the first (1st) day of work with the Employer or at a date thereafter that may be established by the insurance carrier. The current open enrollment period requires employees to select or make changes to their health insurance coverage on or before November 30th of each year. Employees electing to participate in the group insurance plan shall advise the Employer in writing of this intent and shall make arrangements satisfactory to the Employer for the payment of the required monthly premium, if any.
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