Health and Other Benefit Plans Sample Clauses

Health and Other Benefit Plans. The Executive shall be eligible to participate in any retirement plan, term life insurance or group medical insurance program (the “Benefit Plans”) offered by the Company, subject to the terms and conditions of such Benefit Plans. The Company maintains the right to terminate, modify, or amend the terms of such Benefit Plans. In the event that the Executive elects not to participate in the Company’s health insurance Benefit Plan, the Executive shall be entitled to receive a health insurance allowance equal to the Company’s regular contribution to the Company health insurance Benefit Plan.
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Health and Other Benefit Plans. 1. Effective October 1, 2010 the District agrees to pay health insurance benefits up to the following: Single $ 352.75 per month Employee Plus Spouse $ 810.37 per month Employee Plus Child(ren) $ 810.37 per month Family $ 950.85 per month The District will pay up to the stated amount regardless of which insurance plan (OEBB) the member selects. The District will provide dental, life and long-term disability insurance benefits. 2. Effective October 1, 2011 the District agrees to pay health insurance benefits up to the following: Single $ 373.92 per month Employee Plus Spouse $ 858.99 per month Employee Plus Child(ren) $ 858.99 per month Family $ 1,007.90 per month The District will pay up to the stated amount regardless of which insurance plan (OEBB) the member selects. The District will provide dental, life and long-term disability insurance benefits. 3. Rather than those benefits specified in subsection 1 above, part-time members shall be provided single subscriber medical subject to the above caps, single subscriber dental, life and long-term disability coverages subject to the rules and regulations of the insurance carrier. 4. If a member is laid off, he/she may continue his/her insurance coverage at his/her own expense during the period of layoff per Article 22, E, and subject to the rules and regulations of the insurance carrier and subject to federal law (“COBRA”). 5. Insurance plans and/or carriers may be changed during the term of this Agreement only by mutual agreement between the parties. 6. Members who work one hundred and sixty-five (165) days or more in a fiscal year shall be entitled to the District contribution for twelve (12) months for fringe benefits in accord with this section so long as the member completes his/her individual contract. The individual contract will be deemed completed if the member either works or receives pay for all workdays scheduled on the member's work calendar. Members who work less than 165 days shall have the number of months of District contributions prorated. Notwithstanding, members who would otherwise qualify for 12 months of District insurance contributions, but who are on unpaid status for over 10 consecutive workdays, will have their health and other benefit plan District contributions for the following month reduced by a fraction created by the total number of days of unpaid leave during that month over the denominator of 15.833. Member contributions to health and other benefit plan benefits necessitated ...
Health and Other Benefit Plans. 1. Effective October 1, 2014 the District agrees to contribute up to the following dollar “caps” towards the purchase by full-time Members of health insurance: Single $ 445.35 Employee Plus Spouse $ 1023.07 Employee Plus Child(ren) $ 1023.07 Family $ 1200.42 2. Effective October 1, 2015 the District contribution shall be increased by 6%. 3. Effective October 1, 2016 the District contribution shall be increased by 6%. 4. The District will pay the above-stated amounts regardless of which District-approved medical insurance plans the Member selects. The District pays the “single” premium for all eligible Members. The District pro-rates premium contributions for spouse, child(ren) or family coverage for part-time Members. 5. The District will provide dental, life and long-term disability insurance benefits. a. The District pays premiums for dental coverage as follows: (1) Full-time Members: Fully paid premiums for single, spouse, child(ren) or family coverage. (2) Part-time Members: Fully paid premium for single coverage. Pro-rate premium for spouse, child(ren) of family coverage. b. The District will pay premiums for life ($50,000), AD&D ($50,000) and long- term disability insurance benefits for all eligible Members. 6. In the event a member selects a health plan which costs less than the District contribution caps specified in Article 23, Section F, the difference will be deposited into a Health Savings Account (HSA) in the employee’s name. 7. The District agrees to pay $210 per month into a VEBA (Voluntary Employee Benefit Account) or similar program for every unit member agreeing to drop the district insurance plan, during open enrollment, explained in Section 23.F.1-4 above and 23.F.8-9 below, subject to the limitations and conditions required by the insurance carrier. a. Such employee must provide evidence that they are covered by an alternate insurance plan. 8. For the purposes of determining the District’s health insurance contribution, the following method will be used to calculate full time and part time status and to pro-rate health insurance contributions for part time status Members: a. 1320 annual hours or more annual hours = full time benefits. b. 768 annual hours to 1319.99 annual hours = Member’s scheduled annual hours/1520 annual hours x full time benefits. For example: (1) A Member scheduled to work 768 annual hours; 768/1520; Member receives 51% of full District insurance contribution. (2) A member scheduled to work 1319 annual hours; 1319/...
Health and Other Benefit Plans. 1. Effective October 1, 2017 the District agrees to contribute up to the following dollar “caps” towards the purchase by full-time Members of health (medical, dental and vision) insurance: a. Single $592.99 b. Employee Plus Spouse $1334.33 c. Employee Plus Child(ren) $1248.97 d. Family $1758.93 2. The District will pay the above-stated amounts regardless of which District-approved medical insurance plans the Member selects. The District pays the “single” premium for all eligible Members. The District pro-rates premium contributions for spouse, child(ren) or family coverage for part-time Members. Domestic Partners of benefits eligible members shall be eligible for insurance coverage. In the event a member chooses cross tier selections (medical, dental and vision), the medical plan will dictate the cap amount. a. The District will pay premiums for life ($50,000), AD&D ($50,000) and long-term disability insurance benefits for all eligible Members. 3. The District shall make an Employee Assistance Program available for all members. 4. In the event a member selects a HSA compliant medical insurance plan, the difference between their medical, dental and vision plan costs and the District contribution caps specified in Article 23, Section F, will be deposited into a Health Savings Account (HSA) in the employee’s name. 5. The District agrees to pay $300 per month into a VEBA (Voluntary Employee Benefit Account) or similar program for every unit member agreeing to drop the district insurance plan, during open enrollment, explained in Section 23.F.1-4 above and 23.F.8-9 below, subject to the limitations and conditions required by the insurance carrier. a. Such employee must provide evidence that they are covered by an alternate insurance plan. 6. For the purposes of determining the District’s health insurance contribution, the following method will be used to calculate full time and part time status and to pro-rate health insurance contributions for part time status Members: a. 1320 annual hours or more annual hours = full time benefits. b. 760 annual hours to 1319.99 annual hours = Member’s scheduled annual hours/1520 annual hours x full time benefits. For example: (1) A Member scheduled to work 760 annual hours; 760/1520; Member receives 50% of full District insurance contribution. (2) A member scheduled to work 1319 annual hours; 1319/1520; Member receives 87% of full District insurance contribution. c. Member’s annual hours shall be determined by their scheduled...
Health and Other Benefit Plans. A. Group Health Reimbursement Arrangement (Group HRA) 1. Effective October 1, 2024, the Union and District have designated certain OEBB medical plans as preferred plans. Each year of this agreement, one or more of the plans selected will be paired with a District funded Group HRA. Members and eligible dependents that enroll in the preferred district major medical plan shall also be eligible to participate in a District sponsored group HRA plan. 2. The following preferred plans are subject to change by OEBB and by mutual agreement between the Union and the District. x. Xxxxxx Plan 2B b. Moda Plan 5 3. Group HRA Plan design: Xxxxxx Plan 2B The Group HRA will reimburse one hundred percent (100%) of the Xxxxxx Plan 2B deductible. Maximum in-network out-of-pocket paid by employees is one thousand five hundred dollars ($1,500) per person (up to four thousand five hundred dollars ($4,500) for families of three (3) or more). a. Employee Only - $0/$1,500 b. Employee plus Spouse - $0/$3,000
Health and Other Benefit Plans. Employee shall be entitled to participate in any and all of the Company’s health and other benefit plans that are in effect from time to time.
Health and Other Benefit Plans. Executive shall be entitled to participate in the Company’s health and other benefit plans that are in effect from time to time.
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